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Mitsubishi Motors to offer $2 bln in shares - Nikkei

REUTERS - Japanese carmaker Mitsubishi Motors Corp plans to offer about 200 billion yen in shares to the public and use the proceeds to buy back preferred shares it issued in the past to four group firms, the Nikkei said.Mitsubishi Heavy Industries Ltd, Mitsubishi Corp, Bank of Tokyo-Mitsubishi UFJ, and Mitsubishi UFJ Trust and Banking Corp own around 380 billion yen in preferred shares issued by the...
Source : Yahoo Finance |
Category : Personal Finance

Qantas set to invest more in Jetstar Japan

settings.Seeking international routes: JAL president Masaru Onishi says short-haul flights to destinations such as China, Korea and Taiwan are key to Jetstar Japan's future.Qantas is said to be on the cusp of pouring more money into Jetstar Japan as it seeks to secure its position in the domestic Japanese market against other newcomers.Japanese newspaper Nikkei has reported that Jetstar Japan will...
Source : Sydney Morning Herald |
Category : Business

Singapore's anti-competition watchdog has no issues with Qantas-Jetstar partnership

anti-competition watchdog has no issues with Qantas-Jetstar partnershipA Jetstar Airbus A320 plane at the Changi Airport Terminal 1 on Sept 21, 2011. Singapore's competition watchdog has no issues with Australia's Qantas working closely with its low-cost carrier arm, Jetstar, to plan flight schedules for example. -- ST FILE PHOTO: ALPHONSUS CHERNSingapore's competition watchdog has no issues with ...
Source : Straits Times |
Category : International

Jetstar HK gets China Eastern loan

settings.Delays in regulatory approvals are believed to have Jetstar's Hong Kong joint venture considering selling off more plans.China Eastern Airlines has extended a $US60 million loan to Jetstar Hong Kong at a time when the Qantas Airways-backed budget carrier has yet to receive regulatory approval to operate.Qantas, China Eastern and Hong Kong’s Shun Tak Holdings each hold a one-third stake in...
Source : Sydney Morning Herald |
Category : Business

Jetstar to close Darwin base, cut flights

settings.Jetstar plans to dump flight from Darwin to destinations including Bali and Singapore.Jetstar will close its aircraft base in Darwin and cut back on flights from the Northern Territory capital to destinations including Bali, Brisbane and Singapore as it faces intense competition from other airlines.The decision to reduce Jetstar’s exposure to the Northern Territory comes less than a week after...
Source : Sydney Morning Herald |
Category : Business

Dreamliner touches down in Melb

settings.After a five-year delay, Jetstar's first next-generation Boeing 787 Dreamliner has arrived in Melbourne.Victorian Premier Denis Napthine was at Melbourne Airport with about 150 Jetstar staff to greet Qantas chief executive Alan Joyce and his Jetstar counterpart Jayne Hrdlicka after an 11-hour flight from Honolulu.Flight JQ7878 arrived shortly after 1pm AEDT to a fire hose greeting, marking...
Source : Sydney Morning Herald |
Category : International

Dogfight over Jetstar's Hong Kong takeoff

settings.Jetstar remains confident it will gain regulatory approval to fly out of Hong Kong.Jetstar faces mounting opposition to its attempt to launch operations in Hong Kong after another two airlines revealed they would fight its bid for regulatory approval.A week after Cathay Pacific made a blistering attack on Jetstar's plans, Hong Kong Airlines and its sister carrier Hong Kong Express confirmed...
Source : Sydney Morning Herald |
Category : Business

Jetstar Asia records second profit

settings.Jetstar's longest-operating overseas offshoot, Jetstar Asia, has posted a small full-year profit amid intense competition between budget airlines for market share in south-east Asia.Accounts filed recently with Singaporean regulators show Jetstar Asia's holding company, Newstar Investment, posted a bottom-line profit of $S2.5 million ($2.2 million) for the year to June, compared with $S2.1...
Source : Sydney Morning Herald |
Category : Business

Qantas dips into pockets for Jetstar Japan

settings.Budget airline Jetstar Japan has suffered growing pains since launching in July last year.Qantas is said to be on the cusp of pouring tens of millions of dollars into Jetstar Japan as it seeks to secure its position in the domestic Japanese market against other newcomers.has reported Jetstar Japan will raise 11 billion yen ($117 million) next month from Qantas and Japan Airlines, which each...
Source : Sydney Morning Herald |
Category : Business

Mitsubishi Blog

Read about current Mitsubishi news, road tests, comparisons, articles, and tuning. We also feature a wide variety of Mitsubishi photos and videos.On its stand at the Moscow motor show Japanese company rolled out the two new items - mikrokar and SUV, which run on electric.Regarding the first - this is already known to us Mitsubishi i-MiEV (Mitsubishi Innovative Electric Vehicle - an innovative electric...
Source : Blogcatalog |
Category : Automobile
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