Retail in Asia


Airport Authority Hong Kong extends partner relief programme

Airport Authority Hong Kong (AAHK) has extended its relief package for business partners by two months to the end of May 2022.

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AAHK said that it “continues to stand with the airport community” in view of the prolonged impact to the aviation industry brought by the COVID-19 pandemic.

Hong Kong International Airport (HKIA) served just 86,000 passengers in February, an increase of 80.2 percent year-on-year rise but that number is just 1.46 percent of the 5.89 million passengers recorded in pre-pandemic February 2019.

The Special Administrative Region is still battling the ‘fifth wave’ of the pandemic, although new infections are dropping fast following the introduction of widespread control measures. Hong Kong yesterday recorded 7,596 new cases, all but two of them locally transmitted.

Various fee waiver or concession policies supporting the industry will continue, including rental relief for retail and catering tenants. Most of the airport shops and restaurants have suspended business and their rental is waived. The base rent is also waived for those that remain open to provide essential services.

Other measures include the full waiver of parking charges for idle passenger aircraft and airbridge fees; reduction of passenger aircraft landing charges; fee reduction related to ramp handling, maintenance and airside vehicles; as well as rental reduction for terminal tenants covering lounges and offices.

Additionally, there is a fees wavier for terminal licencees including ancillary passenger services, commercial services counters and cross-border transport operators; and concessions on fees for aviation support services such as into-plane fuelling, aircraft maintenance and inflight catering services.

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The relief measures will be adjusted to respond to the changing circumstances accordingly, AAHK said.