China Considers Financial Aid for Airlines Hit by Oil Shock

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000China is considering financial relief and other measures for its struggling state-run airlines as the Iran war sends fuel costs soaring, according to people familiar with the matter, in what could be the industry’s biggest lifeline since the Covid pandemic.Government subsidies, preferential tax treatment and state-backed low-interest loans are options being explored by authorities, said the people, who asked not to be identified due to the sensitivity of the matter. Mergers are also being considered, they said.