Jetstar Hong Kong approvals process progressing well

Jetstar Group CEO Jayne Hrdlicka, speaking at the CAPA Australia Pacific Aviation Summit, stated (07-Aug-2013) the approvals process for Jetstar Hong Kong is "progressing well" and it hopes to commence operations by the end of the year. The airline will be based around travel to/from Hong Kong, bringing low cost fares into the market and allowing around the Asia-Pacific. The carrier is a JV between Qantas Group and China Eastern Airlines. In Jun-2013, Shun Tak Holdings Limited took a 33.3% stake in the carrier.