Latest news with #JetStarAsia
Bloomberg
2 days ago
- Business
- Bloomberg
Qantas to Close Jetstar Asia, Freeing Up Capital for New Fleet
Qantas Airways Ltd. said low-cost subsidiary JetStar Asia will close next month, freeing up as much as A$500 million ($327 million) in capital to fund the group's fleet renewal program. Singapore-based JetStar Asia, which is 49% owned by Qantas, is expected to post a A$35 million underlying operating loss this financial year in the face of intensifying competition and rising costs, Qantas said Wednesday. Thirteen Jetstar Asia Airbus A320 aircraft will be redeployed to Australia and New Zealand.
Yahoo
27-03-2025
- Yahoo
Lizard people: Singapore airline opens new route to Komodo dragons
Getting a close look at the world's biggest lizard has been made easier with the launching of a first direct flight from Singapore to the gateway airport to Komodo, the Indonesian island where the fearsome eponymous carnivores live. Budget carrier JetStar Asia's first flight from the city-state's airport, one of the biggest and busiest in the world, lifted off on March 20 for Labuan Bajo on Flores, an Indonesian island sitting about halfway between Bali and Indonesia's neighbour East Timor. The Singapore-based airline is operating return flights twice a week, on Thursdays and Sundays, promising what it said would be "an affordable option for travellers looking to explore the island of Flores, the gateway to Komodo National Park and one of Indonesia's most picturesque coastal regions." "With this direct flight, we are optimistic about increased tourism and economic opportunities for the local community, particularly in the hospitality and business sectors," said Fransiskus Teguh, the acting president director of the Labuan Bajo Flores Tourism Authority (BPOLBF). The route means a "convenient travel option for those looking to explore more of Indonesia," according to JetStat Asia chief executive John Simeone. The opening of the route follows AirAsia last year starting direct flights from Kuala Lumpur, Malaysia's biggest city, to Labuan Bajo. With around three-quarter of the country's foreign visitor arrivals landing at Bali or Jakarta, and Indonesia's government has been encouraging airlines to open new routes connecting cities across the archipelago to each other and to major airports abroad to encourage more visitors. Etihad earlier this month launched a direct route from Abu Dhabi to Medan, a city in the north of Sumatra and a gateway to Toba, the world's biggest volcanic lake. A so-called supervolcano, Toba's crater is 50 kilometres by 15, the legacy of an eruption so colossal it likely caused several years of worldwide winter. The addition of the JetStar Labuan Bajo route means there are direct flights from Changi Airport in Singapore to 13 cities in Indonesia, a 13,000-island archipelago that spans a distance exceeding the width of Canada. But for visitors to Komodo, a word of caution: the lizards are capable of killing an adult buffalo or wild boar with to their powerful bacteria-laden jaws and razor-sharp teeth, and larger specimens have been captured on video swallowing monkeys, goats and deer whole.
