Budget airline JV set to launch next year
Bruce Buchanan (left), CEO of Jetstar Airways, Alan Joyce (center), CEO of Qantas Airways Ltd, and Liu Shaoyong, chairman of China Eastern Airlines Corp, at the companies' news conference in Hong Kong on Monday. Daniel J. Groshong / Bloomberg |
China Eastern Airlines Co Ltd will establish a budget airline in Hong Kong with Qantas Airways Ltd, the flag carrier of Australia, the companies announced on Monday.
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