Hold on....Although Qantas is putting in 49% of funds to operate this regional airline in Asia it is not going to be a "Qantas or JetStar" run company, it is merely an investment held by Qantas. There is a Malaysian airline operating at the moment called "Air Asia". They are based out of Kuala Lumpur and currently fly from Malaysia to Indonesia, Singapore and Thailand. Air Asia is run by the philosophy of Virgin Blue, running low cost fares regionally withing Asia. Most regional flights within Asia are between 1-5 hours. This airline is doing very well. Now Singapore Airlines had a plan to operate a similar low cost airline in competition to Air Asia and now with the backing of QF and other companies it is going ahead. It will not take over any Qantas or Australian Airlines routes, nor be involved with Jet Star. I think the media hyped it up well when they heard Qantas was involved with this and they dubbed it "Jet Star Asia". It's something more like "Tiger" or similar, I cant remember. It's just an investment and nothing to do with the Qantas mainline operations.