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Tuesday, Jun 18, 2024

Greater Bay Airlines welcomes measures to support the recovery of the aviation industry

Greater Bay Airlines welcomes measures to support the recovery of the aviation industry

Greater Bay Airlines said on Wednesday it welcomes the measures proposed by the finance chief to support the recovery of the aviation industry and to enhance Hong Kong’s status as an international aviation hub.
The airliner’s statement noted that finance chief Paul Chan has introduced in his Budget a number of initiatives to support the industry, as well as enhance the aircraft leasing preferential tax regime to help Hong Kong build an effective aircraft leasing and financing platform.

The airline’s CEO Stanley Hui said he believes such initiatives will not only benefit Hong Kong’s economic growth but will also make Hong Kong a more competitive international aviation hub and aircraft leasing and financing center, bringing a positive impact to the aviation industry and the long-term economic development of Hong Kong.

Commenting on the government’s proposal to inject HK$200 million into the Maritime and Aviation Training Fund and increase the training spaces of the GBA Youth Aviation Industry Internship Programme, the airline said it is confident that these measures will help nurture more young talent and meet the rising manpower demand for the aviation industry.
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