January 16, 2017 8:54 PM ET

Airlines

Company Overview of Hong Kong Airlines Ltd.

Company Overview

Hong Kong Airlines Ltd. provides passenger and cargo transportation services primarily in Beijing, Shanghai, Sanya, Taipei, Sapporo, Bangkok, Bali, and Okinawa. The company also offers direct transportation services from Hong Kong to Australia; special cargo handling, as well as other cargo services in the areas of unit load devices and contour, dangerous goods, express and priority shipments, live animal transportation, courier and charter services, and on-forwarding services. Hong Kong Airlines Ltd. was formerly known as CR Airways Ltd. and changed its name to Hong Kong Airlines Ltd. in September 2006. The company was founded in 2001 and is based in Lantau, Hong Kong.

7th Floor

One Citygate

20 Tat Tung Road

Tung Chung

Lantau,  

Hong Kong

Founded in 2001

Phone:

852 3151 1800

Fax:

852 3151 1838

Key Executives for Hong Kong Airlines Ltd.

Chief Executive Officer
President
Age: 48
Founder and Chairman
Chief Financial Officer
Chief Operating Officer
Compensation as of Fiscal Year 2016.

Hong Kong Airlines Ltd. Key Developments

Kenya Airways and Hong Kong Airlines Signs Codeshare Deal

Kenya Airways and Hong Kong Airlines signed a new codeshare deal effective immediately, has widened connectivity between Nairobi and Hong Kong for passengers on Kenya Airways, connecting from the airline's daily flights to Bangkok. The agreement is very important, as the Chinese carrier does not operate their own flights to Africa, and can now rely on KQ's extensive continental network out of Nairobi. The Hong Kong connection via Bangkok through the agreement with Hong Kong Airlines is a welcome addition to three direct flights Kenya Airways offers between Nairobi and the Chinese trading power house. Kenya Airways is the second African airline Hong Kong Airlines has signed code share deals with (after Air Mauritius).

Hong Kong Airlines Ltd. to Launch Daily Service to Vancouver, Canada

Commencing on 30 June 2017, Hong Kong Airlines Ltd. will operate daily direct flight between Hong Kong and Vancouver by Airbus A330 aircraft. Ticket for the Vancouver is now open for sale with economy class round trip ticket starts from HKD3,700 and business class ticket starts from HKD 16,130. As a full-service airline, Hong Kong Airlines offers passengers the convenience of travelling with up to two 23kg checked baggage allowance (or two 32kg baggage for Business class) and free inflight meals. The flight schedule for Vancouver route is as follows (All Times Local): Route: Hong Kong to Vancouver, Departure/Arrival time: 12:30/10:20, Frequency: Daily; Route: Vancouver to Hong Kong, Departure/Arrival time: 12:10/16:50, Frequency: Daily.

Hong Kong Airlines Announces Non-Stop Daily Service Between Hong Kong International Airport and Vancouver International Airport Starting on June 30, 2017

Hong Kong Airlines announced non-stop daily service between Hong Kong International Airport (HKG) and Vancouver International Airport (YVR) starting on June 30, 2017. This year-round service marks the airline's North American debut and will offer increased access from Vancouver to Hong Kong, a global hub for commerce, culture and cuisine. Hong Kong Airlines (HX) will initially operate the route using an Airbus 330-200 with 283 seats. The airline operates one of the youngest fleets in the world, with an average aircraft age of 4.1 years. The fleet consists of 34 aircraft which include nine Airbus 330-300, nine Airbus 330-200, 11 Airbus 320 and five cargo planes. Hong Kong Airlines has 15 next-generation Airbus 350-900s on order with the first delivery set for the third quarter of 2017. The new daily service will generate approximately 431 jobs in British Columbia both at the airport and in the tourism industry, $15.5 million in wages, $8.6 million in taxes and $24.4 million in Gross Domestic Product. The flight will also create more options for BC businesses to reach customers, suppliers and investors in Hong Kong, while also helping families travel home to see loved ones and create exciting connection possibilities for adventure and leisure travellers.

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