Jetstar, the budget carrier of Australian carrier Qantas Airways Limited (ASX: QAN) said it plans to fly from Sydney to Kuala Lumpur from September onwards – according to AFP today, Jan-23-2007. Subject to regulatory approval, Jetstar will fly three times weekly to the Malaysian city and will launch its maiden flight on September 9.
Passengers flying Jetstar from Sydney to Kuala Lumpur can choose between economy and business class (despite being a budget carrier) seats on the 303-seat Airbus A330-200 jets to be used by the carrier for the new service. Jetstar launched its long haul flights in November and currently flies directly to Bangkok, Phuket, Ho Chi Minh City, Bali and Honolulu from either Sydney or Melbourne and scheduled to start a daily service to Osaka from Sydney and return via Brisbane from March 25. Jetstar will be the second fully foreign-owned low-cost carrier to fly to KLIA (Kuala Lumpur International Airport) after the Philippines’ Cebu Pacific Airways.
When I check the flight schedule, it shows you can actually make the booking now – I assume the approval has already been granted. Jetstar offers three types of flight, JetSaver, JetFlex and StarClass. You can find the differences at the website here.
Jetstar plans to offer low fares through online booking with the one-way economy fare from Kuala Lumpur to Sydney costing 633 ringgit (US$180; euro141).
Even though Jetstar spokeswoman Simone Pregellio denied that the new flights are part of an arrangement to allow Malaysian budget carrier AirAsia Berhad (KLSE: AIRASIA, stock-code 5099) to fly to Australia, I believe it is already a done-deal-strategy considering the business benefits of such co-operation. Earlier, AirAsia has said it plans to spread its wings beyond the Southeast Asia-China region to Europe, India and Australia. With this announcement, I expect AirAsia to announce the direct flight from Malaysia to Australia (Melbourne, Sydney or Brisbane?) very soon. And Malaysia Airports Holdings Berhad (KLSE: AIRPORT, stock-code 5014) will definitely benefits from the extra income from the increase flights. So, save some money for more holidays out of Malaysia.
# TIP: With more flights from AirAsia out to regional destination and more foreign flights into Malaysia, AirAsia and Malaysia Airports will benefits from extra incomes.
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January 23rd, 2007 by financetwitter
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