Low-Cost Carrier

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 grounds 7 new Airbus planes as licence approval delayed

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.

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