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Friday, Jul 10, 2020

Hong Kong airport unveils HK$1.6 billion package to support industry buckling under coronavirus outbreak, anti-government protests

Hong Kong airport unveils HK$1.6 billion package to support industry buckling under coronavirus outbreak, anti-government protests

Airlines to get lower fees and rental charges under Airport Authority relief package
Hong Kong International Airport (HKIA) has said it will offer HK$1.6 billion (US$205 million) worth of concessions to help the aviation industry ride out the coronavirus crisis, with airlines set to directly benefit from lower fees and rental charges for the first time.

The Airport Authority, which runs one of Asia’s important gateways, said it had expanded the relief package that was originally launched for retailers during the anti-government protests last September, but now targeted a wider range of companies.

“It is hoped that the two rounds of relief measures would be of help to the industry during this difficult period,” the Airport Authority said in a statement, responding to an inquiry by the Post.

“The relief measures which commenced last year and the new round of measures, coupled with rental adjustment and concessions, amount to about HK$1.6 billion.”
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