Qantas to close Asian budget airline offshoot

Australian airline Qantas said Wednesday it will close its loss-making budget carrier Jetstar Asia, axing 500 Singapore-based jobs. The low-cost subsidiary will cease operations on July 31 as part of a "strategic restructure", Qantas group chief executive Vanessa Hudson said. Qantas is "incredibly proud" of the Jetstar Asia team, Hudson said...

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