TTG Asia
Asia/Singapore Sunday, 14th December 2025
Page 2657

Pasupathi reunites with Jetstar Asia as CEO

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Barathan Pasupathi

JETSTAR Asia has appointed its former CFO, Barathan Pasupathi, as its new chief executive, replacing Chong Phit Lian, who stepped down on February 1, 2012 to pursue interests outside of the aviation sector.

Pasupathi has 16 years’ experience in various senior management roles across the energy, aviation and finance industries, including three years (2004-2007) as Jetstar Asia’s founding CFO.

He was most recently managing director of Mabanaft Singapore, a German oil-trading group based in Singapore.

Before that, he was CFO of Jazeera Airways & Sahaab Aircraft Leasing based in Kuwait.

Paul Daff will continue as acting CEO of Jetstar Asia until Pasupathi assumes his new role on July 2, 2012.

China Eastern and Qantas establish Jetstar Hong Kong

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CHINA Eastern Airlines and Qantas have entered into a strategic partnership to create Jetstar Hong Kong, the first low-cost carrier based in the SAR.

Jetstar Hong Kong will incorporate both partners’ local knowledge and networks to service shorthaul routes in Asia, including Greater China, Japan, South Korea and South-east Asia.

Subject to regulatory approval, operations are scheduled to begin in 2013 with a fleet of three Airbus A320s, growing to 18 A320s by 2015.

Jetstar Group CEO, Bruce Buchanan, said: “This is a unique opportunity for Jetstar to capitalise on the enormous potential of the Greater Chinese market, where the penetration rate of low-cost carriers is less than five per cent.”

Chairman of China Eastern Airlines, Liu Shaoyong, said: “We believe there are huge opportunities for the Jetstar low fares model throughout Asia, including Greater China, and are excited to be the first major Chinese carrier to bring this travel option to the region.”

“Cooperation with Qantas Group is a key step in China Eastern Airlines’ international expansion strategy, and an excellent opportunity for China Eastern Airlines to develop low-cost carrier operations to complement its existing business model,” he added.

According to Qantas Group CEO, Alan Joyce, the alliance with China Eastern will provide a platform for the Australian flag carrier to tap the Asian aviation market.

“We see tremendous potential for the Qantas Group in Asia and we’re looking forward to working more closely with China Eastern Airlines to deliver on it,” he said.

Jetstar Hong Kong will have a total capitalisation of up to US$198 million, with China Eastern Airlines and Qantas Group as equal partners in the joint venture.

NATAS introduces GDS training course for school leavers

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NATAS has signed an MoU with leading GDSs such as Amadeus, Abacus and Galileo by Travelport to kick-start a new corporate ticketing consultant development scheme run by the Tourism Management Institute of Singapore (TMIS).

Targeted at school leavers considering a career as a corporate ticketing consultant, the programme forms part of the NATAS Industry Accreditation initiative, which is slated for launch sometime later this year.

During the inaugural session, around 20 individuals will be introduced to the basics of operating Amadeus’ corporate reservation system, through a series of classroom training and scenario-based practicum sessions utilising live GDS data. Participants will be given a monthly stipend of about S$1,500 (US$1,190). Subsequent courses will expose trainees to the reservation systems offered by other GDSs.

Robert Khoo, CEO of NATAS said: “Currently, (travel) consultancies dedicate very little time to formal training for new staff members, as managers are often bogged down by day-to-day operations. This new course ensures that recruits hit the ground running, saving firms both time and money. With this new programme, we hope to fulfill the demand for (travel industy) professionals, and to pave the way for future development in professional training for the industry.”

Singapore nationals and permanent residents who undertake the training will have up to 90 per cent of their course fees subsidised by the Singapore Workforce Development Agency. Newly qualified corporate ticketing consultants are expected to serve a bond.

Some 19 travel consultancies including American Lloyd Travel Services, Fortune Travel, Mandarin Tour, Pinnacle Travel Services, STA Travel, Sunny Holidays and Thoha Travels and Tours have signed up for the programme so far.

TMIS and NATAS are looking to train up to 60 corporate ticketing consultants before year-end. If demand is high, the programme will be reintroduced in 2013.

Garuda posts revenue windfall

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GARUDA Indonesia registered 27.2 trillion rupiah (US$3.02 billion) in revenue last year, a 39.1 per cent increase over the 19.5 trillion rupiah earned in 2010.

The flag carrier recorded an operational profit of 1.01 trillion rupiah for 2011, compared to a loss of 67.2 billion rupiah the year before. Net income over the same period was 859 billion rupiah, more than double the figure in 2010.

Garuda vice president corporate communications Pujobroto said: “The increase in revenue and comprehensive profit was the result of the company’s operational expansion through Quantum Leap and efficiency programmes, and optimising resource and aircraft utility.”

The airline expects to boost overall sales by at least 20 per cent this year, according to CFO, Elisa Lumbantoruan.

Garuda carried 13.9 million domestic and 3.2 million international passengers in 2011, a 36.2 per cent jump over the year before.

