This is an investigation of the gas holdup and the volumetric mass transfer coefficient of a plunging water jet in an air-water system. We sound kLa to be directly proportional to gas holdup in two regions. For the first time, this has been clarified in the plunging liquid jet system. The volumetric mass transfer coefficient and the gas holdup have been well correlated in terms of the Froude number, liquid jet length, nozzle diameter and vessel diameter.