Hong kong Air Transport Licensing Authority(ATLA) has informed Hong Kong Airlines(HKA) to either improve there financial situation or loose license .
Early this week ATLA has informed HKA to inject cash to improve there financial situation which is deteriorating day by day else face action & loose there license to operate.
ATLA has provided deadline of 07-Dec to prove cash input else cash stripped HKA will have to lose its operating license.
However airlines has blamed recent unrest in Hong kong . They are also no able to distribute salary to there staff for November month thereby delaying payments by first week of December.
Due to mounting financial issue airlines has restricted its network thereby focusing on its core sector only.
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