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Jetstar to launch Hong Kong based carrier

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Jetstar to launch Hong Kong based carrier

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Old 25th Mar 2012, 21:34
  #41 (permalink)  
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Jetstar Hong Kong

Joyce to announce tie up with China Eastern out of Hong Kong.

Qantas to launch Asian budget carrier

This'll be good - you can't get your executives out of jail in China like Vietnam when things go wrong (just ask Rio).

UTR
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Old 25th Mar 2012, 21:38
  #42 (permalink)  
 
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Qantas to launch Asian budget carrier

Qantas is set to unveil a joint venture with China Eastern today which will create a new budget airline to be called Jetstar Hong Kong.

In a significant breakthrough into the northern Asian region, Qantas is expected to announce the Hong Kong joint venture with the Shanghai-based airline this morning at a press conference scheduled for 9.30am, AEDT. The new airline will use short-haul Airbus A320 aircraft, serving routes in Asia including China.

It will be modelled on Jetstar's other joint ventures in Asia. Last year Jetstar formed a joint venture with Japan Airlines to create Jetstar Japan, which will begin services later this year on domestic routes in the country.

Qantas's budget offshoot has its main Asian hub in Singapore, while it also has operations in Vietnam and New Zealand.

Jetstar's chief executive, Bruce Buchanan, has been talking up the airline's focus on north Asia over the last 18 months, including China.

China is already one of the largest tourism markets for Australia and has huge potential for growth in air travel as the size of its middle class swells.

The launch of a new budget airline in Hong Kong in partnership with the mainland Chinese airline will go some way to ease the pressure on Qantas, which ditched plans to launch a premium carrier in south-east Asia earlier this month. The expansion plan had been lauded as one of the main planks of chief executive Alan Joyce's strategy to turning around Qantas's premium international business.

The latest push into Asia, however, demonstrates that its expansion plans over coming years will rely heavily on Jetstar.
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Old 25th Mar 2012, 21:51
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And the pilots and crew? What you want to pay them, will only give them accomodation under the Star Ferry wharves, the cost of living in HK is off the clock. Just when I thought it could not get any worse.
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Old 25th Mar 2012, 21:53
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Finally announced.

Move over boys and girls, this is where the future is for the QF Group.

MP
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Old 25th Mar 2012, 22:32
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I could suggest just the bloke for the chief pilot's job.
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Old 25th Mar 2012, 22:50
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Sorry 'UnderneathTheRadar' I was searching for previous thread whilst you were posting, didn't mean to duplicate your post.

Managers Perspective - it may be based in HKG but some JQ people should read up on Stern Hu
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Old 25th Mar 2012, 22:58
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MP u r the reason Qf came up with the 'toolsafe' policy. It's to keep tools like u as far away from the operation as possible. Crawl back to the hole u came from and save us all from your stupidity
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Old 25th Mar 2012, 23:27
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No chance against AirAsia in the Asian LCC stakes. Good reputation, good marketing, good pricing strategy with a massive route network already.
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Old 25th Mar 2012, 23:41
  #49 (permalink)  
 
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So what's the story with the "joint venture" with China Eastern?

Maybe it'll be mainland pilots, and China Eastern putting up all the money to use the JQ brand?
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Old 25th Mar 2012, 23:47
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Cathay and its Dragonair subsidary will absolutely maul it, no chance I reckon.
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Old 26th Mar 2012, 00:16
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Not surprising that Qantas found it easy to find a Chinese operater to take their money , the Chinese carriers would have been knocking each other over to rob Qantas.
Big loss of face to travel low cost in China, means your not rich enough to travel full service.
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Old 26th Mar 2012, 01:52
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So - how does this fit with QF managements decision to end the LHR-HKG service???? ie. feed in service.

Me thinks they are making it up as they go along.
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Old 26th Mar 2012, 02:09
  #53 (permalink)  
 
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Suspect you are right.

The terms Low Cost and Premium carrier seem to be changed at will or whatever suits the relevant spin.
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Old 26th Mar 2012, 02:27
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So, given that the partner will be China Eastern, who will fly the airplanes - Jetstar or China Eastern pilots (or a combo)? Obviously China Eastern pilots would be a lot cheaper and the A320 is a mainstay of their current fleet... Will the partnership require a mixing of internal resources including pilots?
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Old 26th Mar 2012, 02:32
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Qantas CEO Alan Joyce and Jetstar Group CEO Bruce Buchanan, have called a telephone conference for 9.30 am eastern daylight time.
It is the first full day of the Qantas retreat from London through the cancellation of its services via Hong Kong and Bangkok.
The announcement .... How convenient......

Little Qantas, big announcement? | Plane Talking

Telephone conference! I guess that way you don’t actually have to face anyone who might want to ask akward questions. Score: Spin 1, Qantas nil.
Yep, it appears the mainstream media haven't fallen for the hype this time either.. very subdued reporting in the business press.

The first thing that comes to my mind is convenient available slots at HKG


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Old 26th Mar 2012, 05:30
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Managers Perspective:

Finally announced.

Move over boys and girls, this is where the future is for the QF Group.

MP
You poor, deluded, stupid man.

Qantas has No Chance of making a profit out of the Middle Kingdom.
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Old 26th Mar 2012, 05:57
  #57 (permalink)  
 
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...and for those of you with SJS, take it from me: the jets don't stay shiny very long in the filthy South China air.
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Old 26th Mar 2012, 07:14
  #58 (permalink)  
 
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My enemy's enemy...is...

Well this is the perfect time for CX to turn both barrels on QF. There has been serious tension for some years now as QF management has proved to be as duplicitous with allies as they have been with shareholders, customers and staff.

With Air China on the register, CX could be looking seriously at jumping the fence to the Star Alliance. That would put them with Air China/Air NZ/ANA/Asiana/SQ/TG in this part of the world. It could well give some additional push to coordinating Silk/Tiger/Scoot/Dragon/Peach and Thai Lite into a pan-Asian LCC group.

As for One World. It would be an Irish wake with 2 bankrupt carriers JAL and AA as the musical accompaniment.

In the meantime they better practise those circling approaches if they are going to use the allocated slots at Sek Kong
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Old 26th Mar 2012, 08:12
  #59 (permalink)  
 
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Why did Anthony Bolton, one of the world's most successful fund managers had his fingers burned in China,with his ''China Fund''(not the real name).
Why did he miss out on the supposed success story that China perpetuates to the world daily?
In contrast, his ''Special situations fund'' which was run in the ''normal world'', grew to be one of the most successful in the world.
Then he tried China and the alleged growth story,mind you only by popular demand and returned from retirement, and to date it has returned nothing. Why?
Because what you make in China stays in China. A little known fact. You wish to take your funds home, 90% tax applies. Despite this the world's brainiacs and fervent supporters of globalisation would defend this puff of smoke economy vehemently and refute such claims.

So not to side track, as AJ and his boardroom laureates, clearly have no idea or vision about investing or organically growing a business, so its only logical to assume that they haven't done their homework either.
In the end it will still be the fault of the australians and not chinese(because they ''employ'' children which accept any terms and help the bottom line).

Care for some more snake juice and a slice of donkey d**k anyone?

Another story from a plethora of such similar cases:

How Not To Run a Business in China - BusinessWeek
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Old 26th Mar 2012, 10:18
  #60 (permalink)  
 
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australian brand

on the radio today AJ said he wanted to grow an Australian brand ......WTF you little irish pr$ck you have a great Australian brand in Qantas....a world wide icon with a great history....USE IT or loose it unfortunally the latter is what he and the rest want....sad really sad....the rim
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