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Jetstar Asia Says 'Really High Cost Increases' in Singapore Affected Business

  • On June 11, 2025, Qantas Airways announced it will cease operations of its budget carrier Jetstar Asia, headquartered in Singapore, with all flights ending by July 31.
  • Qantas attributed the closure of Jetstar Asia to increasing expenses from suppliers, elevated airport charges, and intense competition within the regional market.
  • Jetstar Asia, which served 16 routes from Singapore’s Changi Airport, will be shut down, and its 13 Airbus A320 aircraft will be reassigned to operations in Australia and New Zealand.
  • Qantas expects the closure to release up to A$500 million for reinvestment in core businesses but will incur a one-off financial hit of approximately A$175 million.
  • The shutdown will result in up to 500 job losses in Singapore, while Qantas and Singapore authorities work to support affected employees with redundancy benefits and new employment opportunities.
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fool.com.au broke the news in on Wednesday, June 11, 2025.
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