Valuair and Jetstar Asia Agree to Merge

Jul 20th, 2005 | By Jared Blank

We’re starting to see the first cracks in the insane growth in the Asian lowfare market: Two of the largest players, Valuair and Jetstar Asia have agreed to merge in a move to strengthen the financial position of the airline. A third Asian lowfare carrier, has recently said that they will lose money this year. Unfettered growth can’t continue forever.

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