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Qantas to shut down Jetstar Asia amid rising costs and competition

1 min read
Source: CNN
Qantas to shut down Jetstar Asia amid rising costs and competition
Photo: CNN
TL;DR

Qantas is shutting down its Singapore-based budget airline Jetstar Asia due to rising costs and fierce regional competition, reallocating 13 aircraft to Australia and New Zealand to fund its fleet renewal program, with the airline ceasing operations on July 31.

Topics:top-newsbusiness#airline-closure#business#competition#costs#jetstar-asia#qantas
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  1. Qantas to close low-cost arm Jetstar Asia  CNN
  2. Australia's Qantas to close budget airline Jetstar Asia  BBC
  3. Qantas shutters Singapore-based Jetstar Asia on rising costs, competition  Reuters
  4. Qantas Closes Asian Carrier as Aviation Shake-Up Continues  WSJ
  5. QANTAS GROUP TO CLOSE ITS INTRA-ASIA AIRLINE JETSTAR ASIA  Qantas News Room

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