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March 10, 2020 Hong Kong Airlines is reportedly in talks with parties including Air China for a strategic lifeline and to commence due diligence on the carrier (South China Morning Post, 09-Mar-2020). A consortium led by Citic Group and Wuxi Communications Industry Group broke down due to a disagreement on pricing. https://blueswandaily.com/air-china-among-those-in-talks-to-acquire-hong-kong-airlines/
Hong Kong's top airline scrambles to cope with damage from protests TAKASHI KAWAKAMI, Nikkei staff writer JANUARY 16, 2020 01:45 JST Cathay Pacific Airways has suffered from double-digit declines in Hong Kong airport traffic due to anti-government protests. © Reuters GUANGZHOU -- Hong Kong's largest airline, Cathay Pacific Airways, has offered staff up to one month of unpaid leave amid plunging passenger traffic due to the city's anti-government protests. The airline is encouraging some of its own employees as well as pilots at subsidiary carrier Cathay Dragon to