United Airline From Hong Kong, joined Jan 2001, 9468 posts, RR: 13 Posted (14 years 11 months 2 weeks 6 days 5 hours ago) and read 2385 times:
As you may know, the Hong Kong Government is now trying to deregulate and open up the aviation market in Hong Kong for more airlines to operate in Hong Kong.
This would affect Cathay Pacific's as well as Dragonair's position in some ways.
And I also heard that Li Kar Shing, one of the richest man in the world, has plans to open up an airline in Hong Kong.
What do you guys think? Do you think we should have another airline in Hong Kong? I, personally think that this will increase competition. However, it may turn out to be a tragedy for either or both airlines due to severe competition in a small place which is Hong Kong. Besides, it will affect Cathay Pacific, a first class Hong Kong based flag carrier.
What do you guys think about this? Will this happen?
CX flyboy From Hong Kong, joined Dec 1999, 6784 posts, RR: 55
Reply 2, posted (14 years 11 months 2 weeks 6 days 1 hour ago) and read 2321 times:
I heard that it is Stanley Ho, owner of Helicopters Hong Kong that is interested, and that he has identified a market in China for frequent services to smaller destinations, He says that he needs a 50% load factor on 50-seater jets to be profitable.
I don't think Cathay will be too troubled by this. Dragonair might have a bit more to say about it though.
I have been saying for years that CX and KA are both ignoring parts of the market to concentrate on the 'big bucks', and now someone else is going to jump in there. A bit more of an entrepreneurial spirit in our two main airlines would be nice.
Red Panda From Hong Kong, joined Jun 2000, 1521 posts, RR: 0
Reply 3, posted (14 years 11 months 2 weeks 6 days ago) and read 2325 times:
If it is true, it would be a good news to Bombardia, a/c manufacturer based in Montreal, Canada. Bombardia has 50 and 70 seat regional jets for that market btwn HK and China. Bombardia jets are very nice and efficient. They sold quite many of them to Europe as regional jets for low traffic routes. I am looking forwards to more business relationship btwn HK and Canada.
Ryaneverest From , joined Dec 1969, posts, RR:
Reply 6, posted (14 years 11 months 2 weeks 5 days 21 hours ago) and read 2290 times:
Hong Kong already has three airlines at the moment:
Air Hong Kong
And decades back there was TRANSCORP whose sole 707 spent more time on ground than in the air.
From what I've heard that this airline will be jointly set up by Heli Hong Kong and Hainan Airlines, and will fly to destinations in China (including Macau) with ATR-42s and -72s. Have no idea where they get the aircraft though.
To talk about competition, I guess the main competition created will be with Dragonair (with their Mainland China destinations).
Cr-J From Canada, joined Feb 2001, 49 posts, RR: 0
Reply 9, posted (14 years 11 months 2 weeks 5 days 4 hours ago) and read 2254 times:
Then, how do you say about Air Hong Kong?
Even though it is a freight plane operator, it is
still an airline. FedEx and UPS are also one of the
airlines in the world. In fact, FedEx is the second
largest airline in the world..