Chinese Airlines Hope a Cut in Levies Will Boost Profits

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05 Apr

Air China plane seen at Beijing International Airport. Chinese airline shares surged after the government announced plans to slash infrastructure levies charged to the companies.
Qilai Shen / Bloomberg

Skift Take: China’s top three carriers are set for a total savings of $500 million (3.74 billion yuan) after July 1, when the government will slash in half the airlines’ mandatory contributions to a civil aviation investment fund. The country is determined to smooth out a recent downshift in its economic growth.

— Sean O’Neill

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what to do in los angeles things to do in los angeles fun things to do in los angeles The post 10 Things to Do in Los Angeles (That Aren’t the Hollywood Sign) appeared first on The Blonde Abroad.

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Chinese Airlines Hope a Cut in Levies Will Boost Profits

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