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Jetstar Asia reports first-ever profit in FY07 on “sublease” revenue

22nd January, 2009

Jetstar Asia’s holding company, Orangestar Investments, belatedly reported its first net profit since it commenced services in late 2004. For the 12 months ended 31-Mar-08, Orangestar reported earnings of SGD4.5 million (USD3.0 million). [641 words]

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This report contains the following subheadings:

  • Moving to become more independent from Australian counterpart
  • Seeing good response from corporate packages
  • Ramps up presence on Singapore-KL route

This report contains the following charts and tables:

  • Jetstar Asia Network: 19-Jan-09

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