So this is the final result of the Brits attempting to run an Asia Pacific LCC.
Worked wonders didn't it Mr Ryan
The thinking behind this was articulated by Bruce Buchanan in July
2011.
"The total (fleet size of) the low-cost carrier market (in Asia-Pacific) is about 450 aircraft today and we envisage it to grow to in excess of 2000 aircraft by the end of the decade," he said on the sideline of a media briefing in Singapore.
"To maintain 20 per cent market share by 2020, we need about 400 aircraft," Buchanan added without elaborating when the carrier will start making orders of those aircraft.
Jetstar to invest $470m in Singapore hub
Of course, he was "talking his book" as Qantas was in the process of finalising it massive A320 order at the time, which was announced in
October 2011:
Qantas A320NEO order makes history.