Hainan Airlines Group received USD54m in government subsidies in 2019

21 January, 2020

Hainan Airlines Group announced (21-Jan-2020) the group received government subsidies of CNY364.2 million (USD54 million) in 2019. Details as follows:

  • Group subsidy: CNY364.2 million (USD54 million);
    • Hainan Airlines: CNY281.3 million (USD42.2 million);
    • Air Changan: CNY27.1 million (USD4.1 million);
    • Lucky Air: CNY25.7 million (USD3.8 million);
    • Guangxi Beibu Gulf Airlines: CNY13.2 million (USD2 million). [more - original PR - Chinese]