United Kingdom
United States
Asia Pacific
China cash hand-outs for struggling airlines
Sunday, 09 Jun, 2022
0
China’s finance ministry will hand out nearly half a billion dollars to struggling airlines. In a first phase of cash subsidies, airlines will receive $492million.
Airlines are entitled to funds under certain criteria such as when the average daily numbers of domestic flights drops below 4,500.
Chinese airlines have struggled of late due to lockdowns and other travel restrictions in Shanghai and Beijing, although recent easing has seen air travel rebound. It increased by more than a third this week, according to data from OAG.
Read Full StoryRelated News Stories:
Ray Monty
Kittipong Prapattong’s Plan for Thailand’s Tourism Growth: Taxes, Visas, and Campaigns
James Jin: Didatravel’s Journey from China to Global Reach and the Impact of AI on Travel
Darien Schaefer on Pensacola’s Evolution: From Small Town to Global Destination
Florida Tourism’s Next Frontier: Dana Young on Expanding Beyond the Classics
Patrick Harrison on Tampa Bay Tourism’s Resilience and Marketing Strategy
Bubba O’Keefe on Clarksdale’s Vibrant Music Scene
Commemorating Elvis and Embracing Tupelo’s Culture with Jennie Bradford Curlee
Craig Ray and the Expansion of the Blues Trail
Presenting Mississippi’s Cultural Trails with Katie Coats
Robert Terrell: A Journey Through BB King’s Influence
Rochelle Hicks: Celebrating Mississippi’s Musical Legacy
Exploring Jacksonville with Katie Mitura: The Flip Side of Florida
Dozens fall ill in P&O Cruises ship outbreak
Turkish Airlines flight in emergency landing after pilot dies
Boy falls to death on cruise ship
Unexpected wave rocks cruise ship
Storm Lilian travel chaos as bank holiday flights cancelled