Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2019
Unpaid wages nearly cost Hong Kong Airlines its license; 400 jobs cut and ~HK$49 billion debt restructuring completed
In 2019, HNA-owned Hong Kong Airlines saw revenue plunge, failed to pay staff on time, and owed airport fees; the Civil Aviation Department warned it might revoke or suspend its operating license, and HNA urgently obtained a syndicated loan. In 2020, Hong Kong Airlines cut about 400 jobs and implemented unpaid leave, and was required to return subsidies after pay cuts and layoffs during the Employment Support Scheme. In 2022, it obtained approval from courts in England and Hong Kong for a debt restructuring of about HK$49 billion, and its fleet shrank from 53 to 20 aircraft. Debt restructuring.