Hong Kong Airlines slapped with second lawsuit in a week over alleged non-payment of dues totalling HK$300 million
- High Court filing by Hip Hing Construction Company did not provide any details, only mentioning dues of HK$216 million and an interest of HK$80.4 million for late payment
- On April 28, Industrial Bank sued Hong Kong Airlines Aviation Training Centre over an alleged failure to repay an unspecified sum and for delivery of vacant possession of a plot
Hong Kong Airlines has been slapped with a second lawsuit in a week, this time over alleged non-payment of fees totalling HK$300 million (US$39 million).
Hip Hing Construction Company on Tuesday lodged a claim against Hong Kong’s second-largest airline over payments pursuant to an agreement dated November 29, 2018, and confirmed by the firm, A. Lead Architects.
The High Court filing did not provide details of the agreement, apart from stating an outstanding balance of HK$216 million plus an interest of HK$80.4 million for late payment up to April 30.
On top of the HK$296.4 million, the plaintiff is also demanding a further interest on the principal, to be calculated at the contractual rate of 15 per cent per annum up to the date of full payment.
Hip Hing’s website showed it had completed a project for the airline in 2019, known as the Hong Kong Airlines Aviation Training Centre, with A. Lead Architects listed as the architect.
