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Cathay unveils $5B bailout plan; Asian countries to build more travel bubbles | Weekly Review
06/14/2020
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10:50:01 AM
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China's aviation regulator plans to increase international flights as the demand is skyrocketing; Thailand said China, Japan are interested in travel bubbles.
China alerts citizens over US travel; Airline unveils $5 billion bailout plan | Daily Brief
06/09/2020
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11:38:09 PM
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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.
Air Canada looking to quit Transat deal
06/04/2020
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2:34:38 PM
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The transaction has been under close scrutiny for months and faces closer examination in Europe, which will take up to 90 days.
Trip.com Group buys OTA Travix; Tuniu receives Nasdaq compliance warning | Daily Brief
05/23/2020
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11:46:32 AM
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The hotel sector is heavily impacted by COVID-19 and brands could lose up to USD 14 billion of cumulative brand value; China dismisses suspending applications for private passports as a rumor.
ANA partners Skyscanner on direct booking; Travelzoo furloughs global workforce | Daily Brief
03/28/2020
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12:28:17 AM
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Three Chinese airline partners work with KLM to support the Netherlands's virus containment; Hong Kong Disney extends ticket expiry date.
Beijing quarantines inbound travelers; airlines face bankruptcy | Daily Brief
03/18/2020
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12:45:03 AM
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Chinese airlines including Air China and China Southern are to reduce international flights in response to the coronavirus pandemic; CAPA said most global airlines will be bankrupt by the end of May.
Airbnb loses $276M in Q4; Trip.com taps into virtual banking | Daily Brief
03/13/2020
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10:12:26 PM
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Expedia is withdrawing its adjusted EBITDA guidance due to growing virus impact; Global hotel transaction volumes in 2019 reached USD 66 billion last year.
Travelzoo closes failing Asia Pacific business after it loses $7.5 million in 2019
03/13/2020
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12:42:28 PM
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With Asia Pacific accounting for 5.7% of its global revenue, Travelzoo anticipates that the move will not have any negative impact on its business.
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