Sky High Ambitions: Southeast Asia's Budget Airlines Race for Expansion

Analysis: Southeast Asia's budget airlines bet on travel demand, despite competition woes

Qantas shut down Singapore-based Jetstar Asia due in part to higher costs Rivals like VietJet and AirAsia have big plane orders, expansion plans Airline margins in Asia are thinner than other regions —IATA SEOUL — Southeast Asia’s biggest budget airlines are pursuing a bruising capacity expansion race despite rising cost pressures that are squeezing profitability and led Qantas […] The post Analysis: Southeast Asia’s budget airlines bet on trave…

Jetstar Asia's closure highlights ASEAN's fierce LCC wars

JAKARTA/KUALA LUMPUR -- After operating for more than 20 years, Singapore-based budget airline Jetstar Asia announced its closure, citing increased co

‘I still can’t get over it’: Flight, cabin crew mull over new course after Jetstar Asia closure

Over 500 Singapore-based Jetstar Asia employees will be laid off when the airline closes. Read more at straitstimes.com.

Analysis-Southeast Asia’s budget airlines bet on travel demand, despite competition woes

By Lisa Barrington SEOUL (Reuters) -Southeast Asia’s biggest budget airlines are pursuing a bruising capacity expansion race despite rising cost pressures that are squeezing profitability and led Qantas Airways to shut down Singapore-based offshoot Jetstar Asia. Low-cost carriers have proliferated in Asia in the past two decades as disposable incomes rise, supported by robust travel demand from Chinese tourists. Demand for air travel in Asia is …

Sky High Ambitions: Southeast Asia's Budget Airlines Race for Expansion

Sky High Ambitions: Southeast Asia's Budget Airlines Race for Expansion In Southeast Asia, budget airlines are embroiled in an aggressive expansion race, even as soaring costs eat into their profits, prompting Qantas Airways to shut down its Singapore-based Jetstar Asia subsidiary. Despite the financial squeeze, the airlines are undeterred, drawing support from increasing disposable incomes and strong travel demand, particularly from Chinese tou…