Singapore-based budget carrier, Jetstar Asia, will permanently cease operations on July 31, 2025. The budget airline, under the Qantas Group, has served the region for more than two decades since its inception in 2004. As a result, the closure will affect 16 routes in Asia from Singapore Changi Airport, and lead to more than 500 job losses. Meanwhile, a progressive reduction it its flight schedule will begin over the coming weeks. Shareholders cited ongoing financial struggles amid a challenging operating environment after an extensive review. Here’s what we know about Jetstar Asia Singapore closure.
Why is Jetstar Asia closing after 2 decades?
The primary reason behind the Jetstar Asia closure is steep increases in supplier costs. In fact, some are rising as much as 200%. Additionally, the group have been dealing with higher airport fees and intensifying competition from other low-cost carriers in Asia, such as Scoot and AirAsia. Overall, these pressures have made it difficult for Jetstar to sustain its low-fare business model and deliver returns comparable to Qantas Group’s core markets in New Zealand and Australia.
Unfortunately, Jetstar Asia is expected to have an EBIT loss of $35 million USD for the current financial year—highlighting the unstainable nature of its operations in the current market. Although, the Qantas Group emphasized that this closure will allow reallocation up to $500 million USD in capital towards its ambitious fleet renewal programme, supporting job creation, and strengthen its core businesses in Australia and New Zealand.
Plus, employees are expected to receive redundancy benefits and employment support services.
What happens to my upcoming flight?
Flights will continue for the next seven weeks. Customers with existing bookings on affected Jetstar Asia flights will be offered full refunds or alternative arrangements where possible.
Importantly, this closure only impacts the airline’s intra-Asia operations. These are mainly Jetstar Asia 3k routes connecting Singapore with destinations across Southeast and East Asia. Jetstar Airways services from Australia and New Zealand to Southeast Asia, and Japan will continue as normal.
Here’s a list of the 3k flight code routes to be discontinued:
- Singapore to Kuala Lumpur, Malaysia
- Singapore to Penang, Malaysia
- Singapore to Jakarta, Indonesia
- Singapore to Bali, Indonesia
- Singapore to Medan, Indonesia
- Singapore to Surabaya, Indonesia
- Singapore to Labuan Banjo, Indonesia
- Singapore to Manila, Philippines
- Singapore to Clark, Philippines
- Singapore to Bangkok, Thailand
- Singapore to Phuket, Thailand
- Singapore to Ho Chi Minh City, Vietnam
- Singapore to Hanoi, Vietnam
- Singapore to Phnom Penh, Cambodia
- Singapore to Siem Reap, Cambodia
- Singapore to Osaka, Japan
These routes represent Jetstar Asia’s core short-haul international network to close by July 31, 2025. Other possible affected destinations include Australia’s Broome, Krabi in Thailand, Sri Lanka’s Colombo, and Wuxi in China. More to follow.
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