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  • July 31, 2014
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  1. Budget carriers ready to take off

    Posted May 24th 2012, 12:00am

    ... staff to cut costs. 'The budget airline is a start-over because running a full-service carrier and a low-cost one require totally different approaches,' said Yang Jianhong, president ... with the load factor - a measure of utilisation of an airline's passenger-carrying capacity. To increase the load factor, Yang said the budget carrier would drop first- and business-class cabins. ...

  2. Budget carrier says costs lower than rival firm's

    Posted Aug 05th 2011, 12:00am

    ... costs than rival low-cost carrier AirAsia Japan and aimed to become a dominant budget airline on mainland China routes in three to five years. The announcement that ANA will join hands with AirAsia to form a Narita-based budget airline two weeks ago raised concerns about market positioning and a conflict of interest over the plan by the two related, yet competing, low-cost carriers ...

  3. Budget carrier Jetstar puts its focus on China

    Posted Jul 14th 2011, 12:00am

    ... Celine Sun in Beijing celine.sun@scmp.com Jetstar plans to operate flights to as many as 12 cities in China by the end of the year. The budget carrier, owned by Qantas Airways, announced ... low-cost carrier Spring Airlines also announced recently that it would offer services from Shanghai to Kyushu in an attempt to cash in on the growing interest of Chinese tourists in visiting Japan. ...

  4. Jetstar still to apply for HK licence

    Posted May 03rd 2012, 12:00am

    ... carrier has yet to apply for the licence enabling it to operate here. To get the licence, Jetstar HK, a joint venture between Australia-based Jetstar Group and Shanghai-based China Eastern Airlines, needs to prove that it is a truly Hong Kong-based carrier even though none of its shareholders is a Hong Kong-based company. Under the Basic Law, the government cannot grant an operating ...

  5. Budget venture Jetstar facing bumpy take-off

    Posted Mar 27th 2012, 12:00am

    ... Eastern Airlines, even before it takes to the skies, aviation experts say. One issue is whether it qualifies as a Hong Kong carrier, a decision that could prove to be one of the early tests of Hong Kong's independence under Leung Chin-ying's administration. Jetstar is also expected to face opposition from incumbent carriers seeking to block or delay its air transport ...

  6. Three carriers apply to adjust fuel surcharges

    Posted Nov 20th 2008, 12:00am by Staff Reporter

    ... Aviation Policy and Research Centre, said: 'There should be room for at least a 30 per cent cut, given the current oil price.' This month, budget carrier AirAsia dropped a fuel surcharge, ...

  7. Budget carrier Spring considering share float

    Posted Mar 10th 2008, 12:00am by Charlotte So

    ... and Goldman Sachs tried to tie up with the budget carrier through minority stakes and by offering to sponsor an offshore listing. However, Spring Air dropped those plans after fierce debates among its ... disagreement between Spring Air and investment bankers is the carrier's valuation. Investment bankers suggested the capitalisation of Spring Air could reach at least eight billion yuan, given its ...

  8. Despite fighting words, airport and carrier likely to meet at the altar

    Posted Aug 19th 2005, 12:00am by Russell Barling

    ... The erratic negotiations that may someday bring Asia's most successful budget carrier to Hong Kong hit another snag last week. Just as the courtship showed signs of blossoming, ... more exciting,' he said on July 22. 'This is the first time I see the Hong Kong Airport Authority beginning to understand the needs of low-cost carriers. [It] is making a big effort ...

  9. Fledgling carrier flying high

    Posted Aug 18th 2007, 12:00am by Donna Page

    ... as most of the routes we operate are virgin routes, linking Macau directly to a range of destinations.' Last year the skies opened to budget carriers when the enclave's sole airline Air ... however.' Mr Korfiatis expected Viva Macau's fleet to grow to about 15 aircraft in four years. The budget carrier has two Boeing 767 wide-body aircraft. Each aircraft has 210 seats, configured ...

  10. Qantas and China Eastern to start HK budget airline

    Posted Mar 26th 2012, 12:00am

    ... China Eastern Airlines and Qantas Airways are joining hands to build a budget carrier called Jetstar Hong Kong. The joint venture comes at a time when airlines have been boosting ... airlines this year is seen as a catalyst for the development of low-cost carriers in the region. Peach Airlines, the Kansai-based budget carrier, launched its inaugural flight this month. Another ...




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