Cathay Pacific conference: flash update

Speaking to media at Cathay Pacific’s (CX) interim results presentation, CX Chairman John Slosar reiterates Jetstar HK cannot operate out of Hong Kong as the company is based in Melbourne,  Australia, “by their own admission”.

Slosar’s statement signals that local flag carrier Cathay Pacific will continue opposing Jetstar HK’s launch even though Jetstar acquired a 33.3% equity investment from HK’s Shun Tak Holdings earlier this year, which was supposed to be the game changer in the regulatory standoff.

Dominic Sebastian Lalk

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