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Jestar International may focus on Europe
Jestar’s CEO, Alan Joyce has said that the Qantas owned carrier may focus on Europe to expand its international flights, considering services to cities including Paris, Rome and Athens, in addition to destinations it has already flagged, when international flights begin next month.
Mr Joyce said, “The potential for the group to increase its footprint back into Europe using the Jetstar cost base is very important both strategically and, from our perspective, from a profitability point of view.”
He added, “Qantas had in the past not been able to make money outside of London and Frankfurt.”
With Jetstar created over two years ago to recover domestic market share lost to Virgin Blue, owners Qantas, is relying on Jetstar to win back international passengers lost to rivals like Singapore Airlines and Emirates Airline, which have cut Qantas’s market share 11% over the past 10 years.
Report by The Mole
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