Jetstar Airways Pty Ltd, trading as Jetstar, is an Australian low-cost airline (self-described as "value based") headquartered in Melbourne, Australia. 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 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.
The airline was established by Qantas in 2003 as a low-cost domestic subsidiary. Qantas had previously acquired Impulse Airlines on 20 November 2001 and operated it under the QantasLink brand, but following the decision to launch a low-cost carrier, re-launched the airline under the Jetstar brand. Domestic passenger services began on 25 May 2004, soon after the sale of tickets for her inaugural flight in February 2004. International services to Christchurch, New Zealand, commenced on 1 December 2005. Although owned by Qantas, its management operates largely independent of Qantas through the company formerly known as Impulse Airlines.
"Jet" is a song by Paul McCartney and Wings from their album Band on the Run. Supposedly written about a puppy that McCartney owned, the song was the first British and American single to be released from the album. The song peaked at number 7 in both the British and American charts on 30 March 1974, also charting in multiple countries in Europe. It has been released on numerous compilation albums, and has since become one of the band's most well-known tracks.
Along with "Helen Wheels" and "Junior's Farm", "Jet" is another McCartney song where his primary inspiration for composing the song arose in daily life.
Reviewers have reported that the subject of the song is McCartney's Labrador Retriever dog named "Jet". McCartney has also substantiated this claim.
However, in a 2010 interview on the UK television channel ITV1 for the program Wings: Band on the Run (to promote the November 2010 CD/DVD re-release of the album) McCartney explained that Jet was the name of a pony he had owned, although many of the lyrics bore little relation to the subject; indeed, the true meaning of the lyrics has defied all attempts at decryption.
J.C. Penney (NYSE. JCP) announced Thursday it is selling three corporate jets and expects to receive $20 million in cash from the sale in the second quarter. The Plano-based retailer stands to lose $50 million from the sale, but offloading the aircraft will reduce its annual operating expenses between $5 to $10 million, according to a recent filing ... ....