Hong Kong Announces More Financial Aid For Aviation Industry

HKG
Airport Authority Hong Kong says its relief measures now total HK$4.6 billion ($594 million).
Credit: Nigel Howarth/Aviation Week
Cathay Pacific and other Hong Kong-based airlines will gain substantial financial benefits from a new COVID-19 aid package unveiled by the government. Direct relief includes one-off subsidies based on aircraft fleet size. An airline will receive HK$1 million ($129,000) for every large aircraft...

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