Tag Archives: Hong Kong Airlines

Hong Kong Airlines receives a cash infusion

Hong Kong Airlines has made this announcement:

Hong Kong Airlines is committed to serving Hong Kong. We have always been committed to delivering a safe and smooth operation to our customers, while striving for the long-term development of Hong Kong Airlines.

We have been notified by the Air Transport Licensing Authority (ATLA) that it would not take further action against us for the time being. We will comply with ATLA’s requirements and all relevant regulatory requirements as always. Our operation has been running normally and we will endeavour to serve all our passengers over the upcoming holiday season and beyond.
Hong Kong Airlines has a cash injection plan following urgent consultations with our stakeholders, including shareholders and management, who attach great importance to the airline’s long-term growth. Funding for operation will be injected into Hong Kong Airlines by phases. Over the past year, Hong Kong Airlines has rolled out a consolidation program to cut costs, optimize its network and elevate the customer experience. Moving forward, we will continue to drive consolidation and strengthen our internal structure to operate more efficiently and improve our revenue.
Hong Kong Airlines would like to thank our customers and business partners for their ongoing support and confidence in us. Our staff will continue to maintain the highest standard of professionalism, put the interests of our customers first and work together to offer our best services to the people of Hong Kong and our overseas customers. We will also actively communicate with our service providers to resolve outstanding financial issues and gradually bring our service back to normal.
All photos above by the airline.
Hong Kong Airlines aircraft photo gallery:

Reuters: Hong Kong Airlines says it has drawn up plans for cash infusion in fight to keep licence

From Reuters:

“Hong Kong Airlines said on Wednesday it had drafted an “initial cash injection plan” that would allow it to make overdue salary payments on Thursday as the carrier battles to keep flying.”

Read the full report.

Hong Kong Airlines aircraft photo gallery:

Hong Kong Airlines responds to reports of financial distress

Hong Kong Airlines Airbus A350-941 B-LGB (msn 153) LAX (Michael B. Ing). Image: 948427.

Hong Kong Airlines made this announcement:

Hong Kong Airlines acknowledged the new requirements set out by the Air Transport Licensing Authority (ATLA) today. Our operation is still running normally and we remain committed to flying our passengers to their destinations safely.

Hong Kong Airlines updates ATLA and the Transport and Housing Bureau (THB) regularly on our operation and financial improvement plan. We have addressed our financial situation by implementing cost-savings measures, while adjusting our operation from time to time to respond to changing market demand.

As weak travel demand resulting from the social unrest in Hong Kong has continued to affect our business and revenue, Hong Kong Airlines has reduced its capacity and flights in the coming months as well as further consolidated its network under the challenging business environment.

Hong Kong Airlines is actively communicating with our shareholders and other stakeholders to meet the new requirements from ATLA as requested. We will remain professional and deliver our best customer service to all passengers.

Hong Kong Airlines just turned 13.

Top Copyright Photo: Hong Kong Airlines Airbus A350-941 B-LGB (msn 153) LAX (Michael B. Ing). Image: 948427.

Hong Kong Airlines aircraft slide show:

Route Map:

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Hong Kong Airlines to further consolidate its network to tackle escalating market challenges, will drop Los Angeles

Delivered on February 27, 2018

Hong Kong Airlines has made this announcement:

Hong Kong Airlines has been operating in a challenging business environment for some time. In addition to strong competition and overcapacity in the market, the recurring protests in Hong Kong since June have also affected travel demand, further impacting its business and revenue.

The airline has been making operational adjustments from time to time to respond to the changing market conditions. Cost-savings measures were also concurrently implemented to mitigate the financial impact on the airline. However, as challenges in the market continue to escalate, Hong Kong Airlines will further consolidate its network to respond to the current situation.

Los Angeles

Hong Kong Airlines will discontinue its scheduled services to Los Angeles from February 8, 2020. The last Hong Kong Airlines flight from Hong Kong to Los Angeles will be HX068 on  February 6, 2020, while the last flight from Los Angeles to Hong Kong will be HX069 on the same day (all times local). Alternative travel arrangements will be offered to passengers who are already booked on Hong Kong Airlines flights to and from Los Angeles after the service ends.

The airline will closely monitor the market demand and decide if the suspension or flight consolidation needs to be implemented earlier.

Consolidation of other services

Hong Kong Airlines will trim its current scale of operation by around 6%, and will further adjust frequencies to some destinations in its network. Affected passengers will be also be offered alternative arrangements to minimise disruptions to travel plans, especially during the holidays season.

