Jetstar Asia reports first-ever profit in FY07 on “sublease” revenue
Jetstar Asia’s holding company, Orangestar Investments, belatedly reported its first net profit since it commenced services in late 2004. For the 12 months ended 31-Mar-08, Orangestar reported earnings of SGD4.5 million (USD3.0 million). [641 words]
Unlock the following content in this report:
- Moving to become more independent from Australian counterpart
- Seeing good response from corporate packages
- Ramps up presence on Singapore-KL route
Graphs and data:
- Jetstar Asia Network: 19-Jan-09
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