SHUN Tak Holdings has become the third equal-share investor in Hong Kong’s first and upcoming LCC, Jetstar Hong Kong.
The company joins existing partners Qantas Group and China Eastern Airlines.
Welcoming Shun Tak to the venture, Jetstar Hong Kong CEO, Edward Lau, said: “Shun Tak’s long history in tourism and transportation businesses will further deepen the experience behind Jetstar Hong Kong.”
Pansy Ho, managing director, Shun Tak Holdings, commented: “It has long been our vision to create an air-sea-land network that seamlessly connects the Pearl River Delta and facilitate its integration, under the spirit of Guangdong, Hong Kong and Macau development blueprint as part of the central government policy.
“We believe a low-cost airline will be most efficient in driving growth across the leisure sector, and bring benefits to the complete visitor economy for Hong Kong, as well as contribute to the sustainable development of Hong Kong as the top aviation hub.”
Shun Tak had earlier announced plans to establish its own hotel brand and management company, to appeal to outbound Chinese tourists worldwide (TTG Asia e-Daily, May 20, 2013).
