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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)

(World Aeronautical Press Agency - )
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