“COVID-19 has delivered the single biggest shock to the aviation industry and as a result we have had to make incredibly difficult decisions to ensure we protect the business and our people as best as possible, while securing our future success.
“There is no doubt that the travel market will look very different moving forward, so it is imperative that we change and adapt.
“Today’s decisions, while extremely difficult, ensure Jetstar Asia will be ready to recover when international travel demand resumes and allows us to remain agile while staying true to our low-cost DNA.
“Singapore and Changi Airport remain a strategic footprint for Jetstar Asia and the Qantas Group and we look forward to growing passenger numbers further through innovation and enhancing the customer experience in the future.
“I would like to thank the Singapore Government who acted swiftly and decisively to support the aviation industry through this unprecedented time. The significant budget initiatives, including the enhanced Jobs Support Scheme for the aviation sector and support for our current flying, as well as support with secondary employment opportunities for our incredible workforce, have enabled us to mitigate the situation that could otherwise have been even more confronting.
“We look forward to getting back into the sky soon and welcoming our customers back on board.”