Qantas and China Eastern plan low-cost carrier

[mhm]

Australia's Qantas Group and China Eastern Airlines have agreed to launch a new budget carrier for the Chinese market.

The carrier, Jetstar Hong Kong, will be the first low-cost airline based in Hong Kong, according to Qantas.

Jetstar already runs budget airline services in other parts of Asia.

The expansion is in line with Qantas' strategy to revive its international business.

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