Comments 
Print 
Mail 
Large Medium SmallAn application to launch a new budget airline in Hong Kong has been approved by the Ministry of Commerce.
Jetstar Hong Kong is a joint venture between China Eastern Airlines Co Ltd and the Qantas Group, sources said.
The launch of Jetstar will make China Eastern the first carrier among China's three major airlines to tap into budget flights.
It will operate flights between Hong Kong and major cities on the Chinese mainland as well as to Southeast Asia, the National Business Daily reported on Friday.
Industry analysts said the development of low-cost airlines will become a trend in the domestic aviation market.
China Eastern and the Qantas Group, which owns the Jetstar Group, decided to set up Jetstar Hong Kong in March 2012. The two partners will each hold a 50 percent stake in budget carrier, with a total investment of no more than $198 million.
Jetstar Hong Kong plans to have a fleet of 18 aircraft by 2015.
Watermelons now come with scannable data
Rubber Duck falls into Victoria Harbor
Car wreck over car parts quality claim
Gales, hailstorms batter villages in SW China
Ram with artificial heart sets survival record
The future of wearable computers
Anniversary quake drill jolts students
15,000 tour memorial hall on quake anniversaryCopyright 1995 - 2010 . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
