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Orange Star (Chinese: 橘星) is an airline holding company that was formed on 24 July 2005, when Jetstar Asia Airways and Valuair announced their merger in the light of growing competition from other low-cost carriers, price wars and rising fuel costs.[1] Jetstar Asia Chief Executive Officer (CEO) Chong Phit Lian became the CEO of Orange Star. Jetstar Asia employs the Navitaire system, while Valuair uses a Sabre platform. The new company will have a nine-member board, with Qantas CEO Geoff Dixon slated to be chairman.

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Like constituent air carriers Jetstar Asia and Valuair, Orange Star is based in Singapore at Singapore Changi Airport.

Qantas is reported to have invested around $30 million (US$18 million) in the venture, and will take a 44.5 per cent stake in Orange Star. Other shareholders will include Temasek Holdings, Tony Chew with 22% in Jetstar Asia and FF Wong with 10% in Jetstar Asia, Singapore Exchange-listed Asiatravel.com and Star Cruises. The latter is a major investor in Valuair.

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