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Qantas to Close Low-Cost Arm Jetstar Asia
- Qantas announced on June 11, 2025, it will close Jetstar Asia, its Singapore-based budget airline, ceasing operations on July 31.
- Qantas cited rising supplier costs up to 200%, higher airport fees, and increasing regional competition as reasons behind Jetstar Asia's closure.
- Jetstar Asia will terminate flights on 16 routes, including four exclusively operated from Singapore, and continue flying until the end of July.
- The airline anticipates a pre-tax loss of approximately A$35 million this financial year and plans to reduce its workforce by over 500 employees, providing them with severance packages and assistance in securing new roles within Qantas or its partner airlines.
- Qantas will redirect 13 Jetstar Asia aircraft to Australia and New Zealand and free A$500 million to invest in its most ambitious fleet renewal program to date.
86 Articles
86 Articles
Australia’s Qantas to close budget carrier JetStar Asia
Australian airline Qantas said Wednesday it will close its loss-making budget carrier Jetstar Asia, axing 500 Singapore-based jobs. Jetstar Asia and Qantas aeroplanes on the Singapore airport’s runway. Photo: Jeffry S.S./Pexels. The low-cost subsidiary will cease operations on July 31 as part of a “strategic restructure”, Qantas group chief executive Vanessa Hudson said. Qantas is “incredibly proud” of the Jetstar Asia team, Hudson said in a sta…
Australia's largest airline, Qantas, announced on the 11th that it will close its Singapore-based low-cost carrier subsidiary Jetstar Asia at the end of July.
The low-cost Australian company, but based in Singapore, JetStar Asia, will stop operating in the coming weeks. Founded in 2004, it can no longer face competition in the region and the costs of its suppliers.
Qantas closes Jetstar Asia to streamline operations
The Qantas Group is closing its intra-Asia airline, Jetstar Asia, to strengthen its core businesses in Australia and New Zealand amid growing challenges.In a statement, Vanessa Hudson, Qantas Group chief executive officer, said the closure of Jetstar Asia would free up about $500 million in capital, which will be reinvested into stronger-performing segments and strategic growth initiatives.Singapore-based Jetstar Asia will cease operations on Ju…
Jetstar Asia to close & ASX200 hits another record despite slowing global growth
SBS Finance Editor Ricardo Gonçalves speaks with Josh Gilbert to find out why the Australian sharemarket hit another record for a second day, despite slowing global growth, plus Rhayna Bosch takes a look at why Qantas is shutting down its Jetstar Asia unit with Ellis Taylor from Cirium.
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