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Airbus grabs more market share as China continues opening-up
China is the largest single market for Airbus in terms of fleet size, and the number of aircraft delivered by Airbus to China each year accounts for nearly one-quarter of global deliveries.
China needs $1.3 trillion worth of new planes in 20 years, Boeing says
Chinese airlines will need to buy 8,090 new planes in the next 20 years, or about USD 1.3 trillion worth of aircraft, according to a report published by Boeing.
Kambr raises $4 million to help airlines manage online bookings
Kambr wants to change how airline analysts manage flight prices and inventory and the goal is to build an ad-tech product that helps airlines target potential customers.
Airbnb leads $20 million funding round into Atlas Obscura
Airbnb will offer users the ability to book Atlas Obscura trips and events through Airbnb’s site and mobile app.
Ctrip to focus on recruiting and attracting talent outside China
With international business featuring prominently in Ctrip’s expansion plans, the team acknowledges the significance of recruiting proficient local talent in each market.
Ctrip takes global expansion to reduce risks from geographic uncertainties
Trip.com has achieved "quite sustainable profitability" in Hong Kong, and is very close to break-even point in Japan and South Korea, according to CEO Jane Sun.
Ctrip reports 19% rise in net revenue, proposes to change company name to Trip.com Group
Accommodation reservation revenue climbed 21% to RMB 3.4 billion (US$497 million) and transportation ticketing revenue increased 13% to RMB3.4 billion (US$496 million).
Shanghai retains top spot for meetings & events in Asia Pacific
China, once again, netted the most entries, including Beijing and Chengdu, and continues to drive M&E activity in the region.
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Meituan's in-store, hotel & travel revenues rise 39.3% in Q3
Trip.com Group works with Kayak to offer car rentals in Asia Pacific
Chinese tourists spend $127.5 billion on outbound travel in 2019
Tourplus raises $400k by Chinaccelerator and private investor
China's inbound tourism revenue to surpass $130 billion in 2019
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