HK Airlines planes impounded

Lilia
By Lilia December 16, 2019 16:48

HK Airlines planes impounded

The South China Morning Post is reporting that seven Hong Kong Airlines aircraft that were parked at Hong Kong International Airport have been impounded by a “major creditor”.

In a statement, the Airport Authority Hong Kong (AAHK) confirmed it had invoked section 40 of the Airport Authority Ordinance to take control of the aircraft under the airline. 

“The AAHK has acted … to detain seven idle aircraft of Hong Kong Airlines in order to protect financial interests,” the authority said.

The report goes on to state that the stored aircraft have not been used for several months and are owned by the airline or a leasing company “linked to its controlling shareholder, HNA Group”.

Lilia
By Lilia December 16, 2019 16:48