burgeoning

burgeoning : sprout and grow
spruiked : made a passionate or pompous speech (Aussie slang)


Qantas chief executive Geoff Dixon's dream of a chunk of the burgeoning South-East Asian airline market seems to have evaporated after the 49 per cent Qantas-owned Jetstar Asia conceded it was in talks on an "alliance" with Singapore budget carrier Valuair.

Responding to a report in Singapore's Business Times newspaper, Jetstar Asia chief executive Ken Ryan yesterday issued a statement that confirmed that "Jetstar Asia and Valuair are exploring a variety of ways that they can work together or co-operate with each other".

The statement is being taken as a defeat for Qantas, which previously spruiked ambitions of making Jetstar Asia a "very substantial" player in the low-cost Asian aviation arena. Qantas now faces the prospect of becoming the first high-profile casualty of the Asian low-cost airline war.
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Valuair, founded by former Singapore Air executive Lim Chin Beng, was the first budget airline to begin services out of Singapore.

[ Low-cost war may ground Qantas ]