Spring Airlines saw 13% increase in revenue in the first three quarters of this year, to RMB6.325 billion, and net profit attributable to shareholders skyrocketed 83% to RMB1.202 billion. Basic earnings per share were RMB3.09.
Switzerland Tourism said that Swiss hotels had clocked up a total of 1.060 million nights from Chinese tourists in the first eight months of this year, up 33.9% y-o-y.
Uber China announced it will invest RMB63 million to establish an operations center in Wuhan city’s Donghu New Technology Development Zone.
China signed an order with Airbus worth US$9.7 billion for 100 A320 aircraft during the talks between German Chancellor Angela Merkel and Chinese Premier Li Keqiang.
LY.com has announced it has acquired a majority stake of Nantong Huihuang Travel for an undisclosed sum and gains access to Taiwan tour operations .
Online travel guide service Koudaidipei has received a multi-million USD investment from an overseas venture capital.
Zhejiang province has committed a total of RMB8 billion for airport development 11 cities in the province before 2020.
China’s State Council has given the green light to a pilot project that enables qualified Sino-foreign joint venture tour operators in Beijing to conduct outbound tourism.
