For Hong Kong Airlines the death watch clock is officially running. The beleaguered company has just five days to raise significant fresh capital. Failure to reach that goal will likely see the airline’s operating certificate revoked.
Hong Kong
IFE out as Hong Kong Airlines continues its finances collapse
For Hong Kong Airlines the future is very, very uncertain. Cuts continue it is unlikely they will be enough to keep the carrier afloat too much longer barring a significant cash infusion and restructuring of the business. This week it is the inflight entertainment system that disappeared.
United, Qantas trim Hong Kong service as unrest continues
The protests in Hong Kong show no signs of slowing and the impact on the travel sector continues to grow. As demand drops so too is capacity into the market, with foreign carriers now adjusting operations to cope.
A Hong Kong Surprise: PaxEx Update (16 August 2019)
A surprise twist in the Hong Kong protests as Cathay CEO Rupert Hogg resigns. Plus RFID for bags, VR for passengers and new aircraft types launching service soon. A busy week with plenty to uncover in this edition of PaxEx Update!
Airport disruptions continue in Hong Kong, airlines add waivers
Escalating protests in Hong Kong are spilling over into the aviation segment, raising the already high stakes to a new level.
China cracks down on protesting Cathay Pacific crew
The Chinese mainland government continues to vary its tactics as it seeks to quell the the anti-extradition protests in Hong Kong. The latest target: Cathay Pacific crewmembers.
Anyway Travel Passes open up cheaper holidays from England on Lufthansa, Austrian, Swiss
Looking to get far away from England this winter but don’t want to break the bank on flights? Lufthansa Group airlines Lufthansa, Austrian and Swiss launched their Anyway Travel Pass promotion this week, offering a discounted means to a guaranteed flight on your desired date of travel, so long as you don’t care too much about the departure time or which of the three carriers you’re flying on. The deal applies for departures from London-Heathrow (LHR), Birmingham (BHX) and Manchester (MAN) with 14 destinations available starting at £139 each way including all taxes.
An investment Boom from Japan Airlines
Supersonic hopeful Boom Aerospace got a big vote of confidence – and cash infusion – from Japan Airlines this week. The airline will pump $10mm in to the company, supporting the potential return to commercial supersonic flight by the middle of the next decade.