Asia-Pacific (APAC) News

ch-aviationDirk Andrei Salcedo

Jetstar Japan to rebrand by 3Q27 as Qantas exits through share buyback

Qantas Group and Japan Airlines have signed a binding agreement to restructure Jetstar Japan’s ownership, with the Development Bank of Japan replacing Qantas through a share buyback. The low-cost carrier plans to rebrand by the third quarter of 2027, ending Qantas’ role in the Japanese venture.

2026-08-05T16:14:54.820127-07:00

Asia-Pacific (APAC)

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Jetstar Japan to rebrand by 3Q27 as Qantas exits through share buyback

Qantas Group and Japan Airlines have signed a binding agreement to restructure Jetstar Japan’s ownership, with the Development Bank of Japan replacing Qantas through a share buyback. The low-cost carrier plans to rebrand by the third quarter of 2027, ending Qantas’ role in the Japanese venture.

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UPS seeks DOT approval to transfer six weekly fifth-freedom cargo frequencies between Hong Kong and Clark

United Parcel Service has asked the U.S. Department of Transportation to approve the transfer of six weekly fifth-freedom cargo frequencies linking Hong Kong International Airport with Clark International Airport in Angeles City, potentially reshaping UPS’s regulatory authority and operating pattern on the Asia-Pacific route.

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FlightGlobal

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Airlines report divergent first-half results as fuel costs pressure margins

Cathay Pacific posted its strongest first-half performance since 2010, with passenger and cargo growth offsetting higher fuel costs, while Lufthansa’s operating profit fell to €383 million and Air Astana slipped into a small loss. Carriers remain cautious as Middle East-related fuel price pressures persist.

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Bloomberg

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Jetstar to monetize overhead-bin access as Qantas agrees to sell Jetstar Japan

From 2 February 2027, Jetstar will replace its 7kg cabin-baggage allowance with size-based rules, charging separately for larger bags stored overhead and priority boarding. Separately, Qantas has agreed to divest its entire stake in Jetstar Japan in a deal valued at about ¥8.2 billion ($52 million), expected to close by June 2027.

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Archer’s Midnight completes California city-to-city flight as eVTOL sector advances commercial and defense applications

Archer Aviation’s piloted, all-electric Midnight prototype flew roundtrip between Salinas Municipal and Monterey Regional airports on July 30. Separately, Korean Air is exploring a military transport version with Archer, while Indonesia’s Whitesky Group ordered 60 Volant VE25-100 aircraft in a deal valued at approximately $221 million.

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Reuters

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Qantas exits Jetstar Japan in ¥8.2 billion stake sale as airline shifts to wholly Japanese ownership

Qantas has completed the sale of its 33.32% Jetstar Japan stake to the low-cost carrier for ¥8.2 billion ($52.1 million). The restructuring, involving Japan Airlines and the Development Bank of Japan, will leave Jetstar Japan wholly Japanese-owned and redirect Qantas capital toward its Australian operations.

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