Hong Kong Carriers To Receive HKD $1 million Per Aircraft

Hong Kong based carriers, including Cathay Pacific, will be receiving a unique one-off government subsidiary, based on the number of aircraft they have. For each large aircraft registered in the city, the government will provide HKD $1 million ($129,000) to the airline. Aircraft with a “maximum total weight authorised” of more than 54.5 tonnes would be considered as large aircraft. According to the SCMP, officials have decided that the Airbus A320 would be counted as a large aircraft. For a … Continue reading Hong Kong Carriers To Receive HKD $1 million Per Aircraft