5-Aug-2013 11:10 AM

CAAC: 21 airlines to receive USD68m in subsidies for regional services in 2013, led by China Eastern

CAAC announced (02-Aug-2013) 21 airlines will receive around CNY433 million (USD67.7 million) in subsidies for regional flight operations by the end of this year. China Eastern Airlines is set to receive the highest subsidy of CNY110 million (USD17.2 million), followed by China Southern Airlines with CNY98.5 million (USD15.4 million) and Tianjin Airlines with CNY58.8 million (US9.2 million). Other airline subsidies include: