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European airlines lead a la carte revenue estimate at $31.5 billion

European airlines lead a la carte revenue estimate at $31.5 billion

The global airline industry earned US$75.6 billion from the sale of ‘a la carte’ ancillary services in 2019.

02/20/2020|4:57:44 PM|IdeaWorksCompany
China plans to take over HNA Group and sell its airline assets

China plans to take over HNA Group and sell its airline assets

The government of Hainan is in talks to take control of the conglomerate.

02/20/2020|10:33:26 AM|CNBC
China considers airlines bailout; OYO fights to keep hotels open - Daily Brief

China considers airlines bailout; OYO fights to keep hotels open - Daily Brief

Malaysia looks to locals and non-Chinese visitors in fulfilling tourist-arrivals target; China plans to take over indebted conglomerate HNA Group and sell off its core airline assets.

02/19/2020|12:07:04 AM|ChinaTravelNews
Foreign pilots at Chinese airlines return home on unpaid leave

Foreign pilots at Chinese airlines return home on unpaid leave

Major employers of foreign pilots, including China Southern and Hainan Airlines, have acted swiftly to cut their losses.

02/19/2020|3:51:58 PM|Nasdaq
Cathay Pacific issues profit warning after coronavirus hits service

Cathay Pacific issues profit warning after coronavirus hits service

Cathay had cut 30% of flights before Monday’s announcement.

02/18/2020|5:37:03 PM|The Guardian
Virus dents bookings for IHG; Japan may lose $1.29 billion - Daily Brief

Virus dents bookings for IHG; Japan may lose $1.29 billion - Daily Brief

Even if the coronavirus outbreak ends quickly, the disruption in the supply chain will affect trade, tourism and confidence.

02/18/2020|5:22:24 PM|ChinaTravelNews
Air New Zealand reduce capacity on Shanghai and Hong Kong routes

Air New Zealand reduce capacity on Shanghai and Hong Kong routes

From 30 March, Shanghai services will be adjusted from seven return services per week to a return service every second day through to 30 April.

02/18/2020|4:02:59 PM|Scoop
Expedia suspends China listings, Europe projects 7%-25% impact - Daily Brief

Expedia suspends China listings, Europe projects 7%-25% impact - Daily Brief

Europe anticipates seeing 7%-25% less Chinese visitor arrivals this year due to virus impact, OYO's annual loss has widened sixfold, and more for the day.

02/18/2020|1:25:40 AM|ChinaTravelNews
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