Hong Kong Airlines Gets a Reprieve...For now.

Hong Kong Airlines has been on the brink of going out of business for a while now, as the airline has been unable to pay staff, has had to shut off inflight entertainment, and has had to axe routes and return planes.
Earlier this week the airline was given a critical deadline by the Air Transport Licensing Authority of Hong Kong. They had looked into Hong Kong Airlines’ finances, and had determined that they “deteriorated rapidly,” to the point that they no longer meet the minimum standards to have a permit.
The airline was informed that they had until Saturday (tomorrow) to find new investors or more cash, or else their license could be suspended or revoked.
While the details are limited at this point, it looks like Hong Kong Airlines has received some sort of a cash injection, allowing them to pay staff and continue operations.





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