Hong Kong Airlines, having slashed it’s long haul fleet to zero, barely staved off bankruptcy In January and now facing the melt down of its parent HNA Group, made more drastic cuts yesterday.
170 staff were fired yesterday and the airline announced a complete end to in-flight meals, entertainment, drinks, pillows and blankets.
While using the CoVid19 virus as an excuse, few are being fooled. Hong Kong residents seem fully aware that the company is staving off bankruptcy again and these measures are another way to cut costs. It had already fired 400 staff and cut all of the customer perks to mainland Chinese destinations.
With its parent company seemingly on the edge of an orderly dismemberment, it’s future seems uncertain at best.