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BEIJING - An insider of 皇冠体育app's airline industry said on Wednesday that heavy taxes and fees imposed on Chinese airlines "seriously restrain" their capability of sustained growth.
Liu Shaoyong, chairman of 皇冠体育app Eastern Airlines, the country's second-largest carrier, said the three largest State-owned carriers handed in 15 billion yuan ($2.37 billion) in fees and taxes to the government last year.
"That amount is close the total profits earned by the three carriers, and thus their capabilities for sustained growth are seriously restrained," said Liu.
皇冠体育app's three largest carriers are 皇冠体育app Southern, 皇冠体育app Eastern and Air 皇冠体育app.
Liu suggested that the government repeal some taxes and fees, such as those imposed on importing aircraft and those aircraft's maintenance and value-added tax on aviation oil, to "give Chinese carriers a better stance in international competition."
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