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Search results for “Industry Subsidy”
As Western flights shut down, Chinese routes are opening again
03/27/2020
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12:58:40 AM
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The recovery has already begun on domestic routes with capacity rose from 4.2m seats per week in late February to 8.6m now.
China airline passenger numbers fall 84.5% amid virus outbreak
03/12/2020
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5:03:09 PM
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China's aviation regulator said that the drop has caused a £2.35 billion fall in revenue.
Trip.com-invested hotel brand collapses; Airbnb halts marketing to save $800M | Daily Brief
03/31/2020
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11:25:59 PM
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Airbnb will suspend all marketing activities in a move which will save USD 800 million a year; China saw a huge uptick in flight searches.
Trump bans a Chinese acquisition; Booking restructures BU | Weekly Review
03/07/2020
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11:15:20 PM
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Booking.com's China director has been ousted; An Alibaba-invested outbound travel company liquidated amid virus outbreak.
China offers airlines subsidies; Finnair considers layoffs | Daily Brief
03/05/2020
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10:15:56 PM
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The head of the US Chamber of Commerce said the government will not need to bail out US airlines; Bookings from China to Canadian province declined 70% between March and October.
Chinese outbound travel firm collapses; Beijing quarantines travelers | Daily Brief
03/03/2020
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6:34:07 PM
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Japanese cruise line blamed coronavirus for its bankruptcy; Thailand projected 6 million fewer visitors this year.
Fosun Tourism raises $988M; Forward bookings in China show dramatic rebound | Daily Brief
03/23/2020
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11:34:25 PM
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Chinese tourist arrivals to Japan dropped 87.9% in February; Hainan government announced a USD 21.2 million rejuvenation plan for the island’s beleaguered tourism industry with duty free shopping at the heart.
Fosun cuts stake in Booking Holdings; OYO sees recovery in China | Daily Brief
03/26/2020
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12:49:33 AM
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The online travel company co-invested by Trip.com Group and Tencent reported over 205 million monthly active users; Hong Kong expects to see “zero visitors” for months.
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