Amid the ongoing Coronavirus pandemic, one business group is looking to get a new Hong Kong-based airline off the ground.

According to a report from the South China Morning Post, a group led by Chinese mainland property tycoon Bill Wong Cho-bau filed for an air operator certificate (AOC) with Hong Kong's Civil Aviation Department. The filing revealed the new planned airline will be named Greater Bay Airlines.

The report also states the planned airline will operate as a budget carrier to destinations in China and other parts of Asia using Boeing 737 aircraft.

With the application filed, the city's Civil Aviation Department confirmed in the report that it was being processed.

Should it get the approval from Hong Kong aviation authorities, it will be the fifth passenger airline based in the city after Cathay Pacific, Cathay Dragon, HK Express, and Hong Kong Airlines. Three of the airlines – Cathay Pacific, Cathay Dragon, and HK Express are a part of the Cathay Pacific Group, while Hong Kong Airlines is owned by the Chinese HNA Group.

While it could be Hong Kong's newest airline, it will not be a new airline venture for Wong Cho-bau who is the founder and chairman of Shenzhen-based Donghai Airlines.

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