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HONG KONG : Hong Kong Airlines may cancel A380 order
Publish Date : 02-Mar-2012
Hong Kong Airlines may cancel an order for 10 Airbus superjumbo A380 jets, a report said Thursday, as Chinese opposition to the European Union\'s airlines carbon emissions fee intensifies.
Beijing has banned its airlines from complying with the EU scheme, which was imposed from Jan 1 although no airline will face a bill until 2013.
Hong Kong Airlines, a subsidiary of Chinese carrier Hainan Airlines, said it was under pressure to cancel the acquisition - reportedly worth about US$3.8 billion (S$4.7 billion) at list prices - following China\'s decision.
\'We cannot do something which is against our country\'s interest,\' Hong Kong Airlines president Yang Jianhong told the South China Morning Post newspaper in Hong Kong.
