Hong Kong’s Air Transport Licensing Authority (ATLA) is giving Hong Kong Airlines (HKA) until Dec. 7 to find either a new investor or avenue to inject cash into airline operations, or risk having its license revoked or suspended. The news comes after HKA announced it would suspend November salary payments for some employees, cease infight entertainment (IFE) services and discontinue its last long-haul flights to Vancouver. “HKA’s financial position has deteriorated ...

Subscribe to Access this Entire Article

"Regulator gives Hong Kong Airlines until Dec. 7 to improve finances" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? Log in here.