Jetstar Airways Pty Ltd, trading as Jetstar, is an Australian low-cost airline (self-described as "value based")[4] headquartered in Melbourne, Australia.[5][6] It is a wholly owned subsidiary of Qantas, created in response to the threat posed by low-cost airline Virgin Blue. Jetstar is part of Qantas' two brand strategy[7] of having Qantas Airways for the premium full-service market and Jetstar for the low-cost market. Jetstar carries 8.5% of all passengers travelling in and out of Australia.[8]
The airline operates an extensive domestic network as well as regional and international services from its main base at Melbourne Airport,[9] using a mixed fleet of Airbus A320 family, Airbus A330 and Boeing 787 Dreamliner. Like its Qantas parent, Jetstar competes with Virgin Australia and its fully owned low-cost subsidiary Tigerair Australia.[10]
Qantas also has stakes in sister airlines Jetstar Asia Airways, Jetstar Pacific Airlines, Jetstar Japan and Jetstar Hong Kong.