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Jetstar Hong Kong information


Jetstar Hong Kong
IATA ICAO Callsign
JM JKT KAITAK
Founded2012
Ceased operations2015
Key peoplePansy Ho (Chairman)
Edward Lau (CEO)
Websitewww.jetstarhongkong.com

Jetstar Hong Kong was a planned low fare airline, based at Hong Kong International Airport (Currently as a brand used for promoting the sister companies of Jetstar). In June 2015, Hong Kong's Air Transport Licensing Authority refused Jetstar Hong Kong's application for an operating licence.[1]

It was formed in 2012 as a venture between China Eastern Airlines and Qantas.[2][3] Later, on 6 June 2013, Shun Tak Holdings, a conglomerate in Hong Kong and Macau managed by Pansy Ho invested US$66 million for a 33.3% stake with China Eastern Airlines and Qantas.[4] Jetstar Hong Kong is a subsidiary of Shun Tak Holdings under the Listing Rules.[5]

However, Hong Kong's Air Transport Licensing Authority refused Jetstar Hong Kong's application for an operating licence on 25 June 2015.[6] Subsequently, China Eastern Airlines and Qantas announced the end of its involvement in Jetstar Hong Kong.[7][8]

Jetstar Hong Kong remains a promotion brand in Hong Kong with an active Facebook page and emphasize their direct flights to Tokyo, Osaka, Singapore, Hanoi and Da Nang.[9]

  1. ^ "Air Transport Licensing Authority - Summary of Decision" (PDF). 25 June 2015. Retrieved 25 June 2015.
  2. ^ "China Eastern Airlines and Qantas". Jetstar Airways. 26 March 2012. Retrieved 26 March 2012.
  3. ^ "Qantas, China Eastern Plan Cheap Flights for Asia Middle". Bloomberg. 26 March 2012.
  4. ^ "Asia's Budget Airline Invasion". Bloomberg Businessweek. 13 February 2014. Archived from the original on 1 March 2014. Retrieved 13 February 2014.
  5. ^ "Shun Tak Holdings Discloesable Transactions" (PDF). Hong Kong Stock Exchange. 26 September 2013. Retrieved 26 September 2013.
  6. ^ http://www.thb.gov.hk/eng/boards/transport/air/Summary%20of%20decision%20(Eng)%2025062015.pdf [bare URL PDF]
  7. ^ "China Eastern moves to end involvement with Jetstar Hong Kong". 17 August 2015.
  8. ^ "Qantas Group writes off Jetstar Hong Kong, confirms no further investments - CAPA". centreforaviation.com.
  9. ^ "Jetstar Hong Kong". www.facebook.com. Retrieved 30 November 2019.

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