Irish company files petition to wind up Hong Kong Airlines

An Irish company last Friday (Mar 4) filed a petition to the High Court, asking it to wind up Hong Kong Airlines. The hearing has been scheduled on May 11.

According to the Judiciary's website, the petition was filed by Stellar Aircraft Holding 1 Ltd, a company based in Dublin, and listed Hong Kong Airlines Ltd as the respondent on the writ.

In June last year, Hong Kong Airlines has already fired 700 workers. The company also shuttered its subsidiary Hong Kong Aviation Ground Services Ltd (HAGSL) a month later.

Another aviation giant, Cathay Pacific had also closed its subsidiary Cathay Dragon back in October 2020, citing challenges posed by the Covid-19 outbreak.