The airline is backed by debt-ridden Chinese conglomerate HNA. Photo: Winson Wong
Macau lender Luso International Banking sues troubled Hong Kong Airlines over alleged failure to repay US$20 million loan
- High Court legal action comes amid concerns over financial robustness of the city’s third biggest carrier
- Lawyers for bank say airline only partially paid amount due – after deadline – in breach of its contractual obligations
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Hong Kong Airlines
The airline is backed by debt-ridden Chinese conglomerate HNA. Photo: Winson Wong