JOURNAL ARTICLE

China Eastern Pulls Madrid Flight as Subsidies Come Under Threat.

  • Published In: Bloomberg.com, 2024. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Lee, Danny 3 of 3

Abstract

China Eastern Airlines is discontinuing its twice-weekly flight from Wenzhou to Madrid due to a crackdown on subsidies for international flights from smaller Chinese cities. The Civil Aviation Administration of China is seeking to regulate these flights, which are often supported by financial incentives from local governments. The policy changes come as mainland carriers increase international services, while foreign carriers are pulling out. European carriers have also raised concerns about China's use of Russian airspace to offer cheaper flights. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2024/10, pN.PAG
  • Document Type:Article
  • Subject Area:Business and Management
  • Publication Date:2024
  • Accession Number:180251062
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