Flight frequencies in 2011 were up 26.6 per cent to 130,043, including 108,381 domestic and 21,662 international flights. The average load factor increased from 71.7 per cent in 2010, to 75.2 per cent last year.

Traders Hotel to rise on former Hotel Phoenix site

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SPECULATION is rife that Shangri-La Hotels and Resorts will open a second Traders Hotel in Singapore, once work on Orchard Gateway, a mixed-use project being jointly developed by OCBC Bank, Great Eastern Holdings and United Engineers Limited, is completed in 2013.

Located at 277 Orchard Road, the site, which once housed Hotel Phoenix and Specialists’ Shopping Centre, will feature a proposed 512-room hotel, which will be integrated into a 20-storey building designed by Tange Associates.

The building will also feature 16,722m2 of retail space over six floors, and will be connected to an 11-storey office building across the street, via a glass overhead bridge straddling Orchard Road.

When TTG Asia e-Daily contacted Shangri-La Hotels and Resorts, the group behind the four-star Traders Hotel brand, the hotel chain did not vehemently deny nor confirm that it had been engaged by the developers to manage the hotel.

A spokesperson for Shangri-La Hotel and Resorts said: “We cannot reveal anything at the moment. All we can say is that we will issue a press statement sometime in the near future.”

A row of conservation houses outside the office building will house the Singapore Tourism Board’s Singapore Visitor Centre. In addition, visitors to Orchard Gateway will be able to access Discovery Walk, a passageway lined with all-day and all-night eateries.

Cebu Pacific launches Hong Kong-Boracay flights

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CEBU Pacific (CEB) has launched thrice-weekly services between Hong Kong and Kalibo, Boracay, with fares on the route starting from HK$428 (US$55) for a one-way ticket.

“Cebu Pacific now offers passengers from Hong Kong and Southern China direct access to Kalibo with no need for connecting flights,” said CEB vice president for marketing & distribution, Candice Iyog.

CEB also operates six daily flights from Hong Kong to Manila, Cebu and Clark.

Manila-Siem Reap services are scheduled for inauguration on April 19, 2012.

Savills to manage new serviced residence in Shanghai

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INTERNATIONAL real estate management firm Savills has signed an agreement to manage the Savills Residence Century Park in Shanghai.

Scheduled to open in June 2012, the property, located on Huamu Road in Pudong district, will offer 63 one- and two-bedroom apartments, and two three-bedroom penthouses.

International schools located at Green City are a few minutes drive away.

Neil Harvey, director of Savills Residence, said: “We look forward to offering a new level of serviced apartment quality, with stylish, thoughtful design and polished service here in Shanghai.”

JIA Hong Kong rebranded as J Plus Boutique Hotel

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CSI Properties, the parent company of luxury lifestyle residential developer Couture Homes, has taken over the reins and re-launched JIA Hong Kong as J Plus Boutique Hotel, effective this May.

Located in Hong Kong’s Causeway Bay, the 56-key property, which marked French design guru Philippe Starck’s hospitality design debut in Asia, will maintain its focus as a chic ‘home away from home’ for fashionable travellers.

Vivian Chau, general manager of CSI Properties, said: “Our vision is to embrace the concept on which (JIA Hong Kong) was founded, and build a new brand that recognises the integrity with which the hotel holds.”

Among minor changes to the hotel: the top-floor penthouse has been converted into conference and fitness facilities.

Imberty to head Exotissimo Cambodia

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Grégoire Imberty

GREGOIRE Imberty has been appointed general manager of Exotissimo Travel Cambodia, effective today.

Imberty, who has 11 years of professional experience in the travel industry, joins Exotissimo after a two-year personal sojourn through 35 countries, and following a three-year stint as managing director of Diethelm Travel Vietnam.

In his new role based in Phnom Penh, Imberty will be responsible for the strategic development and management of Exotissimo’s operations in Cambodia.

Hamish Keith, Exotissimo Travel Group COO said: “We are delighted to have Grégoire on board with Exotissimo Cambodia. His experience, passion for travel, industry knowledge and familiarity with working in South-east Asia will be invaluable, as we continue to grow and develop our operations in the region.”

Tiger Airways to launch Singapore-Colombo flights

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IGER Airways will introduce thrice-weekly services between Singapore and Colombo starting May 31.

The Sri Lankan capital will be the low-cost carrier’s first destination in the country, and its seventh within South Asia.

Stewart Adams, managing director of Tiger Airways Singapore said: “Colombo is an international gateway to many charming tourist spots in Sri Lanka such as its pristine beaches Beruwala and Unawatuna, and UNESCO World Heritage Sites Polonnaruwa and Kandy.”

“The direct service to Colombo will not only enhance connectivity between the two island nations, but will also provide Sri Lankans residing in South-east Asia an added incentive to visit their family and friends in Sri Lanka more often.”

Promotional fares to Colombo are available from March 23 on a first-come-first served basis, with prices starting from S$138 (US$109) one-way (Singapore to Colombo), all-inclusive.

The promotional fares are valid for travel from May 31 to September 24, 2012.