Australia’s Qantas to Close Asia-Based Budget Carrier
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 10 2025
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Should l Buy ?
Source: WSJ
Closure of Jetstar Asia: Qantas Airways will shut down its Singapore-based budget airline, Jetstar Asia, by the end of next month due to heightened competition and rising supplier costs.
Impact on Routes: The closure will result in the discontinuation of 16 routes operating in and out of Singapore, while Qantas's Australia-based Jetstar will remain unaffected.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
