Rent relief for HKIA tenants to continue until end of October at the earliest

By Luke Barras-hill |

Rental relief for retail and F&B tenants will continue, AAHK has announced.

Airport Authority Hong Kong (AAHK) announced today (17 August) a two-month extension of its assistance measures package for beleaguered companies operating at Hong Kong International Airport (HKIA).

Retail and catering tenants will now benefit from rental relief until at least the end of October.

Most shops and F&B outlets at the terminal have suspended trading, with rental payments waived. Those that remain open for essential services will not pay base rents.

The relief measures also include rent reductions for terminal tenants covering lounges and officers; and fee waivers for terminal licensees such as those providing ancillary passenger services, commercial counters and cross-border transport operations.

Beauty&You from The Shilla Duty Free.

CHARGES WAIVED OR REDUCED

A full waiver of charges will apply to idle passenger aircraft and airbridge fees; a reduction in passenger aircraft landing charges; fee reductions for ramp handling, maintenance and airside vehicles; and concessions on franchise fees for aviation support services such as aircraft re-fuelling.

AAHK had restated its commitment to supporting retail and commercial tenants at HKIA in June, a month in which the airport authority also secured bank loans worth HK$35 billion/US$4.5 billion.

HKIA recommenced transfer/transit services for passengers from Mainland China on Saturday (15 August) until 15 October.

However, transfer/transit services to Mainland Chinese destinations will remain unavailable at HKIA.

Other transfer/transit services resumed at the start of June flanked by enhanced coronavirus (Covid-19) safeguards.

For more from Hong Kong Airport and to read an exclusive interview with Cissy Chan, Executive Director, Commercial, AAHK, click here.

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