Qantas exits Jetstar Japan

Qantas and Japan Airlines (JAL) have finalized a binding agreement for the sale of Jetstar Japan. This transaction will occur via a share buyback, effectively ending Qantas’s involvement with the low-cost carrier. The deal follows an earlier memorandum of understanding established in February 2026. A Japanese capital group is now set to take ownership of Jetstar Japan. Regulatory approvals remain necessary before this transition can be completed according to AviTrader reporting.