A state-owned aviation company has won the right in the eastern city of Jinan to provide services for a government-supported segment of the economy being built on the promise of drone-delivered packages and sightseeing tours in flying cars.
Shandong Jinyu General Aviation bid 924 million yuan ($127 million) for 30-year rights to operate services such as flight training and aerial logistics in the low-altitude airspace of Pingyin county in the Shandong provincial capital, according to a notice published Tuesday by the Jinan Public Resources Trading Center.
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