Greater Bay Airlines CEO Algernon Yau on Business Outlook

The transcript discusses the launch and operations of a new airline using 737 Dash 8 aircraft, focusing on market challenges, fuel cost management, and expansion plans. It highlights Hong Kong's role as an aviation hub post-COVID, the impact of fuel prices, and the availability of local pilot talent. The airline aims to operate within its licensed destinations, leveraging Hong Kong's connectivity and legal advantages.

What type of aircraft is the airline currently using for its operations?

• Airbus A380

• Boeing 747

• Boeing 737 Dash 8

• Airbus A320

When was the airline company formed?

• Late 2018

• Mid 2021

• Early 2020

• Late 2019

How is the airline managing its costs amidst rising fuel prices?

• By increasing ticket prices

• By implementing fuel hedging

• By operating as a value carrier

• By reducing the number of flights

What is the airline's strategy regarding fuel hedging?

• They hedge only a small portion of their fuel

• They do not engage in fuel hedging

• They plan to start hedging next year

• They have extensive fuel hedging contracts

What is the current status of Hong Kong as an aviation hub post-COVID?

• It has lost its status as a hub

• It is slowly reopening and remains a key hub

• It is closed indefinitely

• It is fully operational with no restrictions

How many destinations does the airline's license cover?

• 104 destinations

• 150 destinations

• 48 destinations

• 200 destinations

What advantage does Hong Kong have over other aviation hubs?

• Better weather conditions

• Lower operational costs

• More airlines operating

• Strong connectivity and legal system