Jetstar Asia Airways Private Limited , operating as Jetstar Asia, is a low-cost airline headquartered in Singapore. It is the Asian offshoot of Qantas Jetstar Airways. It operates services to regional destinations in Southeast Asia, Australia, China and Japan from its main base at Singapore Changi Airport. On 16 April 2008, the company announced that it had achieved profitability for the year ended 31 March 2008, with an increase of 20 per cent in the number of passengers carried and a passenger load factor of over 75 per cent, an increase of 4 per cent over the previous year. Jetstar Asia... carried 2.7 million passengers during the year to 30 June 2011, an increase of 18% on the previous year, and saw Revenue passenger kilometres increase by 39.7%, as long-haul flights from Singapore to Auckland and Melbourne using Airbus A330 aircraft were launched. Jetstar Asia was launched in 2004 as a partnership between Qantas, holding a 49 per cent stake in the airline, Singaporean businessmen Tony Chew and FF Wong and the Singapore government's investment company, Temasek Holdings Limited .
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