Hong Kong Airlines operates an all-Airbus fleet comprising of A320s, A330s, and A350s. The airline will soon be taking delivery of more than 20 A350s to carry out its ambitious long-haul network expansion. (Photo: AirlineGeeks

Hong Kong Airlines Meets Government Deadline, Tries to Begin Turnaround

The government of Hong Kong on Monday presented struggling carrier Hong Kong Airlines with an ultimatum: Find the money to pay its employees by Dec. 7 or risk having its operating license suspended or even revoked. The next day, the airline's chief executive officer released a statement vowing to take all necessary action to avoid laying off employees. Later the same day, according to the South China Morning Post, a Shanghai Stock Exchange filing revealed the carrier's biggest stakeholder had…