MAJOR CHINA AIRLINES GET GO AHEAD FOR BUILDING BASES AT DAXING
April 1st, 2017
CHINA’S National Development and Reform Commission (NDRC) has approved plans from China Eastern Airlines and China Southern Airlines to build bases at Beijing’s new international airport in Daxing. The operational base for China Eastern Airlines would be 1.17 million square metres, with the airline raising and sending Chinese Yuan Renminbi CNY13.2 billion (USD1.9 billion) on the project, funding 30% of the costs itself, and borrowing the rest. China Southern Airlines’ base would cost CNY14.8 billion to build. The two airlines have been projected to provide ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.