Purveyors of services beyond aviation and accommodation depend on it. Chinese tourists spend lavishly on overseas jaunts, around double the global average.
Throughout March and April, air travel continued to pick up slowly until it received a fillip from the Labor Day holiday at the start of May.
CAAC is allowing domestic and foreign airlines to apply for “green channels” for chartered flights to China.
The company expects net revenue to decrease by 67% to 77% year-over-year for the second quarter.
TravelSky wants to explore monetization for the Umetrip app; China plans to allow chartered passenger flights from eight countries as it loosens restrictions on inbound travel.
The number would be increased to 407 a week from June 1.
The Civil Aviation Administration of China would view such a move as an expansion and could block Cathay from keeping access to 20 mainland routes flown only by Dragon.
That stop, despite appearances, is not to improve connectivity for travelers, but instead to ensure that none of the carrier’s crews have to disembark in China.
Reorganization can be either a forcing mechanism or cutting things that are promising.
Cirque du soleil founder Guy Laliberte says he wants to buy back the internationally celebrated circus company he created more than 35 years ago.
The funding will be used to expand React Mobile’s safety platform, which enables hotel management to send resources to the exact location of a staff member in an emergency within seconds.
With consumer behaviors and expectations changing rapidly, travel companies need to adjust their strategies to meet consumers’ needs in meaningful ways.
A total of 26,143,500 ordinary shares in the OTA have been placed at a price of 257.5p per share representing almost 20% of the company’s existing issued share capital.
The company is hiring for as many as 90 new positions at the W Chengdu, 77 at the Shenzhen Renaissance, and another 60 at the Shenyang Marriott.
The NBA season has been suspended since March, but the league has been making a push to resume action, potentially in one unlikely location.
Bain's Virgin 2.0 will be an airline for all Australians, with Australian management and staff, funded by significant Australian money, and Bain Capital, which has been investing in Australia for more than 20 years.
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