By: Air Traveller PH Staff
Troubled Hong Kong Airlines recently retrenched more than 160 of its employees, mostly crew, as it finds ways and means to cut loses. However, the affected employees demanded severance pay as reports are saying that only standard wages would count.
Hong Kong Airlines is cutting around 7 percent of their passengers flights as continued protests in Hong Kong take a toll on their major carriers. Reduced demand has amounted to financial losses. Hong Kong Airlines will be shrinking its business in an attempt to limit losses brought by passengers cancelling their flights. The protests has caused the number of tourists to drop sharply.