China To Inject $1.6B Into Airlines, Airports

Credit: Tony Vingerhoets/Alamy Stock Photo
SINGAPORE—The Civil Aviation Administration of China (CAAC) will be pumping CNY3 billion ($446 million) into each of the country’s big three state-owned airlines—Air China, China Southern Airlines and China Eastern Airlines—CNY9 billion total, as the country’s aviation sector remains at less than 40...

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