Jetstar CEO sees bright LCC future

LCCs are likely to have a competitive advantage because of their lower cost bases and should weather the current tough environment better than their full service rivals, as the low cost model is less exposed in the current environment, according to new Jetstar CEO Mr Bruce Buchanan [1865 words]

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This report contains the following subheadings:

• New ownership structure announced for Jetstar Asia and Valuair
• Growth in passenger numbers and capacity slows
• Jetstar International the sole growth area
• Further Jetstar Japan route expansion
• Other Asian growth
• Tasman Routes - Jetstar enters the New Zealand domestic market
• Jetstar domestic New Zealand network plans
• Domestic restructure

This report contains the following charts and tables:

• Qantas Group passenger numbers growth (% year-on-year): Mar-2008 to Feb-2009
• Qantas Group passenger traffic growth (RPK) and passenger capacity growth (ASK) for the eight months ended 28-Feb-09