AirAsia X eyes 2011 IPO, Jetstar launching Singapore-Melbourne and Singapore-Auckland A330 services

Competition in Asia Pacific long-haul low cost markets continues to intensify, with AirAsia X confirming it is considering a public listing in the second half of 2011, subject to market conditions, while at the same time releasing return fares from Australia to London for less than AUD250 inclusive. Jetstar has responded with plans to launch A330-200 services from Singapore to Melbourne and Auckland, with one-way special Melbourne-Singapore fares from AUD99 one way, which it claims are the lowest ever offered in the market.