China’s Hainan Airlines and its subsidiary carriers received CNY667 million ($99 million) in government support in 2018, primarily as subsidies for aviation services. The amount was equivalent to 20% of the airlines’ net profit for the year, the company said in a Jan. 29 Shanghai Stock Exchange report. Subsidies for aviation services amounted to CNY563 million, the airline said; the remainder likely included such things as rewards from cities for increasing traffic at their ...

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