Hong Kong Airlines (“HKA”) announced today that the strategic investment fund has been secured for the restructuring to take effect, thereby expediting its business recovery and returning to a healthy growth trajectory.

 

This progress marks a significant milestone in HKA's history and reaffirms the company's commitment to contributing to Hong Kong's aviation industry and the city it has called home for over 16 years.

 

Officiating 

 

(From right to left) Mr Hou Wei, Chairman of HKA, Mr Victor Liu, Director-General of Civil Aviation, Mr Fred Lam, CEO of Airport Authority Hong Kong, and Mr Liu Yi Nan, representative of new investors officiated the ceremony 

 

Toasting 

 

Attended by HKA's senior management team, new investors, representatives from key stakeholders and business partners, a cocktail reception was held at the HKA Training Academy this afternoon to commemorate this special occasion.

 

Hong Kong Airlines Chairman Mr. Hou Wei stated, "After three incredibly challenging years, Hong Kong Airlines is ready to embark on a new chapter with our valued stakeholders, business partners, and customers, thanks to their unwavering support and ongoing confidence in the company.” 

  

HKA Chairman Hou Wei

 

"In the year ahead, our focus remains on business recovery, supported by strategic route planning and fleet realignment. The company will strive to offer our customers more choices and top-notch service, strengthening our role in developing Hong Kong as a world-class aviation hub," Mr. Hou added.

 

A representative of the new investors attended the celebratory event and stated, "We are pledged to providing full support to Hong Kong Airlines to take it to new heights again in the Hong Kong and international aviation markets. In addition, we will actively respond to the development of the Guangdong-Hong Kong-Macao Greater Bay Area and strive to strengthen Hong Kong's dominant position in the aviation sector. We are committed to building Hong Kong into an international hub.

 

 

About Hong Kong Airlines

 

Established in 2006, Hong Kong Airlines is a full-service airline firmly rooted in Hong Kong. The airline flies to 25 destinations across the Asia Pacific, and currently maintains 89 interline and 16 codeshares with multiple airline partners and ferry service providers. Hong Kong Airlines operates an all Airbus fleet. It has been awarded the internationally acclaimed four-star rating from Skytrax since 2011. For more information, please visit http://www.hongkongairlines.com or our social media channels on LinkedIn, Twitter, Instagram and Facebook.