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Search results for “fuel price”
Blockchain will disrupt Expedia and Airbnb, TUI CEO says
07/13/2017
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11:31:02 AM
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Blockchain is an immutable database which, due to its security and decentralized nature, can pose a threat to traditional intermediaries. Companies are looking to expand blockchain to tackle travel distribution landscape.
Priceline Group CEO: online travel in China may still witness “significant volatility”
06/19/2017
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1:58:57 PM
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Priceline CEO Glenn D. Fogel believes that price is still incredibly important in China's OTA market. The key of setting up a brand in China is to understand ecosystems – Baidu, Alibaba and Tencent.
HNA slows M&A pace after US$50b buying spree in past 2 years
06/06/2017
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8:49:20 PM
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As the global market is increasingly complicated, the HNA Group will slow down in making acquisitions, having amassed overseas assets to make up 30% of its portfolio that contribute to half of the group’s revenue.
Cathay Pacific makes biggest job cuts in 20 years
05/22/2017
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9:44:21 AM
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Cathay Pacific is cutting 600 jobs, its biggest headcount reduction in almost two decades, as it seeks to return to profitability in an industry battered by falling ticket prices.
Air China profit drops 39.79% in Q1 2017 as oil rises, yuan weakens
04/28/2017
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7:15:22 PM
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Air China's net profit fell nearly 40% in the first three months of 2017, hit by rising oil prices and weakness in the yuan.
Cathay Pacific records first annual loss since 2008 on Chinese rivals' price cuts
03/15/2017
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6:44:05 PM
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Hong Kong airline Cathay Pacific Airways reported its first loss in eight years after competition from Chinese airlines and losses from fuel hedging dented earnings.
2017 predictions: Airline technology’s transformational year
12/28/2016
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4:24:05 PM
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Looking into 2017, NDC will finally gain traction, ancillaries are starting to move mainstream, artificial intelligence, machine learning and deep learning will start to find their way into technology platforms.
Airline classes turn into segments with greater variety of prices
01/03/2017
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3:54:13 PM
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Delta Air Lines is plunging deep into segmentation, industry parlance for dividing an aircraft into multiple fare levels that offer different perks and restrictions.
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