See the Complete Picture.
Published loading...Updated

Qantas to Close Low-Cost Arm Jetstar Asia

  • Qantas announced on June 11, 2025, that it will close its Singapore-based budget airline Jetstar Asia by July 31, 2025.
  • The closure comes as Jetstar Asia faces increased expenses from suppliers, elevated airport charges, and tougher competition within the regional low-cost airline market.
  • Jetstar Asia will end its flights on 16 intra-Asia routes, while Qantas plans to redeploy 13 Airbus A320 aircraft to routes in Australia and New Zealand.
  • Qantas Group CEO Vanessa Hudson highlighted that supplier costs for Jetstar Asia have increased significantly, considerably impacting its cost structure, with the airline expected to report a A$35 million loss this year.
  • The closure will free A$500 million, enabling investment in a major fleet renewal, but will cause more than 500 job losses and disrupt regional low-cost services.
Insights by Ground AI
Does this summary seem wrong?

83 Articles

All
Left
15
Center
13
Right
12
Lean Left

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.

·Chiyoda, Japan
Read Full Article
Lean Right

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.

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 38% of the sources lean Left
38% Left
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Bloomberg broke the news in United States on Tuesday, June 10, 2025.
Sources are mostly out of (0)