Airline

Jetstar Japan to break even in three years

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Jetstar Japan to break even in three years

Jetstar’s chief executive Jayne Hrdlicka has predicted that Jetstar Japan will break even "in a three to four-year timeframe".

The airline has been boosted by cash injections from Qantas and Japan Airlines to enable it to pursue growth opportunities.

"It is an investment to ensure the market development," Hrdlicka told The Australian. "We are committed to the long-term future of this business. The investment we have made is in the long-term future of this business so we can capitalise on our strong market leadership position." Asked when the airline would break even, she replied: "It is on track to do what we expected, in a three to four-year timeframe.