A Jetstar Asia aircraft. (Photo: iStock)
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Australia's Qantas said on Wednesday (Jun 11) it will close Jetstar Asia, the group's Singapore-based budget airline, as it reels with rising supplier costs, higher airport fees and intensifying competition among low-cost carriers.
The airline will cease operations on Jul 31 and will continue flights for the next seven weeks.
It added that Jetstar Asia customers with existing bookings on cancelled flights will be offered full refunds, and that the Qantas Group will look to reaccommodate customers onto other airlines where possible.
A Jetstar Asia spokesperson told CNA that more than 500 people will be laid off as a result of the airline's closure.
