Hong Kong Airlines plans hiring spree, sees full capacity by mid-2024
DeeperDive is a beta AI feature. Refer to full articles for the facts.
HONG Kong Airlines said it expects to return to 75 per cent of pre-pandemic capacity by the end of this year and 100 per cent by mid-2024, after increasing operations to 30 per cent this month.
The carrier, which had a HK$49 billion (S$8.4 billion) debt restructuring plan approved by courts in December, is also raising basic pay by 8 per cent and lifting flying hourly rates for crew by up to 10 per cent, according to a statement on Thursday.
Ground staff will receive a 5 per cent basic salary pay rise.
Workers have been brought back from long pay leave and Hong Kong Airlines plans to hire 1,000 new employees by the end of 2023 – 120 pilots, 500 cabin crew and 380 ground staff, it said.
That will bring the workforce back to 60 per cent to 70 per cent of pre-Covid levels.
“We have leveraged every travel recovery opportunity over the past few months amidst unprecedented pent-up demand, and we continue to see positive business growth, particularly from the Japanese markets,” Chairman Hou Wei said in the statement.
Navigate Asia in
a new global order
Get the insights delivered to your inbox.
“Mainland China will definitely be the next market to contribute significantly to our travel recovery efforts,” he said, adding that flights there have now doubled to 35 sectors a week.
The carrier is flying to 15 destinations such as Tokyo, Osaka, Seoul, Bangkok, Manila, Beijing and Shanghai. Prior to the pandemic, it flew to 34 places. BLOOMBERG
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant