Qantas Shuts Down Jetstar Asia Amid Rising Costs and Competition
Qantas is closing Jetstar Asia to cut costs and invest $500 million in fleet renewal, offering refunds and support to affected passengers and employees.
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Overview
- Qantas is shutting down its budget airline Jetstar Asia due to rising supplier costs and increased competition in the region.
- The closure aims to free up $500 million for fleet renewal investments.
- Passengers with existing bookings on cancelled flights will receive full refunds or alternative travel options.
- Qantas will provide redundancy benefits and support to all employees impacted by the closure.
- The decision reflects Qantas's strategy to streamline operations in a challenging market environment.
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FAQ
The main reasons for the closure of Jetstar Asia include steep increases in supplier costs, rising airport charges, and intensified low-cost competition across the region.
Passengers with existing bookings on cancelled flights will receive full refunds or alternative travel options.
The final day of service for Jetstar Asia is July 31, 2025.
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