Airport Authority Hong Kong announces HK$1 billion relief package

Airport Authority Hong Kong announces HK$1 billion relief package

THE WHAT? Airport Authority Hong Kong (AA) has announced a HK$1 billion relief package to help its partners as passenger numbers plummet in the wake of the coronavirus outbreak, according to a press release issued by the same.

THE DETAILS The government has waived HK$670 million of Air Traffic Control Charges to the AA for the year, which will be passed on to the airport community, plus a sum of HK$330 million from the AA itself.

The package is targeted at three main groups, namely the aviation industry, airport retail tenants and restaurants and airport staff and comprises waivers of service fees, rental relief and training allowances.

THE WHY? The city ushered in a ‘no entry’ policy on March 25 for all non-Hong Kong residents in a bid to control the spread of the virus. The ban on overseas visitors will remain in place for at least 14 days and all transit services have been suspended.

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