CAAC Grants 1 Billion Yuan Subsidy to Boost Regional Aviation in 2017
By Lena Ge, China Aviation Daily | Jan. 10, 2017
To boost regional aviation, thirty-one Chinese carriers will receive 987.6 million yuan in subsidies for operating regional routes in 2017, the Civil Aviation Administration of China (CAAC) announced on Friday.
Among the 31 domestic carriers, Shanghai-based China Eastern Airlines will continue to get the most with 176 million yuan (for routes in Southwest China), followed by Lhasa-based Tibet Airlines with 152 million yuan. Tianjin Airlines and Guangzhou-based China Southern Airlines will receive 136 million yuan and 121 million yuan, the third and fourth most among the 31 airlines, respectively.
Data shows that over 75% of the subsidy will go to the CAAC Southwest Regional Administration, North China Regional Administration and Xinjiang Regional Administration, with the Southwest Regional Administration to get 48.81%, and 26.4% of the subsidy will be allocated to support the Tibetan routes.
Other domestic carriers, which include Shanghai Airlines, Shenzhen Airlines, Hainan Airlines and Okay Airways will receive a total of 402.6 million yuan in subsidies.
In 2016, the CAAC granted 1.02 billion yuan in subsidies to 28 Chinese carriers for operating regional routes.
In addition, the CAAC issued its 2017 subsidy policy for general aviation companies in China on January 6. According to the plan, 136 general aviation companies will get a subsidy of up to 326 million yuan in 2017.
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