Singapore, Jetstar Asia
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Qantas blamed rising costs, high airport fees, and stiff competition in Asia for closing the Singapore-based budget airline after more than 20 years.
The Ah Ma Flippa Ball team (ah ma means grandmother) is one example of how Singapore is encouraging its growing population of seniors to stay active.
The Jetstar Asia aircraft will boost the Qantas Group’s operations in Australia and New Zealand in multiple ways. Some of the A320s will be used for capacity growth, some will replace leased narrowbodies, and others will be used for fleet renewal in the group’s regional operation in Western Australia.
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.
What began with Terra and 3AC ends in the Monetary Authority of Singapore's final crackdown on regulatory arbitrage.
While most of the airline’s routes face strong competition, four will be left without nonstop service. According to OAG Schedules Analyser data, these unserved routes are to: Broome, Australia; Labuan Bajo, Indonesia; Okinawa, Japan; and Wuxi, China.
Whether Southeast Asia becomes a leading hub or a supporting node will depend on the decisions governments and enterprises make in the next two to three years.
It is important to recognise that the tariffs have yet to impact the US economy meaningfully and significant challenges remain heading into the second half of the year.