Original article by Robyn Ironside
The Australian – Page: 13 & 17 : 12-Jun-25
Qantas has advised that 500 employees at its Singapore-based Jetstar Asia subsidiary will be retrenched when the carrier ceases operations at the end of July. Jetstar CEO Stephanie Tully has indicated that Jetstar Asia is like to book a loss of $35m for the 2025 fiscal year, and it has been profitable in just six of the 20 years since it was established. She adds that other airlines that fly under the Jetstar banner are profitable. Jetstar Asia’s fleet of 13 Airbus A320s will be redeployed on Australian routes operated by Jetstar and Network Aviation; the latter provides ‘fly-in, fly-out’ services in Western Australia.
CORPORATES
QANTAS AIRWAYS LIMITED – ASX QAN, JETSTAR AIRLINES PTY LTD, JETSTAR ASIA