Winning bid shows what airspace might cost in China’s ‘low-altitude economy’
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…