Jetstar CEO Bruce Buchanan stated demand has held up well despite natural disasters in key markets, including Australia, New Zealand and Japan (The Dominion Post, 18-Mar-2011). The LCC has been monitoring demand and could compensate for any reduction by either reducing service or slowing growth. The airline was continuing to fly its full schedule to Japan. Mr Buchanan remained confident about the Southeast Asian market, which has grown by at least 40% a year for the past two years, with similar growth expected this year.
18-Mar-2011 10:30 AM