News

Hong Kong Airlines said on Friday that it’s been forced to slash hundreds of occupations and inquire staying staff to take unpaid leave because the coronavirus outbreak chemicals problems in the already-struggling company.

The announcement from the town’s number two company comes days following Cathay Pacific said it had requested all of its 27,000 workforce to take three months’ leave without wages between March and June due to falling demand brought on by the health emergency.

The virus epidemic comes as the town was unable to recuperate from months of sometimes violent protests that battered the market and gutted the crucial tourism industry.

Hong Kong Airlines said in a statement which rigorous entrance and precautionary measures imposed by nations around the globe have further affected travel demand in town and the company had to take”vigorous steps” to mitigate the challenges.

The company said it will lay off 400 workers, with the rest requested to have no less than fourteen days no-pay depart per month or two operate three days each week from February 17 before the end of June.

“There’s never been a harder period in Hong Kong Airlines’ background as of today,” the firm said in an email statement to AFP.

“As doubt looms together with the evolving character of the worldwide dilemma, weak travel demand will probably continue in the summer season and we must take additional action to remain afloat.”

The airline is owned by fighting Chinese conglomerate HNA Group, that has been trying to reduce its debt burden.

In November it announced it would delay salary payments to a employees as it fought to find money, triggering a warning against regulators that its permit may be in danger. While it was able to maintain flying because of an injection of capital, it continues to battle.

The coronavirus, that was first found at the central Chinese city of Wuhan late last year, spread across the Lunar New Year vacation and has killed more than 600 individuals in the nation, with 31,000 infected.

Locate mobile-friendly variant of posts from the day’s paper in a single easy-to-read list.

Endless Access

Love reading as many posts as you wish with no constraints.

A pick collection of articles that fit your interests and preferences.

Quicker pages

Move easily between posts as our pages load immediately.

A one-stop-shop for viewing the most recent updates, and handling your own preferences.

We brief you about the most up-to-date and most important advancements, three times every day.

Not convinced? Know why you need to pay for information.

*Our Digital Subscription programs don’t now incorporate the e-paper,crossword, iPhone, iPad mobile programs and publish. Our strategies improve your reading experience.

About the author

Laura Price

Laura Price

Laura is the senior writer and Smartphones section editor responsible for managing software updates and smartphones section. She is very passionate about Gadgets & Technology and always looking around to use them in an innovative way in daily life. She reviews Gadgets & Applications to tell users about their optimum use to get the most out of in which they’ve put their time and hard earned money.
Email:[email protected]

RSS blogs