Jetstar Hong Kong | South China Morning Post
  • Sat
  • Mar 7, 2015
  • Updated: 7:28am

Jetstar Hong Kong

Qantas to cut 5,000 jobs after posting A$252 million pretax loss

Qantas is suffering from intense competition with its rival Virgin Australia. Photo: EPA

Australian carrier Qantas Airways plans to cut 5,000 jobs, or 15 per cent of its workforce, sell older jets and reduce capital spending after reporting a first-half loss amid growing competition in both international and domestic operations.

Thursday, 27 February, 2014, 3:59pm

Jetstar Hong Kong grounds 7 new Airbus planes as licence approval delayed

Jetstar Hong Kong chief executive Edward Lau and chairman Pansy Ho still await approval of the carrier's application for an operating licence. Photo: Felix Wong

Jetstar Hong Kong is in talks to sell some of its fleet of new Airbus 320 planes and lease them back in a bid to cut the crippling costs of a prolonged delay in securing an operating licence in the city, people familiar with the negotiations told the South China Morning Post.

10 Jan 2014 - 12:53am 1 comment

Hong Kong airlines dive into budget travel market

At least four aircraft operated by Hong Kong Express will be reconfigured to enable it to enter the low-cost carrier arena. Photo: SCMP

Hong Kong Express Airways is to join Jetstar Hong Kong in a foray into the low-cost carrier market. The move by both is expected to help Hong Kong reclaim ground lost to other Asian airports, which already have robust low-cost carrier markets.

25 Jun 2013 - 4:45am

Jetstar Hong Kong hopes Shun Tak deal will secure licence

Jetstar Hong Kong's long wait to receive an operating licence may be coming to an end.

The low-cost carrier (LCC) joint venture between China Eastern Airlines and Qantas' Jetstar Group is now more confident that with a local shareholder the government will recognise it as a Hong Kong-designated carrier and give it a licence.

7 Jun 2013 - 3:46am

Stanley Ho's Shun Tak buys 33pc stake in Jetstar Hong Kong

(From left) Jetstar chief executive Bruce Buchanan, Qantas chief executive Alan Joyce and China Eastern Airlines chairman Liu Shaoyong. Photo: Sam Tsang

Shun Tak Holdings is paying US$66 million for a third of the shares of Jetstar Hong Kong, the low-cost carrier awaiting regulatory clearance. The announcement came two days after the Hong Kong government said it had stopped processing applications of new airlines.

29 Aug 2013 - 4:13am