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Search results for “oil”
China to invest $80 billion in 193 aviation projects this year
06/25/2015
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1:58:02 PM
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China will invest 500 billion yuan in 193 major domestic aviation projects this year, CAAC said, to bolster growth as the world's second-largest economy slows.
Chinese brothers become latest airline tycoons with Juneyao Air IPO
05/27/2015
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1:00:00 PM
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Two decades ago, the Wang brothers sold flavored milk and yogurt to children in China. Last week, they sold shares in their airline in an IPO to become millionaires.
Embracing the digital transformation in China’s travel market
03/25/2015
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10:19:49 AM
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To gain a better position in this eco-system, airlines have to embracing the digital transformation to refine their business model as well as the way they deal with customers and partners.
Tourism growth puts Macau at top of urban economic performance index
01/23/2015
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9:49:22 AM
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Cities in the developing world, especially China, dominated the top of the annual economic rankings of 300 cities worldwide.
Wearables enter the personalization fray in travel
02/25/2015
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4:36:53 PM
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As airlines look at multiple sources for data to create personalized offers, intelligence from smart glasses and smart watches could start to play an important role as consumer adoption increases.
New York’s Baccarat Hotel fetches record valuation from Chinese buyer
02/07/2015
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10:13:28 AM
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A Chinese insurer agreed to buy New York’s Baccarat Hotel for more than $230 million.
Casino-like hedges seen hurting airlines as crude plunges
12/05/2014
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4:29:06 PM
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Some Asian carriers, like Singapore Airlines Ltd. (SIA), have hedged fuel at an average of $116 a barrel of jet fuel, when spot market rates are about $85. That can result in losses on paper as airlines will have to account for their hedges or pay charges to unwind contracts prematurely.
You Pay More to Fly as Airlines Spend Less: Globetrotte
10/30/2014
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2:58:57 PM
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Air travelers filling planes in the U.S. at a record pace are missing out on the fuel savings that motorists are finding at the pump.
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