Hong Kong Airlines in Jeopardy of Being Dissolved.
Financially beleaguered Hong Kong Airlines is not only unable to meet November payroll for almost half of its employees, but it was given five days to find more investors or risk losing its permit to fly. The Air Transport Licensing Authority of Hong Kong (ATLA) has given Hong Kong Airlines until Saturday, Dec. 7, to produce new investors or more cash. If not, its license to fly will likely be suspended or revoked.
