You are here

China mulls cash injections, mergers to bail out airlines: sources

rk_DaxingInternationalAirportBeijing_190220.jpg
China is considering measures such as direct cash infusions and mergers to bail out an airline industry crippled by the coronavirus outbreak, according to people familiar with the matter.

[BEIJING] China is considering measures such as direct cash infusions and mergers to bail out an airline industry crippled by the coronavirus outbreak, according to people familiar with the matter.

One proposal involves allowing some of the nation's biggest carriers - which are controlled...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes