The Chinese government is considering an injection of up to $2 billion into the country's three major airlines to address balance sheet debt problems brought on by high fuel prices. Sources in the government confirmed to ATWOnline the existence of a financial injection plan, first revealed in the Asian Wall Street Journal. Beijing generally has tried to maintain a hands-off approach to the fiscal affairs of Air China, China Southern Airlines and China Eastern Airlines, but it now believes ...

Subscribe to Access this Entire Article

"Beijing draws up plans for $2 billion injection into China's airlines" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.