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Jetstar Asia

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Jetstar Asia

Barathan Pasupathi, Chief Executive Officer
Barathan Pasupathi
Chief Executive Officer
Airline Status
In-service
IATA Code
3K
ICAO Code
JSA
Website
http://www.jetstar.com
Main hub
Singapore Changi Airport
Country
Singapore
Business model
Low Cost Carrier
Network
International
Airline Group
Part of Jetstar Group
Frequent Flyer Programme
Qantas Frequent Flyer
Association Membership
IAOPA
Codeshare Partners
Emirates Airline
Finnair
Jet Airways
Qantas Airways
SriLankan Airlines

Based in Singapore, Jetstar Asia is a low cost airline. Using the Qantas Group's Jetstar brand, Jetstar Asia has a network of services within Asia using A320 aircraft. Jetstar Asia/Valuair is 51% held by Westbrook Investments Pte Ltd (Westbrook) and 49% by Qantas. 

Location of Jetstar Asia main hub (Singapore Changi Airport)

LCCs will continue to evolve into hybrids of the original core model. CAPA and OAG consider Jetstar Asia fits the LCC profile and it is included in our reporting on this basis. Please note: when reporting for an airline is changed from or to LCC the historical data is not affected and it can lead to a distortion in the current reported data. Contact us if you have any queries.


 
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71 total articles

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Singapore Changi Airport: China visitor numbers reinvigorate passenger growth

21-Feb-2017 2:25 PM

Singapore recorded the fastest growth in four years in 2016, driven by a surge in visitor numbers from China. The China-Singapore market grew by 15%, while total traffic at Changi Airport grew by 6%.

Changi should experience similar growth in 2017 as the airport makes final preparations for the new fourth terminal, which is slated to open in 2H2017. Inbound traffic from China will again drive a large portion of the growth in 2017, but Changi is also expecting growth in the emerging LCC transit segment.

Scoot is Singapore’s fastest growing airline and is extending its network to Europe in 2017. Changi may also attract new European routes from other airlines, but regional capacity expansion within Asia will again drive most of the growth.

Jetstar Asia Part 2: The LCC's hiatus in fleet expansion persists in 2017; overcapacity concerns

14-Dec-2016 11:59 AM

This is the second half of an analysis report on Jetstar Asia. The first part examined the airline’s improved profitability and its focus on growing interline and codeshare traffic, which has boosted yields. This part will focus on expansion opportunities in secondary markets and Jetstar Asia’s decision to maintain capacity at current levels. 

Jetstar Asia’s fleet has been held steady at 18 A320s since early 2014, when it reduced its fleet by one aircraft and suspended fleet expansion in response to overcapacity in the Singapore short haul market. Jetstar Asia is continuing the hiatus in its fleet expansion in 2017 as it believes its home market still suffers from overcapacity.

Singapore's Jetstar Asia Part 1: record profitability achieved as interline, codeshare traffic grows

13-Dec-2016 10:57 AM

Jetstar Asia is focusing on further growing interline and codeshare traffic while maintaining a very disciplined approach to capacity expansion. The Singapore-based LCC has not grown its fleet over the last three years and again is planning not to add any aircraft in 2017.

Jetstar Asia is now enjoying its highest level of profitability in its 12-year history, despite extremely competitive market conditions. Cost controls, lower fuel prices and surging traffic from full service airline partners, which generate significantly higher average yields, have boosted Jetstar Asia’s outlook.

However, Jetstar Asia is still not yet ready to commit to expansion, recognising that Singapore’s short haul market still suffers from overcapacity. The overcapacity situation could worsen in 2017, as other LCCs expand rapidly. Jetstar Asia is seeking to reduce its exposure to competing with LCCs further in the point-to-point market by attracting even more traffic from full service partners.

Tigerair Singapore prepares to resume expansion in late 2017 and 2018; feeding Scoot will be crucial

12-Jul-2016 3:31 PM

Singapore Airlines (SIA) short haul LCC subsidiary Tigerair is planning to resume expansion in 2H2017, ending a three-year hiatus from growth. The resumption of fleet and capacity expansion is made possible by the completion of a turnaround effort.

