Jetstar Asia ceasing operations: More than 500 employees to be retrenched
Singapore-based budget airline Jetstar Asia will cease operations from Jul 31. Its parent company Qantas cites increasing costs and competition among the reasons for the exit. More than 500 employees, from corporate staff to cabin crew, will be let go. Most are Singaporeans or Permanent Residents. Analysts also expect air ticket prices to go up in the next few weeks, as affected passengers search for other options. Chen Chuanren, Regional Editor of Air Transport World at Aviation Week Network, discusses the announcement. He talks about factors that led to Jetstar Asia's closure and how other budget airlines can capitalise on the routes they will leave behind.
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The Great Room CEO Jaelle Ang to exit company: Key business lessons from the 'pocket rocket' entrepreneur
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Ang made two critical decisions that shifted her internal narrative at the time: The first was to concede to not having all the answers and the second, was deciding that she was, in fact, the best captain to steer the ship through the storm. 'Whatever inadequacy or [skills] gap there might be, instead of resisting and being reluctant, get good. Go figure it out. Because the team and the company is only going to be as good as the CEO,' she said. Indeed, she got so good that retirement may be imminent following the acquisition. While she's reticent to confirm nor deny the rumours, what's next for Ang and her self-professed Type A personality?
CNA
an hour ago
- CNA
US sees no immediate reason to ground Boeing 787 after Air India crash
WASHINGTON: US officials said on Thursday (Jun 12) they have not seen any immediate safety data that would require halting Boeing 787 flights after a fatal Air India accident killed over 240 people. Transportation Secretary Sean Duffy and Acting Federal Aviation Administration head Chris Rocheleau made the comments at a news conference and said they had seen videos of the crash in India. Duffy said he had spoken to National Transportation Safety Board Chair Jennifer Homendy. An NTSB and FAA team, with support from Boeing and engine manufacturer GE Aerospace, was going to India, Duffy said. "They have to get on the ground and take a look. But again right now it'd be way too premature," Duffy said. "People are looking at videos and trying to assess what happened, which is never a strong, smart way to make decisions on what took place." Duffy said the FAA was reviewing information with Boeing and GE as part of the investigation into the crash. Duffy also emphasised the US government "will not hesitate to implement any safety recommendations that may arise. We will follow the facts and put safety first". Rocheleau said, "As we proceed down this road with the investigation itself, if there's any information that becomes available to us regarding any risk, we will mitigate those risks." Duffy said the FAA is "prepared to send additional resources to get the data we need to ensure the safety of the flying public".
