Two Blokes

Qantas to close low-cost arm Jetstar Asia and cycle $326.4 million of capital

  • click to rate
    Posted by Two Blokes Jun 11 - Filed in Stock - 6 views
    Australia's Qantas said on Wednesday it will close Jetstar Asia, the group's Singapore-based budget airline, as it reels with rising supplier costs, higher airport fees and intensifying competition among low-cost carriers.