News
Japan Airlines set to announce new brand succeeding Jetstar Japan in October
July 10th 2026
On July 8, Japan Airlines (JAL) announced that the Development Bank of Japan (DBJ) will become Jetstar Japan’s (JJP) new shareholder, eventually replacing Qantas Group, which is planning to withdraw from the venture. Read More » The Aviation Wire reported that Jetstar Japan will issue new preferred shares and common shares, which will be subscribed to by DBJ. JJP will use the funds raised from the new share issuance to repurchase its existing preferred shares and common shares held by the Qantas Group. Subsequently, it will cancel the shares acquired from Qantas. JAL said that its stake and status with JJP will remain unchanged. The parties plan to complete the negotiations by the end of July 2026.
JAL said it plans to launch the new brand that succeeds Jetstar Japan in October 2026 and to complete the stock transfer and brand transition in June 2027, pending regulatory approvals.
