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Budget airline JV set to launch next year

By Wang Wen | China Daily | Updated: 2012-03-27 08:06

Budget airline JV set to launch next year

Bruce Buchanan (left), CEO of Jetstar Airways, Alan Joyce (center), CEO of Qantas Airways Ltd, and Liu Shaoyong, chairman of China Eastern Airlines Corp, at the companies' news conference in Hong Kong on Monday. Daniel J. Groshong / Bloomberg

China Eastern Airlines Co Ltd will establish a budget airline in Hong Kong with Qantas Airways Ltd, the flag carrier of Australia, the companies announced on Monday.

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