Hong Kong airport unveils HK$1.6 billion package to support industry buckling under coronavirus outbreak, anti-government protests
- Airlines to get lower fees and rental charges under Airport Authority relief package
- Concessions will help industry get through ‘difficult period’ with businesses suffering from the epidemic and anti-government protests
Hong Kong International Airport (HKIA) has said it will offer HK$1.6 billion (US$205 million) worth of concessions to help the aviation industry ride out the coronavirus crisis, with airlines set to directly benefit from lower fees and rental charges for the first time.
“It is hoped that the two rounds of relief measures would be of help to the industry during this difficult period,” the Airport Authority said in a statement, responding to an inquiry by the Post.
“The relief measures which commenced last year and the new round of measures, coupled with rental adjustment and concessions, amount to about HK$1.6 billion.”
HKIA follows Singapore which earlier this week announced a S$112 million (US$80 million) package of measures to help airlines and airport retailers amid the downturn, which is affecting Asian airlines and airports across the region.
The AA acknowledged the Covid-19 outbreak had caused passenger numbers to “decrease significantly” which had a far-reaching impact on a range of businesses at the airport.
All Hong Kong carriers slashed flights with fewer passengers wanting to fly and transit travellers deciding against connecting through HKIA.