El Al Israel Airlines temporarily cancels flights to Hong Kong.

El Al Israel Airlines has announced that they temporarily will cancel their 6 weekly flights between Hong Kong and Tel Aviv, Israel, until March 20th due to the Coronavirus outbreak.

HKIA starting to look empty

Cathay said they would reduce their flights by 30% due to the virus outbreak, but….

It looks like they are cancelling a lot more. They also said they would reduce their capacity to Mainland China by 90%, and that seems to be accurate.

Aircraft parked at Hong Kong International Airport.
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Philippine Airlines extends Hong Kong (and Macau and mainland China cancellations until March 28)

According to a statement on Philippine Airlines homepage this is the latest status for flights between the Philippines and Hong Kong:

Philippine Airlines has extended until March 28, 2020 the cancellation of flights between Manila and the following points in greater China: BEIJING, HONG KONG, GUANGZHOU, SHANGHAI, XIAMEN, QUANZHOU (JINJIANG) and MACAU.

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Cathay Pacific Group Releases Combined Traffic Figures for December 2019

Cathay A350

The Cathay Pacific Group released recently the combined Cathay Pacific and Cathay Dragon traffic figures for December 2019 that show decreases in the number of passengers carried and the amount of cargo and mail uplifted compared to the same month in 2018.

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Hong Kong Airlines allowed to continue operations.

The Air Transport Licensing Authority has said they are satisfied that Hong Kong Airlines had met the two conditions set down five days ago in order to continue their operations in Hong Kong.

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Owner of Hong Kong Airlines gets HK$4.4 billion loan from Chinese state banks

But doubts surface over whether money will be used to save struggling carrier, according to SCMP

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Cathay Pacific releases combined traffic figures for October 2019

A bit late update for me this month, but a couple of weeks ago Cathay released their traffic numbers for October 2019, and for the third straight month there was a decrease in both flights and passengers compared to the year before. Most significant is the 35% decrease in inbound passengers for Hong Kong, although this was partially offset by a increase in transit passengers.

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Hong Kong Airlines statement (2 December 2019)

Hong Kong Airlines A359

As i wrote about yesterday, Hong Kong Airlines has been given until Saturday to save the airline. In reference to the condition, Hong Kong Airlines has issued the following press release:

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Hong Kong Airlines given 5 days to save the company

Air Transport Licensing Authority attaches new licence conditions to Hong Kong Airlines Limited

Hong Kong Airlines A359

The following press release was just issued by the Air Transport Licensing Authority:

     In the light of the ongoing financial problems of Hong Kong Airlines Limited (HKA), ATLA has been closely monitoring the financial situation of the airline over a long period of time in accordance with Regulation 15D(1) of the Air Transport (Licensing of Air Services) Regulations (Cap. 448 Subsidiary Legislation A), and has repeatedly asked HKA to submit financial improvement plans. Since December 2018, ATLA has issued six press releases to inform the public of the financial problems of HKA and the follow-up work of ATLA.

     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 considered the latest financial position of HKA, ATLA was of the view that HKA’s financial position has deteriorated rapidly to such an extent that has severely impacted on HKA’s capability in meeting its obligations as an employer to pay salary and the probability of providing a satisfactory service under its licence in respect of continuity and regularity of operation. ATLA found the situation extremely worrying. After careful deliberation, ATLA decided today (December 2) to attach new conditions to HKA’s licence as per Regulation 15E (2)(b) of the Regulations that HKA should enhance its financial situation to such a level as already required by ATLA over a period of time. 

     A spokesman for ATLA said, “After careful consideration of the financial position of HKA at present, ATLA must take immediate and resolute action to prevent further deterioration of HKA’s situation in order to protect public interests. In accordance with the two new licence conditions attached by ATLA, HKA must, by a deadline set, ensure cash injection at a level determined by ATLA (or provide an alternative to the satisfaction of ATLA), and raise and maintain its cash and cash equivalent level as stipulated by ATLA.” 

     If HKA fails to improve its financial situation as required by ATLA by the deadline, ATLA will take further action under Regulation 15E of the Regulations, which provides for revocation or suspension of licence. ATLA would announce its decision by December 7, 2019.

Cebu Pacific to start Hong Kong – Puerto Princesa

Cebu Pacific Airbus A320

Starting November 19 2019, Cebu Pacific are starting direct flights from Hong Kong to the most beautiful island in the Philippines, Palawan. The flight will be flying to the biggest city on the island group, called Puerto Princesa.

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