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ECONOMICS & FINANCE SUSTAINABILITY TRAFFIC

Airport community relief package extended in Hong Kong

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Airport Authority Hong Kong (AAHK) today announced that its relief package for the airport community will extend for another two months to end of October 2020 in view of the ongoing impact of the COVID-19 pandemic.

The coronavirus pandemic and continuing political unrest in Hong Kong has had a huge impact on traffic at Hong Kong International Airport in 2020, with AAHK recently revealing that it only handled 96,000 passengers (-98.6%) and 9,870 aircraft movements (-73.2%) in July.

The waiver or reduction of various fees for the aviation industry announced in June this year will continue from September to October.

The continuing relief measures include full waiver of parking charge for idle passenger aircraft and airbridge fees; reduction of passenger aircraft landing charges; and a fee reduction related to ramp handling, maintenance and airside vehicles.

The full waiver on fees in relation to aircraft maintenance charges and fixed charges for inflight catering services will continue until end of October.

The rental relief for retail and catering tenants will also continue.

According to AAHK, most of the shops and restaurants in the terminal have suspended business and their rental is waived. The base rent has been waived for those that remain open to provide essential services.

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