HK airport unveils package to support industry hit by virus outbreak, protests

HK airport unveils package to support industry hit by virus outbreak, protests

A new relief deal has been unveiled by the Airport Authority in Hong Kong, with airlines the major beneficiaries during
A new relief deal has been unveiled by the Airport Authority in Hong Kong, with airlines the major beneficiaries during "difficult period." (South China Morning Post photo)

Hong Kong International Airport has said it will offer HK$1.6 billion (6.5 billion baht) worth of concessions to help the aviation industry ride out the coronavirus crisis, with airlines set to directly benefit from lower fees and rental charges for the first time.

The Airport Authority, which runs one of Asia's important gateways, said it had expanded the relief package that was originally launched for retailers during the anti-government protests last September, but now targeted a wider range of companies.

"It is hoped that the two rounds of relief measures would be of help to the industry during this difficult period," the Airport Authority said in a statement, responding to an inquiry by the South China Morning Post.

"The relief measures which commenced last year and the new round of measures, coupled with rental adjustment and concessions, amount to about HK$1.6 billion."


Do you like the content of this article?
COMMENT

Navy denies it is seeking more funds

The navy on Tuesday denied news reports that it is seeking 6.1 billion baht for the purchase of an amphibious transport dock, also known as a landing platform dock (LPD).

20:27

Senator backs siphoning ministry budgets to fight outbreak

A senator on Tuesday voiced support for the government's plans to siphon 10% of the fiscal 2020 budgets of each ministry, and to issue an executive decree to borrow more to fight the coronavirus pandemic and stabilise the economy.

20:15

Race for vaccine tests limits of drug innovation

PARIS: From medical workers struggling to care for the rising tide of Covid-19 patients to the billions of people told to stay home to slow the pandemic, everyone is waiting for one thing: a vaccine.

19:45