China's CAAC Cuts Charges for Overseas Carriers by 20 Percent from May-July

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Last updated at: (Beijing Time) Monday, May 19, 2003

China's CAAC Cuts Charges for Overseas Carriers by 20 Percent from May-July

The Civil Aviation Administration of China, or CAAC, is to cut charges on overseas carriers using the country's airports and routes by 20 percent from May to July, to help offset the impact of SARS.

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The Civil Aviation Administration of China is to cut charges on overseas carriers using China's airports and routes by 20 percent from May to July.

CAAC sources say the fee cuts will not apply to domestic airlines as the central government has already exempted their contribution to the national aviation infrastructure construction fund for the May-September period.

China is to exempt or cut taxes on sectors affected by the SARS epidemic for five months starting May 1st in an attempt to alleviate the financial burden on companies hit by the impact of the virus.

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