A Chinese Airline was fined after it sold airline tickets for prices as low as 1 yuan or 13 cents. The discounted flights usually sell for 910 yuan or $116 including taxes.

An official from the Jinan Price Buearu said airlines are restricted from offering dicounts for more than 45 percent on the government-set price.

Spring's Jinan Spring Holiday Travel Agency were fined 150,000 yuan or $20,000 for selling more than 400 tickets from Shanghai and the eastern city of Jinan at the discounted price.

The discounts may have been Spring's way to win some business in an industry dominated by three government-run airline groups.