16-Mar-2021 11:41 AM
CAAC: Civil aviation development fund charges will be reduced by 60%
CAAC stated (15-Mar-2021) that the taxes and fees airlines pay to the civil aviation development fund will be reduced by 60% compared to before 2019, to "directly reduce the cost burden of companies", adding it "is of great significance to helping airlines overcome the epidemic and quickly resume development". [more - original PR - Chinese]