Hong Kong Airlines again asked to clarify financial plans

Hong Kong’s airline licensing authority has again called for Hong Kong Airlines to clarify how it will improve its financial situation, while the airline insists that its financial issues will not affect its services during upcoming peak travel periods. Hong Kong's Air Transport Licensing Authority (ATLA) has sought additional clarification from the airline on its plans, one month after asking it to “submit a concrete plan with a view of improving its financial situation”. The authority will review the additional details provided by the airline “take appropriate actions” where necessary. ATLA can revoke or suspend an airline’s licence should it deem that it has failed to meet applicable regulations, including those around its financial position. HKA has also told the regulator that it has made partial repayments to some creditors. <br/>