A new aviation startup reckons there is room for one more airline in Hong Kong.
Greater Bay Airlines applied for an air operator’s certificate last month which is now being considered, Hong Kong’s Civil Aviation Department said.
The market is already fairly crowded with Cathay Pacific, Cathay Dragon, HK Express and Hong Kong Airlines, although these are owned by only two companies.
Greater Bay will operate a low-cost business model and is backed by the founder of mainland China carrier Donghai Airlines, the South China Moring Post reports.
It also reports some former executives of Cathay Group are involved in the venture.
If successful with its AOC, it will likely serve destinations in China, Southeast Asia, and Northeast Asia.
Written by Ray Montgomery, Asia Pacific editor
