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WAPA

Airlines
01:52 pm - Monday

Chinese government grounds East Star Airlines: too much debts

Beijing, China - The international crisis is putting small airlines on their knees

(WAPA) - The heavy debts that pressing over the private carrier East Star Airlines forced Chinese government to retire its flight license. To announce it a transport department spokesman, Tan Shizhang. "The main reason - he said - is due to the airline not being able to pay back its heavy debts, which has lead to operational difficulties".

Differently from the big national air companies (Air China, China Eastern e China Southern) small carriers didn't get any government aid to face the downturn and are now challenging enormous difficulties due to the lowering of air traffic. (Avionews)
(042)

090316135247-1101246
(World Aeronautical Press Agency - 2009-03-16 01:52 pm)


 

 

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