Who owns jetstar asia

The airlines sticks to its motto of serving the customers by providing value based services, low air fare and other facilities on-board. Jetstar Asia was founded in the year and is managed by Newstar Holdings. Safety has always been priority of Jetstar Asia, which has transferred millions of passengers from one place to another without any hassle.

Making travelling fun, selected Jetstar aircrafts have in-flight entertainment that includes TV shows, videos, popular games and songs. Covering more than 14 countries, Jetstar Asia has earned several accolades over the years. Online booking, web check-in services, cheap air tickets and schedule services between the destinations have helped Jetstar Asia Flights win hearts of millions of passengers across the globe.

Jetstar Airways. Kuwait Airways. British Airways. United Airlines. On 16 April , Jetstar Asia announced that it had reported a profit ahead of schedule, and ahead of local rival Tiger Airways. The airline's CEO attributes its success to better brand awareness as well as an increased utilisation of aircraft, growing revenue and a broadening of the earning base.

Jetstar Asia and Valuair , another Singapore-based airline, merged on 24 July , in the first major consolidation of South-east Asia's crowded and competitive low-cost airline industry. The airlines released a joint statement saying 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. The new company was due to receive a cash injection of more than 50 million Singapore dollars in fresh capital into the new entity, largely to be provided by Qantas.

Qantas owns On October , following the Indonesian Government lifting operational restrictions on foreign owned low cost carriers into Indonesia. Valuair was dissolved and its flights were taken over by Jetstar Asia on 26 October Valuair was the first low-cost airline to begin operations in Singapore, although some do not consider it as such by other definitions.

Launching its first flight on May 5, , it was funded by local businessmen, and had the expertise of an ex-Singapore Airlines employee as its chief executive. Valuair sought to differentiate itself from its competitors such as then-rival Jetstar Asia and Tiger Airways by offering free hot meals, wider legroom and assigned seating, and marketed itself as a low-fare airline. The airline flew beyond the traditional five-hour radius typical of low-cost carriers and flew to destinations like Perth , Xiamen and Chengdu.

The airline even had ambitious plans flying to Australia's East Coast and Northeast Asia using wide-body aircraft. In its plans, a Business Class and cargo operations was even thought of.

However, rising fuel prices, along with lack of financial backing and the deep pockets of Qantas ' Jetstar Asia and Singapore Airlines -backed Tiger Airways finally forced the airline to concede defeat in the highly-competitive local scene. On 24 July , the carrier announced plans to merge with Jetstar Asia.

Both Jetstar Asia, a Qantas-backed airline, and Valuair were planning to operate their respective routes normally for the foreseeable future.

The announcement came after several weeks of speculation about consolidation within Southeast Asia's low-cost airline industry. In December the airline announced that CEO Chong Phit Lian was to step down from 1 February after leading the airline for six years, to pursue opportunities outside the aviation sector.

Newstar Holdings is the holding company that operates and manages Jetstar in Singapore. Jetstar Asia Airways has codeshare agreements with the following airlines: [11]. In addition to the above codeshare arrangements, Jetstar Asia also has interline arrangements with the following airlines:.

The Jetstar Asia Airways fleet consists of the following aircraft as of August : [13]. Jetstar Asia aircraft feature leather seats with a seat pitch of 30 inches and passengers may purchase online seat selection and allocation. On selected Jetstar Asia flights, passengers may pre-purchase and select their meals online. Main article: Jetstar Asia Airways destinations.

Travel Weekly Australia. Retrieved 25 August Archived from the original on 21 April Qantas Airways Limited. Retrieved 27 August Flight International. Jetstar Airways. Retrieved 19 December