Hong Kong says it won't process new airlines' applications as Jetstar waits

Hong Kong would not process any applications to start airlines in the city pending the completion of a review of its criteria for designating local carriers, the Transport and Housing Bureau said.

While airlines must be incorporated in the city and have their principal place of business in Hong Kong to be considered local under the law, and the government considers shareholding structure, these are not the only determining factors, according to a statement on the government's website on Tuesday.

It did not say what additional elements would be considered.

via Business feed http://www.scmp.com/business/companies/article/1254438/hong-kong-says-it-wont-process-new-airlines-applications-jetstar