Hong Kong Airlines Secures Strategic Investment Fund

April 26, 2023

Hong Kong Airlines (HKA) announced that a strategic investment fund has been secured for a restructuring to take effect, thereby expediting its business recovery and returning to a healthy growth trajectory. This marks a significant milestone in HKA's history and reaffirms the company's commitment to contributing to Hong Kong's aviation industry and the city it has called home for over 16 years.

Hong Kong Airlines Chairman Hou Wei stated, "After three incredibly challenging years, Hong Kong Airlines is ready to embark on a new chapter with our valued stakeholders, business partners, and customers, thanks to their unwavering support and ongoing confidence in the company.”     

"In the year ahead, our focus remains on business recovery, supported by strategic route planning and fleet realignment. The company will strive to offer our customers more choices and top-notch service, strengthening our role in developing Hong Kong as a world-class aviation hub," Hou added    

A representative of the new investors attended the celebratory event and stated, "We are pledged to providing full support to Hong Kong Airlines to take it to new heights again in the Hong Kong and international aviation markets. In addition, we will actively respond to the development of the Guangdong-Hong Kong-Macao Greater Bay Area and strive to strengthen Hong Kong's dominant position in the aviation sector. We are committed to building Hong Kong into an international hub."