Qantas shifts focus to Asia!

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Australian Qantas airline is shifting its focus to the Asian region. They are investing around US$9 billion on new aircraft and will dedicate some airlines just for the Asian market which seems to be prospering every second of the day. It will launch a new, premium Asian airline and a Japanese budget carrier, the latter jointly with Japan Airlines and Mitsubishi. Joyce said the new premium airline was expected to be launched next year with an initial fleet size of 11 A320s. It may based in Kuala Lumpur or Singapore and would not be majority owned by Qantas, he said. China was also being considered, one source familiar with the airline earlier told reporters. Diversity is key to success and once Qantas sees that most people leaving Australia are not taking its airline, there is something surely wrong over there and moving business into the Asian business is a great step and good way of not putting all the eggs in one basket.

Asia has come to the rescue of many small and bigger companies in recent time and this help with Qantas is just the most recent. Asia has a blossoming business when it comes to tourism right now with people traveling around and spending lots of cash where they go too. They do not have to travel far to get a great vacation and that is why a move by this airline to have an Asian oriented business will do very well and improve its business. Then they can consider having flights connected from these Asian regions to Australia in the long run and provide good fares for people to travel back and forth from there.

Source: http://www.scmp.com

Image: planegeezer
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