Originally Posted by
percysmith
I was looking at Japanese airports too (thinking about Jetstar Japan and Airasia Japan), thinking they'd all be Govt controlled. But I was wrong
http://www.kansai-airports.co.jp/en/...aiairports.pdf
It's the usage of Consolidated Surplus coupled with anti-competitive policies that makes it a subsidy.
I have no idea how Singapore funds its airport expansion, they could have funded it out of Singapore Consolidated Surplus or Temasek for all I care. But they let an Australian airline set up shop there.
But it doesn't change the fact that majority of airport is owned by government.
undoubtedly, CX gets a lot of benefit from hk aviation policy as a de facto flag carrier like" 1 route 1 carrier". Dragonair finally become subsidary of CX. But it is quite common in 1980s. British government project BA too.
However, it does not mean the government has subsidise the carrier.
AA use its surplus to fund the construction is fine and not a type.of subsidy. After 1997 handover, there is still new carrier set up and operate in HK.
Cx is a international carrier and it must face competition.CX cannot be monopoly.