Haikou issues policy incentives to develop its air transport market
Recently, the Haikou municipal government has extended considerable support in the development of the air transport market, with a series of new favorable policies being issued to attract airline companies to open more flights in Haikou.
According to the new policies, each newly registered aircraft of Haikou-based airlines, which have over 10 flights every month to or from Haikou Meilan Airport, will be awarded 3 million yuan.
Besides, a subsidy of 150,000 yuan will be presented to each newly added regular transcontinental flight to Haikou Meilan Airport.
At the same time, newly added domestic flights to Haikou will receive a subsidy of 15,000 yuan in its first year, 13,000 yuan in second year, 11,000 yuan in third year.
In 2014, each 8% increase in the passenger throughput of the Haikou Meilan International Airport will be awarded 3 million yuan, 1 million yuan will be added for each 1% growth.
From 2006 to 2012, Haikou invested a total of 205 million yuan to promote its air transport market.