Singapore-based low-cost airline Jetstar Asia will cease operations on July 31 as part of a “strategic restructure” by its parent company, Australian flag carrier Qantas.

More than 500 employees in Singapore will be laid off due to the closure, with the airline assuring that it will offer a range of support, including retrenchment benefits and employment opportunities, either within the Qantas Group or elsewhere.

Taken from ST website