Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 28-03-2012 | Practice Area: | Corporate and M&A |
| Deal Title: | Qantas Group/China Eastern JV - Jetstar Hong Kong | Industry: | Aerospace & Defence |
| Description: |
Ashurst is advising the Qantas Group on the establishment of a 50:50 joint venture with China Eastern Airlines to create Jetstar Hong Kong.
The new airline will be the first low cost carrier to be based in Hong Kong and will combine the local knowledge of China Eastern and the successful low cost carrier model of Jetstar in Australia to service short haul routes in Asia, including Greater China, Japan, South Korea and South East Asia. Subject to regulatory approval, Jetstar Hong Kong will commence services in 2013 with a fleet of three Airbus A320s, growing to 18 A320s by 2015.
The team from Ashurst's Hong Kong office is being led by corporate partner
Robert Ogilvy Watson, assisted by associates Derek Leung and Doris Chan. Ashurst is working closely with the Qantas legal team led by Brett Johnson and with project leader Jane O'Connor.
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| Financial Center: | Hong Kong | Value: | 0.00-0.00 |
| Advised Party: | Joint Venture Party | Law Firm | Ashurst |
| JV Party Jurisdiction | China,Australia | JV Party Jurisdiction | China |
| Classification: |
Joint Ventures Continuing Business Partnership |
Lawyer | Robert Ogilvy Watson |
