The Civil Aviation Administration of China (CAAC) has issued its 2016 subsidy policy for 152 small civilian airports, which will receive subsidies amounting to 1.31 billion yuan next year, according to an announcement released on CAAC's website on Thursday.
According to the announcement, 152 small airports are among the beneficiaries and each will get a subsidy ranging from 1.11 million yuan to 18.16 million yuan.
Among the 152 airports, Jiuzhai Huanglong Airport will get the most subsidiary (18.16 million yuan), followed by Kashgar Airport (17.34 million yuan) and Aksu Airport (15.92 million yuan).
It is learnt that most of the small airports are suffering losses due to insufficient traffic flow and have to be subsidized by the government to survive.
The money will come from the Civil Aviation Development Fund. The Finance Department of CAAC is now soliciting public comments on the announcement until Dec. 5, 2015.
The A350-1000ULR (MSN 707), the first of 12 aircraft ordered by Qantas has completed its first flight in Toulouse, France. The aircraft, fitted with special flight test instrumentation, flew for three...
U.S.-based aircraft management, fractional ownership, jet cards, and charter services operator Airshare is equipping its fleet of Embraer Phenom 300s with the Gogo Galileo HDX system. The up...
AERO 2027, taking place from April 14-17, 2027, will feature a further developed concept designed to build on the great success of this year’s event. In 2026, 860 exhibitors from 50 countries to...
Air passenger rights in Europe are at a critical crossroads. On June 2, the European Union’s Conciliation Committee will meet for a final round of negotiations on the revision of the European re...
