BAR HK, Cathay Pacific welcome Hong Kong Airport Authority aid package
HKD450m relief to assist airlines to overcome the current difficult operating environment
The Board of the Airline Representatives in Hong Kong and Cathay Pacific have welcomed the HKD450m relief package announced by the Hong Kong Airport Authority to assist airlines to overcome the current difficult operating environment.
The Board of the Airline Representatives in Hong Kong (BAR HK) is an industry body which represents 63 airlines with operations in Hong Kong to and from all over the world.
Joe Ng, vice chairman of BAR HK, said: The 10% reduction in both landing and parking charges until the end of 2009 and the deferral of half of the rental payments for airline lounges, office premises and facilities for up to one year will help our members reduce operating costs in the midst of falling passenger demand and revenue brought on by the financial meltdown.
Tony Tyler, Cathay Pacific's CEO, said: We welcome the Airport Authority's timely package of relief measures. As the biggest airline operator at Hong Kong International Airport, we appreciate all the savings we can get from the Airport Authority and our other suppliers. It is essential for airlines and the airport to work closely together, especially in these challenging times, to underpin the competitiveness of the Hong Kong aviation hub.

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