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Qantas launches Jetstar Hong Kong as low-cost carrier

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PostPosted: Mon Mar 26, 2012 10:56 am    Post subject: Qantas launches Jetstar Hong Kong as low-cost carrier Reply with quote

div class="track"img alt="" src="" width="1" height="1" //divp class="standfirst"Australian airline enters joint venture with China Eastern Airlines to extend Jetstar brand into burgeoning Asian travel market/ppAustralia's biggest airline, Qantas, is to launch the first low-cost carrier to be based in Hong Kong. The joint venture with China Eastern Airlines will target the lucrative Chinese air travel market, starting in 2013./ppThe airline, branded Jetstar Hong Kong, is an extension of Qantas's low-cost carrier, Jetstar, which operates routes in Australia, New Zealand, Singapore, Vietnam and Japan./ppJetstar Hong Kong will fly short-haul routes to China, Japan, South Korea and south-east Asia./ppThe Qantas chief executive, Alan Joyce, said there was tremendous potential for the airline in Asia. "Establishing Jetstar Hong Kong in the heart of Asia and on the doorstep of mainland China is a historic opportunity to continue the successful expansion of the Jetstar brand in this region," he said./ppQantas says Jetstar Hong Kong will be only the second low-cost carrier based in greater China. Fares would be pitched 50% lower than existing full service carriers, said the Jetstar Group chief executive, Bruce Buchanan./pp"Jetstar's vision is to make travel more affordable for millions of people across Asia," he said./ppHong Kong is a major world aviation hub, with around 40 million passengers flying through each year. China's travel market accounts for 300 million passengers a year and is forecast to grow to 450 million by 2015, according to Qantas./ppThe announcement came after a turbulent year for the Qantas group. Last October, executives grounded all planes amid disputes with three unions. It cost Qantas more than A$70m (£45m) and stranded tens of thousands of passengers worldwide./ppRelations between the unions and Qantas management had deteriorated after the airline announced plans for restructuring and moving some operations to Asia. Qantas remains locked in binding arbitration with one of the unions, the TWU, which represents ground staff working in baggage, freight and catering./ppIn 2010 the airline hit the news when one of its Rolls Royce engines exploded, forcing the Airbus A380 to make an emergency landing in Singapore. The entire A380 fleet was grounded as a result. And in July 2008 an oxygen cylinder exploded on board a Qantas 747, blowing a hole in the luggage hold and forcing an emergency landing in Manila./ppThe Jetstar Hong Kong announcement came on the same day Qantas began selling tickets for its first biofuel flight. The Airbus A330 flight between Sydney and Adelaide will run on a biofuel derived from used cooking oil, split 50:50 with conventional jet fuel and is scheduled to take place on Friday 13 April./pdiv class="related" style="float: left; margin-right: 10px; margin-bottom: 10px;"ullia href=""Airline industry/a/lilia href=""Air transport/a/lilia href=""Australia/a/lilia href=""Asia Pacific/a/lilia href=""China/a/li/ul/divdiv class="author"a href=""Alison Rourke/a/divbr/div class="terms"a href="" copy; 2012 Guardian News and Media Limited or its affiliated companies. All rights reserved. | Use of this content is subject to our a href=",,933909,00.html"Terms Conditions/a | a href=""More Feeds/a/divp style="clear:both" /
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