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[Hong Kong Airlines Crisis] The union quoted the CEO's promise to make food on time without layoffs, struggling to find funds

2019-12-03T13:38:20.234Z


Hong Kong Airlines was struggling with financial difficulties. The Air Transport Licensing Authority issued a final disc yesterday (2nd), urging it to improve its finances, otherwise, the card will be dead. This Saturday (7th) is a dead line. The financial status of Hong Kong Airlines may be dawning. The board of directors of HNA Holdings, the parent company, has agreed to apply for a loan of 4 billion yuan (HK $ 4.45 billion) from eight bank syndicates organized by the China Development Bank for use by HNA and its subsidiaries. Fuel and wages of airlines. The Federation of Civil Aviation of China Federation of Trade Unions met with management today (3rd), and quoted the chief executive officer Sun Jianfeng after the meeting as saying that the company is working hard to find other funds to improve its financial position, and acknowledged that the current operating situation is indeed not ideal, but is confident to survive The crisis and promised to deliver food on time and not lay off staff.


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Written by: Chen Shuxia

2019-12-03 21:36

Last updated: 2019-12-03 21:36

Hong Kong Airlines was struggling with financial difficulties. The Air Transport Licensing Authority issued a final disc yesterday (2nd), urging it to improve its finances, otherwise, the card will be dead. This Saturday (7th) is a dead line. The financial status of Hong Kong Airlines may be dawning. The board of directors of HNA Holdings, the parent company, has agreed to apply for a loan of 4 billion yuan (HK $ 4.45 billion) from eight bank syndicates organized by the China Development Bank for use by HNA and its subsidiaries. Fuel and wages of airlines.

The Federation of Civil Aviation of China Federation of Trade Unions met with management today (3rd), and quoted the chief executive officer Sun Jianfeng after the meeting as saying that the company is working hard to find other funds to improve its financial position, and acknowledged that the current operating situation is indeed not ideal, but is confident to survive The crisis and promised to deliver food on time and not lay off staff.

Hong Kong Airlines faces the risk of licensing. Many passengers are worried that travel will be hindered, and a number of employees are worried that food will be delivered indefinitely. (Photo by Yu Junliang)

The Federation of Civil Aviation Unions of the Federation of Trade Unions has earlier received complaints from Hong Kong Airlines employees about delayed food production. The chairman of the trade union, Zhang Shuhong and the secretary general, Ye Weiming, met with management today and asked to take care of employees' rights. The union quoted Sun Jianfeng as saying that Hong Kong Airlines is a responsible and committed company, and even if the operating environment is deteriorating, it will do its best to produce food on time and will not lay off employees. Sun Yu also revealed at the meeting that Hong Kong Airlines will protect human rights of current employees through human resources measures such as stopping recruitment, natural wastage, and arranging for transfers.

However, as of tonight, both the Civil Aviation Department and the Air Transport Licensing Authority have stated that they have not received any response from Hong Kong Airlines.

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Hong Kong Airlines

Source: hk1

All news articles on 2019-12-03

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