Jetstar Asia said earlier this week that it will stop operating on July 31, resulting in the loss of some 500 jobs but freeing up as much as A$500 million in capital to fund Qantas’s fleet renewal program. Rising operational costs across the business, including higher fees imposed by Singapore’s Changi Airport, weakened Jetstar Asia’s ability to offer low fares while reaping a profit.
Singapore Airlines and its budget carrier Scoot will launch new routes and increase existing flight frequencies beginning in August, a spokesperson said, filling gaps left by the exit of Qantas Airways’s Jetstar Asia.
Scoot will start flights to Okinawa in Japan as well as Medan and Labuan Bajo in Indonesia from October. Between Scoot and Singapore Airlines (SGX:C6L
) , the group will also ramp up the number of weekly services to nine other destinations across Malaysia, Thailand, Sri Lanka, Indonesia and the Philippines through the 2025 northern winter season, subject to regulatory approval.
