Loading
21-Feb-2011 11:14 AM

Jetstar key to Qantas' Asia strategy

Qantas stated it plans to expand further into the high-growth Asian region, and CEO Alan Joyce confirmed Jetstar will be the main driver of the group’s push into the region (The Nation, 19-Feb-2011). Jetstar is Australia’s second-most profitable airline behind Qantas. Jetstar Asia, the group’s Singapore-based subsidiary, contributed a record profit to Jetstar’s result.

Qantas: "In Asia, to which Australia's future is clearly tied, the group is looking for growth opportunities via Jetstar's aggressive pan-Asian growth as well as options for Qantas to capitalise on the growing demand for premium travel in the region," Alan Joyce, CEO. Source: The Nation, 19-Feb-2011.

Want More News 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