China Eastern Airlines has made it clear that it will look to establish a low-cost carrier on the Chinese mainland if the JetStar Hong Kong joint venture with Qantas goes well. In effect JetStar Hong Kong is a testbed for a Chinese low-cost carrier (LCC). This will without doubt lead China Eastern to the door of the aircraft lessors unless they are willing to wait it out for aircraft to be delivered new. China Eastern stated today that it may cooperate with Qantas on the new budget airline for the Chinese mainland. If this were to be the case then

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