Hong Kong Airlines to lay off 400 staff as virus epidemic impacts travel

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Airline is owned by struggling Chinese conglomerate HNA Group, which has been looking to lower its debt burden. FMTNews HongKong

HONG KONG: Hong Kong Airlines said Friday it has been forced to slash hundreds of jobs and ask remaining staff to take unpaid leave as the coronavirus outbreak compounds problems at the already-struggling firm.

The virus, which has infected 24 people, one of whom died, comes just as the city was struggling to recover from months of sometimes violent protests that battered the economy and gutted the key tourism sector. The company said it will lay off 400 employees, with the remainder asked to take a minimum of two weeks no-pay leave per month or work three days a week from February 17 until the end of June.

“As uncertainty looms with the evolving nature of this global issue, weak travel demand will likely continue into the summer season and we need to take further action to stay afloat.”

 

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