Jetstar Asia CEO Update
Jetstar Asia CEO Barathan Pasupathi discusses the improvement in market conditions in Singapore, which has led to a return to profitability for Jetstar Asia, but is concerned competitors are starting to again behave irrationally. Jetstar Asia plans to continue taking a hiatus from expanding its fleet. However the Singapore-based LCC sees opportunities to expand in new underserved secondary markets, starting with the upcoming new destinations of Da Nang in Vietnam and Pekanbaru and Palembang in Indonesia. Growing feed from codeshare and interline partners and proactive relationship with airports are key drivers to making such new routes viable.