Hong Kong Economic and Trade Office, USA
Hong Kong
News Release



Relief measures announced for airport community

 



For more information, please contact

Melissa Ng in New York City: (212) 752 3320
Wing Yan Tong in San Francisco: (415) 835 9315

Daniel McAtee in Washington, D.C.: (202) 238 6360




March 23, 2020 - The Hong Kong Special Administrative Region Government and the Airport Authority Hong Kong (AA) jointly announced today a HK$1 billion (US$128 million) package of relief measures for the aviation industry in view of the sustained challenges the industry has to face due to the outbreak of COVID-19.

To provide timely and direct support to companies across different sectors at Hong Kong International Airport (HKIA), the Government together with the AA put together a $1 billion package comprising a government waiver of HK$670 million (US$8.5 billion) for Air Traffic Control Charges in 2019/20 for the AA, which will be passed on in full to the airport community, and HK$330 million (US$42.3 million) in contributions from the AA.

The relief package is expected to benefit over 400 companies, including airlines, aviation support and associated passenger services, airport retail tenants and restaurants, and airport staff. The major portion of the support will be allocated to direct support measures for the aviation industry. Further rental concessions will also be provided to retail and restaurant tenants at HKIA. To demonstrate care for the airport staff, a training incentive will be provided to front-line airport staff who take on training while they are on unpaid leave. 

A Government spokesman said, “The aviation industry is an important driver for Hong Kong's economy. We are determined to maintain Hong Kong’s competitiveness as an international aviation hub, and even more so in challenging times. With the package of relief measures jointly rolled out by the Government and the AA, we stand with the airport community to weather the storm together.”

The HK$1 billion (US$128 million) relief package for the aviation industry is provided in addition to the two rounds of relief measures announced in September 2019 and February 2020 respectively, amounting to about HK$1.6 billion (US$205 million). 


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