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Aircraft and finance. Qantas and China Eastern sell a 33% stake in Jetstar Hong Kong

Hong Kong, China - A 66-million-dollar operation

Qantas and China Eastern Airlines announced the sale of a 33.3% stake in Jetstar Hong Kong, the subsidiary of Jetstar Airways which was launched in 2012 but is still waiting to receive the ratification for its air operator certificate. The purchaser is Shun Tak Holdings, a Hong Kong-based conglomerate which operates in the shipping and property industry founded by casino tycoon Stanley Ho. According...

AVIONEWS - World Aeronautical Press Agency - 1152910

AVIONEWS - World Aeronautical Press Agency