Qantas to shut down Jetstar Asia amid rising costs and competition
TL;DR Summary
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.
- Qantas to close low-cost arm Jetstar Asia CNN
- Australia's Qantas to close budget airline Jetstar Asia BBC
- Qantas shutters Singapore-based Jetstar Asia on rising costs, competition Reuters
- Qantas Closes Asian Carrier as Aviation Shake-Up Continues WSJ
- QANTAS GROUP TO CLOSE ITS INTRA-ASIA AIRLINE JETSTAR ASIA Qantas News Room
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