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[Hong Kong Airlines Crisis] Hong Kong Airlines: Initially Meets Government Funding Requirement Salaries Will Be Issued Tomorrow

2019-12-04T05:02:18.739Z


Hong Kong Airlines was struggling with financial difficulties. Earlier, internal letters were sent to employees stating that in addition to the crew members and overseas employees who will be paid on time, the remaining salaries of employees in Hong Kong will be delayed until December 6. Hong Kong Airlines issued an internal letter to employees today (4th), stating that the Air Transport Licensing Authority will issue a notice on the 2nd of this month to add new conditions to the Hong Kong Airlines license, and after emergency consultations, initially formed a funding injection plan that meets regulatory requirements. The salaries of employees will be paid tomorrow (5th). After the capital is credited, the services will return to normal.


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Written by: Chen Jingqi

2019-12-04 12:49

Last updated: 2019-12-04 12:49

Hong Kong Airlines was struggling with financial difficulties. Earlier, internal letters were sent to employees stating that in addition to the crew members and overseas employees who will be paid on time, the remaining salaries of employees in Hong Kong will be delayed until December 6.

Hong Kong Airlines issued an internal letter to employees today (4th), stating that the Air Transport Licensing Authority will issue a notice on the 2nd of this month to add new conditions to the Hong Kong Airlines license, and after emergency consultations, initially formed a funding injection plan that meets regulatory requirements. The salaries of employees will be paid tomorrow (5th). After the capital is credited, the services will return to normal.

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Source: hk1

All news articles on 2019-12-04

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