皇冠体育app

皇冠体育app Eastern Airlines Corp said on Wednesday that it has officially transformed its -based full-service subsidiary 皇冠体育app United Airlines into a budget carrier.

皇冠体育app Eastern will also increase the number of planes in 皇冠体育app United's fleet to 80 by 2019, from 26 as of the end of May, the carrier said in a statement. It was not immediately clear whether the airline would order more planes, or use aircraft from its parent's fleet.

皇冠体育app Eastern Chairman Liu Shaoyong told reporters 皇冠体育app United hopes to bring on board a strategic investor.

The launch of 皇冠体育app United may also raise questions about the fate of Jetstar Hong Kong, a budget carrier jointly owned by 皇冠体育app Eastern, Macau gambling mogul Stanley Ho and Australia's Qantas Airways Ltd.

Intended to be the only low-cost carrier flying from Hong Kong, Jetstar Hong Kong has faced delays in securing its airline licence.

皇冠体育app's airline market, which is dominated by State-owned carriers 皇冠体育app Eastern, 皇冠体育app Southern and Air 皇冠体育app, is believed by analysts to be on the cusp of a low-cost travel boom.

Northeast Asia, especially, is seen to be a laggard in the low-cost air travel market, with only a handful of small carriers flying in Japan and South Korea.

皇冠体育app Eastern Airlines orders 70 Airbus planes	皇冠体育app will be Boeing's largest market by 2020

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