Hong Kong Airlines sued by lessor

Friday, 03 Jan, 2020 0

The problems continue to mount for troubled carrier Hong Kong Airlines.

The airline was served with a lawsuit from Ireland based leasing firm Awas Leasing One LLC for non-payment of nearly $3 million for two Airbus planes.

Awas also claimed in the suit HK Airlines failed to comply with a notice to ground the planes from December 20 die to the unpaid fees.

The airline signed leases for the aircraft on April 22, 2016. 

Awas is seeking repayment and interest, and an injunction in respect of the non-compliance.

The carrier is also being sued by another lessor and only narrowly avoided being grounded by Hong Kong’s Air Transport Licensing Authority over concerns about its financial health.

The airline is controlled by the heavily indebted Chinese conglomerate HNA Group.

The airline’s troubles began well before the long running anti-government protests in Hong Kong, but the resulting sharp downturn in business and leisure travellers to Hong Kong has made its position even bleaker.



 

profileimage

TravelMole Editorial Team

Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.



Most Read

Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know

Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham

Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago

Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research

Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact

Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference

Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role

Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal

Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination

Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness

Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future

Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
TRAINING & COMPETITION
Skip to toolbar
Clearing CSS/JS assets' cache... Please wait until this notice disappears...
Updating... Please wait...