Cash injection: A signage for Hong Kong Airlines at the departure hall of the Hong Kong International Airport. Services at the airline will gradually return to normal as soon as the funds arrive. — Bloomberg
Hong Kong: Embattled Hong Kong Airlines said it has drawn up an initial plan for a cash injection and will pay staff who had their salaries deferred after regulators threatened to revoke its licence unless the company improves its finances.
Services at the airline, backed by Chinese conglomerate HNA Group Co, will gradually return to normal as soon as the funds arrive, according to an emailed statement from the company. Payments to staff will be made today, it said.
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