Jetstar confirms Singapore as Asian hub; AirAsia growth continues in 2009

AirAsia and Jetstar, which this month announced details of a ground-breaking new alliance, are underscoring their ambitions to remain the dominant LCCs in the Asia Pacific region with a string of new announcements. AirAsia has reported another very strong set of traffic results in 4Q2009/2009, while Jetstar has confirmed Singapore as its Asian hub, providing the platform for expanded long-haul flying from the hub. Both AirAsia and Jetstar have fared better than their network carrier counterparts amid the global economic crisis, with these carriers expecting a further boost in travel demand (and profitability) in 2010. [2086 words]

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This report contains the following subheadings:

• Jetstar selects Changi Airport as its Asian hub
• Europe back on the near-term agenda?
• Jetstar revenue to grow by 32% in FY2010; AirAsia expecting an “amazing year” in 2010
• AirAsia’s growth continues in 4Q2009
• New quarterly passenger level reached
• Highest passenger load factor of the year in 4Q2009
• Six A320s for the AirAsia Group in 4Q2009
• Benefiting from the global economic weakness
• 14.3 million passenger and 12 new routes in 2012
• Indian beckons
• Conclusion: Expecting an “amazing year in 2010”

This report contains the following charts and tables:

• AirAsia preliminary traffic highlights for Oct-2009 to Dec-2009
• AirAsia Malaysia passenger numbers and passenger numbers growth: 1Q2008 to 4Q2009
• AirAsia Malaysia passenger capacity growth and passenger traffic growth: 1Q2008 to 4Q2009
• AirAsia Malaysia passenger numbers growth and passenger load factor: 1Q2008 to 4Q2009
• AirAsia Group fleet plans: 2010 to 2015
• AirAsia preliminary traffic highlights for 2009
• AirAsia Malaysia operation performance: 12 months ended 31-Dec-2009
• AirAsia new routes for 2009
• AirAsia’s India focus
• AirAsia capacity (ASK) growth projections