NEWS: Qantas to Divest Stake in Jetstar Japan; Airline to Transition to New Japanese-Based Ownership Structure

Qantas Group has recently announced that it will divest its 33.3% stake in Jetstar Japan, marking a strategic step in the airline’s evolution toward a fully Japanese-based structure. The move reflects Qantas’ ongoing focus on its core markets while supporting the long-term growth and localization of Jetstar Japan.

The decision follows the signing of a Memorandum of Understanding (MoU) on February 3, 2026, outlining the framework for Qantas’ sale of its shareholding. Upon completion of the transaction, Jetstar Japan will undergo a rebranding and operate under a new ownership structure designed to strengthen its position in the Japanese aviation market.

Tokyo Century Corporation will continue as a shareholder, providing continuity in the airline’s operations. Additionally, the Development Bank of Japan (DBJ) is expected to join the shareholder group, bringing extensive local market expertise and a proven track record in supporting the aviation industry, according to a statement from Japan Airlines.

“The divestment of Qantas’ stake in Jetstar Japan is an important milestone for the airline and its partners,” said a Qantas Group spokesperson. “This transition enables Jetstar Japan to continue expanding its low-cost services in Japan while leveraging the insights and experience of local shareholders.”

The changes will take effect only after all regulatory approvals are secured and the transaction is formally completed. Jetstar Japan will continue to operate its current routes and services during this transition period, ensuring a seamless experience for passengers.