On May 20, the reporter of China Securities Journal learned from a number of people in the civil aviation industry that the Civil Aviation Administration recently organized a work deployment meeting on the implementation of special support policies for China's passenger flights. According to insiders, 4500 Chinese passenger flights will receive minimum support and cash subsidies from May 21 to July 20. It is reported that the policy is applicable to all large, medium and small airlines in China.
Industry insiders said that on the one hand, the current policy helps to restore market expectations and stabilize the basic flight volume; On the other hand, it helps to maintain the professional and technical personnel of civil aviation, especially the flight crew's professional skill level. At the same time, maintain the basic operation cost of the aviation company, so as to consolidate the safety foundation of the industry.
