Qantas Airways Limited (QAN) operates domestic and international airlines under the widely known Flying Kangaroo banner.
These airline operations are complemented by extensive holiday travel activities, catering facilities for QAN services and external customers, ground handling of baggage and freight, and engineering and maintenance services. QAN offers both premium and discount airlines.
S&P/ASX 200 stock Qantas Airways announced that it will create Hong-Kong’s first low-cost carrier.
Jetstar Hong Kong will be formed with joint venture partner Eastern Airlines with the aim of cornering the fast-growing Chinese market.
The initiative comes as the airline continues of expanding outside its home country to reduce costs and position itself to tap into the growing Asian economies.