Hong Kong Airport extends rebate package
Hong Kong Airport AuthorityÃ¢â‚¬™s decision to further extend its 10 per cent discount on landing and parking fees for three months beginning January 1 was welcomed by home-based carriers Cathay Pacific and Dragonair. Ã¢â‚¬Å“While it is too early to say that the industry has recovered from the downturn, this decision will definitely lend support to […]
December 1, 2009
By PLA Editor
To assist airlines and other operators that have been adversely affected by the global economic downturn, the Hong Kong Airport Authority offered a relief package amounting to $450 million (US$58 million) in April 2009. By the end of September 2009, a reduction of $120 million landing and parking charges have been provided to airlines. In addition, about $130 million worth of interest-free payment deferral for office and lounge rents was arranged for business partners.