“Jetstar is currently Hong Kong authorities to apply for a license, plans to open fly of the end of this year or early next year. company executives will be mainly in Hong Kong or other parts of the international who currently All work is progressing smoothly. Eastern Airlines (600115) chairman Liu Shao-yong attended the 68th annual meeting of the International Air Transport Association said June 11.
March this year, China Eastern Airlines announcement will joint venture with a wholly-owned subsidiary of Qantas Airways, Jetstar to set up a low-cost airlines to Hong Kong as the main base of operations. Under the agreement, a joint venture Jetstar Hong Kong registered capital of $ 115 million, both sides are invested in cash, 50% equity, the estimated total investment of $ 198 million. This is the central air transportation companies to test the water for the first time low-cost airline.
the end of May, China Eastern Airlines general manager Ma Xulun in Beijing said publicly that more than 25 percent of low-cost airlines in the global market share has exceeded 33 percent in Southeast Asia, less than 5%, a huge space for development of low-cost airline. Eastern low-cost airline will test the water, growing experience and better plan for the future development of the company.
However, Air China (601111) chairman Wang Changshun, the same day in an interview, said that China does not have the policy and market environment of low-cost airline, Air China is temporarily not involved in low The cost of aviation.
According to the China Securities Journal reporter learned that, at present China’s imports of aircraft timber, aircraft impose high import VAT and customs, airlines can not be independent introduction of the aircraft is unable to form large-scale operations, airport insufficient number of the lack of pilots and operations management personnel are restricting the development of low-cost aviation in China.
“Mainland, Hong Kong, including low-cost aviation policy really need to further improve.” of renowned frankly stated to the China Securities Journal reporter.
In addition, the airline should at the same time operating a good all-round aviation and low-cost airline two business itself is also facing many challenges. “Now it seems that successful examples are not many, because it does competition within the aviation enterprises, airlines, according to the different needs of customers on the customer base, detailed division, to avoid two types of businesses in the internal” kill each other ” “Qatar Airways CEO Akbar Al Baker said.