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Fosun-invested customized travel agency Shijiebang goes under

The pandemic is just a catalyst for the collapse of Shijiebang.

06/15/2020|10:30:19 PM|ChinaTravelNews

Cathay unveils $5B bailout plan; Asian countries to build more travel bubbles | Weekly Review

China's aviation regulator plans to increase international flights as the demand is skyrocketing; Thailand said China, Japan are interested in travel bubbles.

06/14/2020|10:50:01 AM|ChinaTravelNews

TravelSky adds China Eastern as investor for its mobile app

TravelSky Mobile Tech is seeking monetization and profitability through a series of reforms including this capital restructuring plan.

06/14/2020|10:31:56 AM|ChinaTravelNews

TravelSky adds China Eastern as investor of App; Airbnb China sees recovery | Daily Brief

Chinese air traffic is rebounding with each of the biggest three airlines operating around 1,000 more flights per week by the end of May; Cathay Pacific saw a 99.6% drop in passenger traffic in April.

06/13/2020|11:36:32 AM|ChinaTravelNews

China further opens up aviation; Asian nations mull broader travel bubbles | Daily Brief

Thailand said countries including China and Japan are interested in travel bubbles; China decided to introduce the Seventh Freedom of the Air in southern province Hainan.

06/11/2020|10:45:13 PM|ChinaTravelNews

China's air traffic decline slows down; Global aviation losses to top $84 billion | Daily Brief

The Chinese air passengers were down by 52.6% year-on-year in May, compared with a 68.5% year-on-year decline in April; Skyscanner finds post-COVID travel anxiety is easing.

06/11/2020|7:18:45 AM|ChinaTravelNews

Online leisure travel firm Tuniu reports a 61.9% revenue decrease in Q1

The company expects its second-quarter net revenues to drop by 86% to 96%.

06/10/2020|9:04:47 PM|ChinaTravelNews

China alerts citizens over US travel; Airline unveils $5 billion bailout plan | Daily Brief

The Hong Kong carrier said there will be another round of executive pay cuts and voluntary special leave scheme for employees; Ocean Park, Disneyland will reopen soon.

06/09/2020|11:38:09 PM|ChinaTravelNews
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