Hong Kong Airlines would like to apologise for the inconvenience caused to its customers. The airline will continue to monitor the situation closely and adjust its business plan accordingly to ensure that it remains commercially viable and sustain its long-term growth.

Route Map:

Top Copyright Photo: Hong Kong Airlines Airbus A350-941 B-LGD (msn 187) LAX (Michael B. Ing). Image: 944020.

Hong Kong Airlines aircraft slide show:

Hong Kong Airlines offers its pilots transfers to other associated carriers as it downsizes

Hong Kong Airlines Airbus A330-343 B-LHD (msn 1146) DPS (Pascal Simon). Image: 946298.

Hong Kong Airlines is offering its pilots transfers to other HNA Group airlines as it attempts to downsize according to the South China Morning Post.

In other news, the management of the airline is coming under further scrutiny.

The airline issued this statement on April 23:

Hong Kong Airlines confirms that its Directors and the current management of the Company have received court orders in relation to its management. The orders are temporary, pending further confirmation by the court and are subject to change. In any event, they do not affect the day-to-day operations of the airline. We continue to operate as normal and there are no changes to our management.

Hong Kong Airlines appreciates that our shareholders are aware that their recent activities may have resulted in a heightened level of interest amongst members of the public. As a responsible carrier, Hong Kong Airlines has always put the interests of our customers first. In spite of last week’s development, every staff member has upheld the highest level of professionalism and we remain committed to delivering a safe and smooth service to all our passengers.

Our operations remain normal. Over the Easter holidays, Hong Kong Airlines operated 417 flights and carried over 85,000 passengers between April 19 and 22, 2019, representing a 3% increase over the same period last year. As the Labour Day holidays approach, Hong Kong Airlines is getting ready to serve more than 102,000 passengers who have chosen to fly with us for their holidays.

Hong Kong Airlines and its staff remain united and will continue to focus on delivering our best service to all our customers. We trust that our stakeholders will remain professional and solve the issue in an impartial manner.

Top Copyright Photo (all others by the airline): Hong Kong Airlines Airbus A330-343 B-LHD (msn 1146) DPS (Pascal Simon). Image: 946298.)

Hong Kong Airlines aircraft slide show:

Route Map:

Hong Kong Airlines to start daily service to Manila from June 2018

Hong Kong Airlines Airbus A320-214 B-LPJ (msn 5514) HKG (Javier Rodriguez). Image: 936068.

Hong Kong Airlines will operate daily flights between its home base of Hong Kong and Manila, the capital of the Philippines from  June 1, 2018 – the latest addition to the airline’s expanding network.

 

Hong Kong Airlines will deploy an Airbus A320 on the new route, which will be outfitted with a single-class configuration and offer 174 seats in Economy Class.

The schedule* for the new service can be seen below (All times local):

Flight Sector

Flight Number

Departure

Arrival

Frequency

HKG – MNL

HX781

2110

2300

Tue, Fri, Sun

HX781

2130

2300

Mon, Wed, Thu, Sat

MNL – HKG

HX782

0655

0855

Daily

Copyright Photo: Hong Kong Airlines Airbus A320-214 B-LPJ (msn 5514) HKG (Javier Rodriguez). Image: 936068.

Hong Kong Airlines aircraft slide show:

Hong Kong Airlines to operate seasonal service to Moscow

Hong Kong Airlines Airbus A330-343 B-LNR (msn 1099) HKG (Javier Rodriguez). Image: 936062.

With the FIFA World Cup 2018 taking place in Russia, Hong Kong Airlines will launch a seasonal thrice-weekly service* linking Hong Kong and Moscow from May 18 to October 27, 2018.

Hong Kong Airlines will deploy an Airbus A330-300 on its new service between Hong Kong International Airport (HKG) and Moscow Vnukovo International Airport (VKO). The wide-body aircraft features a two-class configuration with 32 Business Class seats and 260 Economy Class seats.

Flight schedule* is as follows (All times local):

Flight Number Route Departure Arrival Frequency
HX2019 HKG-VKO 1615 2125 Tue
HX2019
HKG-VKO
1500
2010
Fri, Sun
HX2018 VKO-HKG 0020 1500 Wed
HX2018 VKO-HKG 0035 1515 Mon, Sat

* Our newly launched scheduled service between Hong Kong and Moscow is subject to government and regulatory approval.

* Flight number and schedule may change without prior notice

Copyright Photo: Hong Kong Airlines Airbus A330-343 B-LNR (msn 1099) HKG (Javier Rodriguez). Image: 936062.

Hong Kong Airlines aircraft slide show: