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Foreign airlines exploring diverse options for distribution in China
The interplay of ecosystems and travel e-commerce is driving foreign airlines to explore what the likes of Meituan and Tongcheng Elong have to offer.
Visa-free Chinese tourism makes its mark in South East Europe
Chinese travelers to Serbia by air increased 22% and to Bosnia and Herzegovina rose almost 50% in January to May 2019 due to the visa-free policy.
EbixCash takes over Cox & Kings’ business travel unit in India
Cox & Kings is $500 million in debt. Fears are rising that the company may meet the same fate as Thomas Cook, the world-famous travel brand which collapsed after 178 years in the industry.
Beijing’s giant new airport helps China rival U.S. in the skies
Within two decades, annual passenger traffic in China’s skies will reach 1.6 billion, more than the country’s population today.
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.
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.
American Airlines writes down a quarter of its investment in China Southern
The $52 million of mark-to-market net unrealized losses would equate to 26% of American Airlines' original $200 million investment in China Southern made two years ago.
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.
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