Airbus Updates No.392

QANTAS DEFER DELIVERIES OF AIRBUS A380'S AND SET UP NEW ASIA CARRIER

FOLLOWING FROM THE PRESS RELEASE

Launch of Jetstar Japan by late-2012, initially with 3 A320, and increase to up to 24 at later date. New airline to base in Tokyo Narita but also fly out of Osaka Kansai. Initial Domestic service to Sapporo, Sendai, Nagoya, Kobe/Kyoto, Hiroshima, Fukuoka, Kagoshima and Okinawa. The new airline will be jointly invested by JAL and Mitsubishi Corporation

Launch of New un-named Premium Carrier based in Asia, tapping Chinese market. Initially with 11 A320 aircraft with Premium Product

12 Airbus A380 in service by late-2011. Remaining 6 A380 deliveries is postponed until FY2019