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Hong Kong Airlines Asks Pilots to Take Leave on Reduced Pay

  • Airline offers just 1.6 months pay for seven months of leave
  • HNA-backed carrier says demand for cargo is weakening
A aircraft operated by Hong Kong Airlines Ltd. 

A aircraft operated by Hong Kong Airlines Ltd. 

Photographer: I-Hwa Cheng/Bloomberg

Hong Kong Airlines Ltd. has asked pilots to take several months leave on sharply reduced pay as Covid-19 lockdowns in China snarl supply chains, weakening demand for air freight -- the carrier’s key source of income during the pandemic. 

The financially troubled carrier is calling for volunteers to take leave starting in June through until the end of the year, according to a memo seen by Bloomberg News, which cited the “unpredictable” local and global pandemic situation.