My Account Menu

CAPA Login

Register to trial CAPA Membership!

Jetstar looking long-haul again, but AirAsia one step (and two destinations) ahead with Paris Orly


Stocks in Australia jumped to a one-year high yesterday, following the unexpected fall in unemployment levels, leading the ASX to rise 72.90 points (1.6%). Shares of Virgin Blue Holdings advanced 8.5%, while Qantas gained 2.1%.

Jetstar is reportedly again considering opening a Southeast Asian base to facilitate its planned long-haul expansion into Europe. CEO, Bruce Buchanan identified Thailand, Singapore and Malaysia as possible locations for the base.  

Next stop for AirAsia X: Paris Orly

AirAsia X is quickly taking the game away from Jetstar. The Malaysian-based long-haul LCC has been granted landing rights at Paris Orly Airport. Paris will be AirAsia X's second destination in Europe, after London Stansted. AirAsia’s shares gained 0.7% yesterday.

Global capacity increases in Oct-2009; intra Asia capacity up 7%

OAG meanwhile stated global airline capacity increased 1.0% year-on-year growth in Oct-2009, to 300 million seats worldwide, down slightly from the 1.4% growth in Sep-2009, with frequency remaining marginally down (-1%).

OAG added that intra-Asia capacity is up 7% in the month (with frequency up 6%), with capacity to/from Asia down 1.9% year-on-year. Within the Middle East, capacity was up 20%, with capacity to/from the Middle East increasing 11% year-on-year.

Asia Pacific selected airlines daily share price movements (% change): 08-Oct-09


Want more analysis like this? CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find out more and take a free trial.