Coronavirus: China offers to pay airlines to return to the air. UPDATE
In a bid to restore much needed connectivity with the rest of the world, China's CAAC has announced a series of support measures to encourage airlines to recommence air services.
These include direct payments per ASK for airlines prepared to operate directly to foreign markets.
The impact of the coronavirus COVID-19 has had a drastic impact on air services, not only in and from China, but also among its near neighbours and across Asia.
The financial damage to airlines (and the aviation supply chain) is already approaching annualised double digit negatives, endangering some and setting back growth generally.
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