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Why Is Qantas Closing Jetstar Asia and Redeploying $500M in Aircraft?
9:24am on Wednesday 11th of June, 2025 AEST
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Why Is Qantas Closing Jetstar Asia and Redeploying $500M in Aircraft?
9:24am on Wednesday 11th of June, 2025 AEST
Key Points
Jetstar Asia closure to unlock $500 million capital for fleet renewal
13 Airbus A320 aircraft redeployed to Australia and New Zealand
Jetstar Asia posts $35 million EBIT loss in FY25 before closure
Closure affects 16 intra-Asia routes; no impact on Jetstar Airways or Jetstar Japan
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Qantas Airways (ASX:QAN)
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