Jetstar Asia Airways
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| Jetstar Asia Airways | ||
|---|---|---|
| Image:Jetstar logo.png | ||
| IATA 3K | ICAO JSA | Callsign JETSTAR ASIA |
| Founded | 2004 | |
| Hubs | Singapore Changi Airport | |
| Fleet size | 5 | |
| Destinations | 10 | |
| Parent company | Orange Star | |
| Headquarters | Singapore | |
| Key people | Chong Phit Lian (CEO) | |
| Website: http://www.jetstar.com | ||
Jetstar Asia Airways Private Limited (Chinese: 捷星亚洲航空公司; Thai: เจ็ทสตาร์เอเชีย) is a low-cost airline based in Singapore. It is the Asian offshoot of Qantas' Jetstar Airways. It operates services to regional destinations. Its main base is Singapore Changi Airport.[1]
The airline anticipates profitability in 2009, although there were indications that this may happen earlier due to better performance in 2007.[2]
Contents |
[edit] History
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The airline got off the ground with the blessings of Qantas with a 49% stake in the airline, with the other stakes held by the Singapore government's Temasek Holdings (Private) Limited (19%) and two prominent Singaporean businessmen, Tony Chew (22%) and FF Wong (10%). It received its air operator's certificate from the Singapore government on 19 November 2004.[3]
Due to its belated entry into the market, the airline intended to differentiate itself from its competitors by flying further anywhere within a five-hour radius from Singapore. On 25 November 2004, the airline announced seven routes to Shanghai, Hong Kong, Taipei, Pattaya, Jakarta, Surabaya and Manila, the most ambitious start-up plan compared to any of its Asian rivals, which would have given it the widest international coverage.
Online ticketing commenced at 0800 hours (8GMT) on December 7 2004, a day after the first three routings and their promotional prices were announced, namely S$48 (HK$228) to Hong Kong, S$88 (NT1788) to Taipei and S$28 (Bht725) to Pattaya on a one-way ticket for all seats in the first week of operations as each routing is launched.
Despite facing a difficult market, Jetstar Asia said it will take delivery of a fifth aircraft in 2005, and is seeking approval for new routes. Jetstar planned to lease the aircraft from Atlasjet Airways, but the plane has been withdrawn from the lease arrangement. Discussions are also being held with Qantas to source additional aircraft. The budget carrier is seeking approval from Cambodian authorities to fly to Phnom Penh and Siem Reap.
On 19 September 2005 it was announced that Jetstar Asia will fly four times weekly to Phuket commencing on October 25 2005. Jetstar Asia service 3K 517 will depart from Changi Airport at 7:05am arriving in Phuket at 7:45am every Tuesday, Friday, Saturday and Sunday. The return leg will depart Phuket at 8:45am, arriving in Singapore at 11:25am.
On 2 December 2005 Jetstar Asia announced that its CEO of 8 months, Ken Ryan, is stepping down to return to Australia. Mr Ryan will take on a new management role at Orange Star's majority shareholder Qantas, and has been replaced at the helm by Neil Thompson. On 9 February 2006 Jetstar Asia appointed Singaporean Chong Phit Lian as the airline's new chief executive officer, replacing interim CEO Neil Thompson.
On 26 July 2006, Jetstar Asia and Jetstar will be re-positioned as one single brand "JETSTAR". It also announced the launch of Jetstar's long-haul international operations to 6 destinations in South East Asia, Japan and the Pacific after the re-positioned as a single brand.[citation needed]
[edit] Jetstar Asia-Valuair Merger
Jetstar Asia and Valuair merged on the 24 July 2005, in the first major consolidation of Southeast Asia's crowded low-cost airline industry. Jetstar Asia and Valuair said they would continue to operate their normal routes under their own brands in the meantime, with little or no change to the service offered by either airline. Qantas chief executive officer and Jetstar Asia chairman Geoff Dixon chairs the new company. Jetstar Asia chief executive officer Ken Ryan has been appointed as the chief executive of both airlines. The new company is to expect a cash injection of around more than 50 million Singapore dollars in fresh capital into the new entity, largely to be provided by Qantas. Shareholders of Valuair, including airline industry veteran Lim Chin Beng, Malaysia's Star Cruises and Asiatravel.com, have now become minority shareholders in the merged company, Orange Star. Qantas owns 42.5% of airlines after the merger.
[edit] Destinations
[edit] Fleet
As of March 2007 the Jetstar Asia Airways fleet includes the following aircraft:
| Aircraft | Total | Passengers | Routes | Notes |
|---|---|---|---|---|
| Airbus A320-232 | 5 | 177 - 180 | Short haul |
[edit] References
- ^ "Directory: World Airlines", Flight International, 2007-04-03, p. 98.
- ^ Jetstar set to fly into the black. Channel Newsasia. MediaCorp News Pte Ltd. (2007-04-11).
- ^ AirAsia In The Press, 25 July 2005
[edit] External links
Airlines of Singapore | |
|---|---|
Jetstar Asia Airways • Jett8 Airlines Cargo • MY Air Cargo • SilkAir • Singapore Airlines • Singapore Airlines Cargo • Tiger Airways • Valuair | Image:Flag of Singapore.svg |
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id:Jetstar Asia Airways nl:Jetstar Asia Airways ja:ジェットスター・アジア航空 pl:Jetstar Asia th:เจ็ทสตาร์เอเชีย vi:Jetstar Asia Airways zh:捷星亞洲航空
Categories: Articles needing additional references from August 2007 | Articles lacking sources from August 2007 | All articles lacking sources | All articles with unsourced statements | Articles with unsourced statements since February 2007 | Airlines of Singapore | Low-cost airlines | Qantas | Airlines established in 2004
