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 |
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.
Read more: Qantas to launch Asian budget carrier |
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.
|
Finally announced.
Move over boys and girls, this is where the future is for the QF Group. MP |
I could suggest just the bloke for the chief pilot's job.
|
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 |
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
|
No chance against AirAsia in the Asian LCC stakes. Good reputation, good marketing, good pricing strategy with a massive route network already.
|
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? |
Cathay and its Dragonair subsidary will absolutely maul it, no chance I reckon.
|
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. |
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.:ugh: |
Suspect you are right.
The terms Low Cost and Premium carrier seem to be changed at will or whatever suits the relevant spin. |
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... :yuk::yuk::yuk::sad::mad::mad::mad: Will the partnership require a mixing of internal resources including pilots?
|
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. 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. The first thing that comes to my mind is convenient available slots at HKG |
Managers Perspective:
Finally announced. Move over boys and girls, this is where the future is for the QF Group. MP Qantas has No Chance of making a profit out of the Middle Kingdom. |
...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.
|
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:ok: |
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 |
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
|
Iceberg ahead iceberg ahead.
Aagh yes Boston Bruce and Elaine Joyce receive another notch in their belt on the quest for Orange world domination. Dimwits, an epic failure awaits them.
However, they don't care if they lose money on the venture anyway, each new venture for the red or orange brand means the Australian CEO's receive an all new package of director fee's etc to add to their personal financial portfolios! I can't wait to see the profit and loss statement this time next year. Can't wait to see the shareholders faces also. |
Care for some more snake juice and a slice of donkey d**k anyone? Another story from a plethora of such similar cases And one from the Australian file, dig back far enough I am sure we can find more too!! |
Plenty of "fortune cookies" in the crew room with a welcome message to Jetstar HK..
LCC splashing out.. |
Must be almost time to talk to the pilots via Fair Work
making a ruling. Quick Quick AJ make up another bull****e Asian expansion deal. We must put up a smokescreen quickly to avoid actual negotiations in good faith. Quick, make up a story to scare the pilots,anything will do. Hang on, we already tried this Asian expansion thing, damn it I can't think of anything else! It sucks being a stupid irish garden gnome without a brain. At least he will be home for xmas. |
declining significance of the Flying Kangaroo to the Qantas hierarchy. WOW!
a rather interesting view from Ian Verrender
This time Joyce does it differently It also graphically illustrates the direction Joyce is taking, and the declining significance of the Flying Kangaroo to the Qantas hierarchy, which is rapidly being transformed into a Jetstar afterthought. The deal announced yesterday contrasts starkly with last year's purported, and now abandoned, launch of a premium Asian carrier: a new airline that was to have been based somewhere in south-east Asia on an aviation plan that had more holes than a sponge in an alliance that was never consummated. |
Taken from behind
Oh don't worry, this 'international marriage' will be well and truly consumated, however it won't be the Roo doing any of the fu#king.
|
Every new venture is another Thirty minutes of the Boards time at Board meetings and another few hours of reading and absorbing its reports.
How many ventures are there now within the Qantas "Group"? How much time is being wasted on non essential discussion? At what point will someone realise that while they have been captivated by the sideshows, Virgin has edged them out of the markets where the real money is to be made? This is lunacy! |
Sunfish,
And when they are finished with Qantas, these 'icons' will pick up their lunchbox and look for another company to screw over. Mike |
You would bet the house i reckon that Cathay will leave Oneworld now. With AA in chapter 11 and Delta and is it US Airways sniffing around them i think Oneworld might soon be a half world. Wonder how QF paxs will get to Rome if this happens.:D
|
Plane Talking
Some interesting points in Ben Sanderlands post here. interesting bit, The Jetstar group CEO, Bruce Buchanan, said “We are exporting our expertise in running dual brands as in Qantas and Jetstar, not our jobs, …. nor our Melbourne headquarters.” |
This investment of $96m and 3-15 aircraft by 2015 is supposed to be the future of the new Qantas replacing most of the QF Longhaul strategy?
I just don't get it that anyone buys this as visionary when it is only a play thing now and for atleast the next 3 years. It will consume management time and focus while the real game is being played by others???? What happened to the large aircraft order?? |
Good luck . I wish them every success. Hopefully Jetstar can get a fair share of the growth in Asia. You people astound me by wanting an Australian airline to fail.
|
Is this cart before horse? There is an article here by someone who claims to know the law about being an airline based in Hong Kong who is saying that if Qantas gets away with this you could see Lufthansa Hong Kong, and Virgin Hong Kong and anything Hong Kong.
So maybe this isn't gunna happen. Jetstar Hong Kong may require rewriting SAR's Basic Law | Plane Talking |
pay
Expats in Hong Kong Pay the Highest Rent in The World : Expat News : Expat Info Desk
To all you boys looking for that quick command in a shiny jet earning a lofty Jetstar salary, hope you're prepared to bunk in with your like-minded mates in a Tung Chung shoebox!! |
And don't forget schooling in Hong Kong. I am just about to pay a $60,000AUD debenture for a good international school.
Maybe Jetstar pilots will home school like I heard they are doing in Singapore? |
LMFAO, I'm surprised you can talk with your mouth full. By the by the way, I'd barely call it 6 inches, let alone a foot.
|
Might add that pilots will need to pay full Oz tax, as the Oz ATO works on the residence idea, not where you sleep or work, 23AG is dead. And the HK IRD works on the where the company is controlled idea. An airline cannot fly internationally out of HKG unless it is controlled from HKG, the 51% ownership rule (like Oz and SIN) does not apply in HKG.
CX pilots based in Oz pay full Oz tax, they are employed in Oz and are under Fair Work Oz, and also pay full HKG tax despite not working or living in HKG. Jetstar will also need to justify the requirement for work visas, more than likely given an immigration stipulation to employ a reasonable percentage of locals in each employment group. HKG does not have GA, so that means an expensive cadetship which people cannot be bonded for under HKG law. And lastly, HX and UO also have another 100 aircraft on order (so does CX/KA), does AJ think they will sit idle ? They are part of the Hainan Airlines group, the fourth largest airline in China. |
Webb Expects Jetstar Hong Kong to Face `Difficulties', March 27 (Bloomberg)
Sounds like another case of AJ divulging his plans prematurely to established players in Asia. |
I think you clowns have forgotten China Eastern. Bring that into the equation. Jetstar Japan will do very well with the JAL link up.
|
SWH, your comments re where the company is controlled are expanded on here in Ben's Blog by Andrew Pyne-
Jetstar Hong Kong may require rewriting SAR's Basic Law | Plane Talking Pyne seems to have some good quals and knows what he is talking about. If they do not get that regulatory approval it looks like the idea will be well and truly sunk. |
All times are GMT. The time now is 21:40. |
Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.