Global airlines have pulled flights to mainland China in reaction to coronavirus outbreak while people cut back travels, causing pain to the industry. Photo: EPA-EFEGlobal airlines have pulled flights to mainland China in reaction to coronavirus outbreak while people cut back travels, causing pain to the industry. Photo: EPA-EFE
Global airlines have pulled flights to mainland China in reaction to coronavirus outbreak while people cut back travels, causing pain to the industry. Photo: EPA-EFE

China considers cash injections, mergers to bail out stricken airlines

  • Proposals include allowing some state-controlled carriers to absorb smaller ones and outright cash injections
  • State-owned Assets Supervision and Administration Commission which oversees state firms such as airlines, says it isn’t aware of any plan

Topic |   Coronavirus pandemic
Global airlines have pulled flights to mainland China in reaction to coronavirus outbreak while people cut back travels, causing pain to the industry. Photo: EPA-EFEGlobal airlines have pulled flights to mainland China in reaction to coronavirus outbreak while people cut back travels, causing pain to the industry. Photo: EPA-EFE
Global airlines have pulled flights to mainland China in reaction to coronavirus outbreak while people cut back travels, causing pain to the industry. Photo: EPA-EFE
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