Chinese airlines may record staggering losses of 300 to 500 million yuan (US$72 million) per day for February, as thousands of flights were cancelled due to the coronavirus epidemic, though the dark days for the country's civil aviation industry might be getting brighter with more flights resuming and government support underway.

Chinese carriers have started resuming some of their domestic and international services that were suspended due to the novel coronavirus outbreak, while several global airlines have expressed optimism that the aviation market will see a strong rebound after the country brings the epidemic under control.

On March 4, 2020, China's Ministry of Finance (MOF) and the Civil Aviation Administration of China (CAAV) jointly issued a notice on offering financial support to airlines amid COVID-19 outbreak. As per the notice, direct cash incentives will be poured into supporting domestic and foreign carriers which operate international flights to/from China, in an effort to help them proactively respond to the impact of the epidemic on the industry and encourage the resumption or continuous operation of their international flights.

China civil aviation authority has been working closely with countries hit by the novel coronavirus outbreak to make unified epidemic prevention and control standards in an effort to curb its spread.

Packages stuck in Taiwan due to the coronavirus outbreak in Wuhan, Hubei province, which weigh 585.5 kilograms, arrived at Changle International Airport in Fuzhou, capital of Fujian province on Friday via a temporary airline.

China's civil aviation sector stepped up support amid the battle against the novel coronavirus outbreak, according to the Civil Aviation Administration of China (CAAC).

The novel coronavirus pneumonia epidemic seemed like the last straw for debt-ridden Hainan Airlines Group, which turned to the Hainan provincial government for help to survive.

At the request of Hainan Airlines, the Hainan provincial government will take the lead to form a joint working team with relevant departments to help the airline company manage its risks, the company said on Saturday.

While the outbreak of the novel coronavirus has affected regular ways of transport, charter flights have been organized to bring workers back to Southwest China's Tibet autonomous region to resume construction of the region's major projects.

Shares in HNA Group-controlled companies rose on Monday after the Chinese aviation and tourism conglomerate said it had asked the government to help it resolve liquidity risk caused by the coronavirus outbreak which has put heavy pressure on the airline industry.