Editing TurboJET (section)

==History==
Shun Tak and China Travel had their own separate ferry business brands before merging as TurboJET on 1 July 1999. They were '''Far East Hydrofoil''' by Shun Tak, and '''Turbo Cat''' by CTS Parkview Company Ltd.

It acquired New Ferry – Transporte Marítimo de Passageiros Limitada (abbreviated [[New World First Ferry (Macau)]]) from [[NWS Holdings]] for HK$350 million on 11 August 2011,<ref>{{Cite web |date=2011-08-11 |title=Shun Tak–China Travel Shipping Investments Limited Acquiring First Ferry (Macau) |url=https://www.turbojet.com.hk/media/323341/stcts__english_release_final_11082011.pdf |access-date=2023-05-27}}</ref> and completed the transaction on 30 September.

Since the opening of the [[Hong Kong–Zhuhai–Macau Bridge]] in October 2018, passenger numbers have been falling sharply due to the direct competition. The ferry service was deemed too slow and expensive. Since 2019, TurboJET started gradually cutting frequencies adjusting to the passenger numbers with the [[2019–2020 Hong Kong protests|anti-extradition bill protests]] in Hong Kong as well as the [[COVID-19 pandemic]].