Cathay Pacific Asia Miles - CX considers setting up a LCC




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jakob
Dec 15, 03, 2:18 am
in the Biz section of Ming Pao today

http://www.mpfinance.com/newsletter.cfm?MainURL=focus/focus.cfm%3FSearchYear%3D2003%26SearchMonth%3D12%2 6SearchDay%3D15


B-HXB
Dec 15, 03, 2:30 am
Uh... anyone able to give us a rough translation? http://www.flyertalk.com/forum/biggrin.gif

jakob
Dec 15, 03, 3:08 am
in a nutshell, it's saying CX is evaluating plans for a HKG-based LCC in light of recent developments of the Asian market. i.e. Air Asia, SQ setting up Tiger Air, and Air Macau's discussions with Ryanair about setting up a Macau-based LCC. it says the biggest problem with a LCC based in HKG is the high costs of operating at HKG. on a related article linked to the above article, it says the HK Government is willing to further liberalize (such as the recent cap removal of the max # of flights between HK and UK) if LCCs from other countries wish to fly into HKG.




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