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Qantas Ups Stakes in Jetstar Asia, Valuair

Wednesday, 1 Apr 2009 | 10:13 PM ET

Qantas has raised it stake in budget carriers Jetstar and Valuair to 49% from 44%. In this First on CNBC interview, Jetstar CEO Bruce Buchanan tells CNBC's Amanda Drury & Matthew Taylor how this will help his airline grow its presence in the region.