Breakfast Special: Do low-cost carriers have the budget to survive?

It's the end of an era. After 20 years in operation, Jetstar Asia is bidding farewell to the Singapore market on July 31st. The airline cited rising costs and competition key reasons for its departure. And the proof is in the pudding. Because only six of those 20 years were profitable. It certainly raises some questions about the viability of the low-cost carrier model, especially at higher-cost airports like Changi. Brendan Sobie, Independent Analyst & Consultant, Sobie Aviation, joins Breakfast Special to explore this theme.    Produced, Presented & Edited by Emaad Akhtar Photo credit: Jetstar AsiaSee omnystudio.com/listener for privacy information.