Will Qantas Ever Fly To China Again?

[tomlee1986]

Not possible. Considering all the airlines in China are government owned or majority owned.
The 3 big ones 100% and the smaller airlines owned often by one of the big 3.
Then during COVID, they made sure HK suffered on purpose to reduce their relevance and get more control, then took a share in CX too. Not majority owned yet, but they likely will eventually find a way to achieve this.
So as competition goes. I don't think China would allow a 3rd party non state owned entity to set up shop there.

CX brought the shares back earlier this year

Cathay completes buyback of the warrants from the Hong Kong SAR Government

Payment of nearly HK$4 billion to the Government for the warrants buyback and in preference share dividends

news.cathaypacific.com

BUT REAL HKers - those who support democracy would NEVER trust this airline again!! Sacking staff for anti government views in 2019 on their OWN social media in their OWN time, NOT in uniform representing the company!! I would be glad when CX goes Bankrupt!

Cathay denounced for firing Hong Kong staff after pressure from China | Hong Kong | The Guardian

City also sees separate rally against alleged sexual violence by police against participants in protest movement

amp.theguardian.com

 

[mrflyby]

CX brought the shares back earlier this year

Interesting. Hadn't read that. Was disappointed with what I was expecting to become of CX when they bought that. So this is good to see they got out of that.

 

[RooFlyer]

Not possible. Considering all the airlines in China are government owned or majority owned.
The 3 big ones 100% and the smaller airlines owned often by one of the big 3.
Then during COVID, they made sure HK suffered on purpose to reduce their relevance and get more control, then took a share in CX too. Not majority owned yet, but they likely will eventually find a way to achieve this.
So as competition goes. I don't think China would allow a 3rd party non state owned entity to set up shop there.

What I was meaning was an employment entity not an airline! - Look at the comment I was replying to.

Like they do for NZ and other places, and for different 'fleets' within Australia - a new employment entity is created, paying less than the 'mainline' rates.

 

[tomlee1986]

Interesting. Hadn't read that. Was disappointed with what I was expecting to become of CX when they bought that. So this is good to see they got out of that.

They did mention it in august but completed in September

 

[markis10]

What I was meaning was an employment entity not an airline! - Look at the comment I was replying to.

Like they do for NZ and other places, and for different 'fleets' within Australia - a new employment entity is created, paying less than the 'mainline' rates.

And how did they go with Jetstar Hong Kong

 

[moa999]

So that presumably takes Cathay back to its former shareholding of
Swire 45%, Air China 30% and Qatar 9.6%.

And then a cross-shareholding where Cathay holds 18% of Air China.

 

[MEL_Traveller]

What I was meaning was an employment entity not an airline! - Look at the comment I was replying to.

Like they do for NZ and other places, and for different 'fleets' within Australia - a new employment entity is created, paying less than the 'mainline' rates.

But as I think was pointed out above, within Australia is not so much an issue anymore because of the ‘same work same pay’ legislation.

While that wouldn’t apply to foreign employed crew… why would QF bother going to all that effort when they could be spending the same time to open a new premium-heavy route to the USA, Asia or Europe? One where they can fill top-dollar business class?

It was interesting for me to note the other day that QF’s 789 only provides four more economy class seats than their 737! Very too heavy with premium … which are markets they could be chasing rather than all the hurdles in China. (Yes setting it up is one thing, but then potential changing environment… )

 

[tomlee1986]

And how did they go with Jetstar Hong Kong

I thought Qantas ended that venture completely?