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Jetstar Asia ceasing operations: More than 500 employees to be retrenched
Jetstar Asia ceasing operations: More than 500 employees to be retrenched

CNA

time11-06-2025

  • Business
  • CNA

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.

Construction of Changi Airport Terminal 5 begins, slated to open mid-2030s
Construction of Changi Airport Terminal 5 begins, slated to open mid-2030s

CNA

time14-05-2025

  • Business
  • CNA

Construction of Changi Airport Terminal 5 begins, slated to open mid-2030s

Changi Airport's Terminal 5 will be able to handle about 50 million passengers a year when it opens in the mid-2030s. This is more than half of the current capacity of the existing four terminals. T5 will be built in phases as travel demand grows, with the Asia-Pacific region set to be one of the fastest-developing air travel markets. Prime Minister Lawrence Wong says T5 will bring opportunities to Singaporeans, including local businesses. Chen Chuanren, Regional Editor of Air Transport World at the Aviation Week Network, talks about how T5 can turbocharge Singapore's airhub status and how Changi Airport compares to other airports in the region.

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