Hong Kong Airlines facing ultimatum as operation license suspension looms

Hong Kong Airlines is facing an ultimatum placed by the Hong Kong Air Transport Licensing Authority (ATLA) to improve its finances or risk its operating license be suspended. The airline has been suffering financially for several months now and needs a cash injection to keep operating. Its difficulties have been compounded by the political unrest still being experienced in Hong Kong The ATLA issued an alert earlier today, which read: “ATLA met the senior management members of HKA again on November 29, 2019, and heard the representation and explanations made by them about the latest financial position of HKA. “Having