Hong Kong Airlines says it deplores “untrue and groundless speculation” news media reports that it may be close to ceasing operations and is seeking to liquidate.
The speculation reportedly came about after news reports claim that travel insurer Blue Cross Asia Pacific Insurance has now stopped covering against the airline collapsing due to concerns over statements made by the airline about its operations.
However, in a statement Hong Kong Airlines said: “We deplore the untrue and groundless speculations about Hong Kong Airlines ceasing operation and applying for liquidation. We reserve the right to take legal action against those who deliberately create these rumours.
“The company has been and is continuing to operate as normal. We remain committed to offering our best service to customers who have chosen to support and fly with us.”
In 2018, Hong Kong Airlines welcomed more than 7.64 million passengers.