Bosses at Hong Kong Airlines have until Saturday to find more money to keep the carrier afloat. Photo: Nora Tam

Hong Kong Airlines bosses given five days to save company, leaving 3,500 employees at risk just weeks before Christmas

  • Air Transport Licensing Authority says ailing carrier must find new cash stream or it could revoke or suspend operating permit
  • Analyst doubts that money can be found before December 7 deadline
Topic |   Hong Kong aviation

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Bosses at Hong Kong Airlines have until Saturday to find more money to keep the carrier afloat. Photo: Nora Tam
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Hong Kong Airlines’ financial woes means it was not able to pay all its staff in November. Photo: Nora Tam

Hong Kong Airlines fighting to survive as licensing authority calls crisis talks over carrier’s financial woes

  • Air Transport Licensing Authority says carrier has been in deep financial trouble for ‘long period of time’ as it hints at taking action
  • Officials could revoke HKA’s licence or demand it restructure as condition of continuing to exist
Topic |   Hong Kong Airlines

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Hong Kong Airlines’ financial woes means it was not able to pay all its staff in November. Photo: Nora Tam
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