Hong Kong Airlines vows it’s ‘here to stay’ amid financial concerns and resignations, but licensing chiefs want to know about its finances
- Six directors have left the firm since July, as well as a chief financial officer who has yet to be replaced
Airline licensing chiefs have demanded Hong Kong Airlines explain its financial situation, it was revealed on Friday, as the carrier vowed it was “here to stay” despite a spate of departures by top executives.
In a statement on Friday night, the independent Air Transport Licensing Authority (ATLA) said it had noted recent media reports on the city’s third-biggest airline.
“ATLA has been following up on the financial situation of [Hong Kong Airlines] and has, in accordance with the regulations, requested the airline to explain the situation,” the statement read.
Six directors have left the firm since July, as well as a chief financial officer who has yet to be replaced.
The Transport and Housing Bureau said on Friday night that it noted ATLA’s actions, and that the airline had told the government about the changes to the board of directors.
“Based on our observations, there has been no abnormality in HKA’s daily operations and services since its changes to the board of directors,” the bureau said in a statement.