Tigerair Singapore is now back in the black after more than two years of losses driven by overcapacity. Market conditions in Singapore have improved, and a virtual merger with Scoot is starting to open up new opportunities for expansion since Scoot needs Tigerair to feed its fast-growing medium/long haul operation.

Tigerair currently operates 23 A320 family aircraft, having reduced its fleet from a high of 27 aircraft in 2014. The LCC is now planning to add six A320s in 2017 and 2018, resulting in a new all-time high of 29 aircraft. Tigerair, which became 100% SIA owned in early 2016, also has 39 A320neos on order that will be used for a combination of fleet renewal and growth over the next decade.

Emirates, boosted by Jetstar Asia, will become the largest foreign full service airline in Singapore

5-Nov-2015 3:16 PM

Emirates is poised to overtake Cathay Pacific as the largest foreign full service airline in the Singapore market from early 2016 as it upgauges two of its seven daily Singapore flights to the A380. Emirates will have almost 42,000 weekly seats in Singapore in Mar-2016, a 12% increase over its current capacity and a 29% increase compared to Mar-2014.

Emirates has been a key contributor to growth in Singapore over the last two years during an otherwise very slow period for Changi Airport. The expansion would not have been possible without a new and fast growing partnership with Singapore-based LCC Jetstar Asia.

Jetstar Asia has enabled Emirates to use Singapore as a regional hub for Southeast Asia. Emirates already had hub status at Singapore with three fifth freedom destinations along with four daily non-stop flights from its main hub in Dubai.

Singapore LCCs part 3: Jetstar Asia increases focus on interline traffic and secondary destinations

3-Nov-2015 7:13 PM

Jetstar Asia is looking for opportunities to further boost yields and expand its network while continuing to refrain from fleet growth. The Singapore based LCC returned to the black in the fiscal year ending 30-Jun-2015 (FY2015) after enduring the most challenging year in its history in FY2014 due to overcapacity and sharp yield declines in its home market.

Jetstar Asia suspended fleet growth in early CY2014 and has since maintained a fleet of 18 A320s. But the carrier has been able to grow ASKs by improving utilisation, enabling it to add capacity in markets that have strong feed from interline or codeshare partners.

Unit revenues have been on the rise over the last several months and Jetstar Asia could see further yield improvements as it adds more new partners and expands existing partnerships. The carrier is also adding in late 2015 three secondary regional routes which are not served by any other LCCs as it tries to reduce its reliance on markets that are still suffering from overcapacity and irrational competition.

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CAPA Membership gives you the latest aviation news and alerts, access to CAPA articles, reports, and our leading aviation data with optional premium add-ons.

This content is exclusively for CAPA Membership Subscribers

CAPA Membership gives you the latest aviation news and alerts, access to CAPA articles, reports, and our leading aviation data with optional premium add-ons.

This content is exclusively for CAPA Membership Subscribers

CAPA Membership gives you the latest aviation news and alerts, access to CAPA articles, reports, and our leading aviation data with optional premium add-ons.

This content is exclusively for CAPA Membership Subscribers

CAPA Membership gives you the latest aviation news and alerts, access to CAPA articles, reports, and our leading aviation data with optional premium add-ons.

This content is exclusively for CAPA Membership Subscribers

CAPA Membership gives you the latest aviation news and alerts, access to CAPA articles, reports, and our leading aviation data with optional premium add-ons.

This content is exclusively for CAPA Membership Subscribers

CAPA Membership gives you the latest aviation news and alerts, access to CAPA articles, reports, and our leading aviation data with optional premium add-ons.

This content is exclusively for CAPA Membership Subscribers

CAPA Membership gives you the latest aviation news and alerts, access to CAPA articles, reports, and our leading aviation data with optional premium add-ons.

This content is exclusively for CAPA Membership Subscribers

CAPA Membership gives you the latest aviation news and alerts, access to CAPA articles, reports, and our leading aviation data with optional premium add-ons.

This content is exclusively for CAPA Membership Subscribers

CAPA Membership gives you the latest aviation news and alerts, access to CAPA articles, reports, and our leading aviation data with optional premium add-ons.