Qantas Ups Stakes in Jetstar Asia, Valuair

10:13 PM ET Wed, 1 April 2009

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.