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Search results for “cost cut”
Europe's airline industry is consolidating
05/01/2019
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4:53:23 PM
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It is estimated that more mid-sized carriers will be swallowed by five airline groups—Lufthansa, IAG, Air France-klm, Ryanair and easyJet over the next five years.
Corporate travel survey reveals trends shaping booking behaviour in Asia Pacific
05/07/2019
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1:14:15 PM
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Corporate travel is on the rise in the region, but people are doing it differently.
China's local governments get told to cut ticket prices at scenic spots
04/01/2019
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9:11:54 AM
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The National Development and Reform Commission has been making efforts to cut ticket prices to promote tourism.
Weak Asia weighs on Accor first-quarter hotel room revenue growth
04/19/2019
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12:11:06 PM
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RevPAR in the Asia Pacific region contracted 0.6% in the quarter, RevPAR in China alone fell 3%.
Hong Kong Airlines reportedly seeks $255 million to keep licence
04/16/2019
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11:59:58 AM
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Executives discussed raising HK$2 billion via share placements and such a move would significantly dilute the holdings of shareholders if they do not participate.
Cathay Pacific to buy budget airline HK Express from HNA for $628m
03/27/2019
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8:14:52 PM
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The purchase price comprises HK$2.25 billion of cash and HK$2.68 billion of non-cash consideration through promissory loan notes.
Why the world’s first robot hotel was a disaster
03/28/2019
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5:12:04 PM
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The hotel recently decided to lay off more than half of its 243 robots.
Datalex in talks to raise €10m from Dermot Desmond's IIU Nominees
03/14/2019
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6:09:33 PM
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Datalex was in advanced talks with IIU Nominees about a share subscription worth €3.9m.
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