Loading
4-Mar-2016 9:14 PM

HK Express doesn't 'really think the JV model is working'

HK Express CEO Andrew Cowen, speaking at the CAPA Airline Fleet & Finance Summit 2016, said (04-Mar-2016) he doesn't "really think the JV model is working, quite frankly" for carriers such as AirAsia Group and Jetstar Group. Mr Cowen explained: "There's huge regulatory issues, theres huge profitability issues… Many of the JVs operated by our compatriots are loss making or barely making a return and we have be quite realistic ourselves and say if they haven't been able to get into strong profitability than why could we do better."

Want More News Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More