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Search results for “SASAC”
Travel conglomerate OCT to divest interests in two firms for 2.3 billion yuan
04/13/2017
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10:15:10 AM
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Theme park and tourism firm OCT Co. plans to divest its stakes of 100% in Taizhou OCT and 60% in OCT Vision. The two deals will be worth RMB 2.3 billion.
China Eastern widens direct sales plan to international tickets
02/09/2017
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3:41:00 PM
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China Eastern Airlines extended the ban on third-party agent ticketing to its international flights on February 6. The Shanghai-based carrier has made 46.8% of the total revenue, or RMB 19.02 billion, from direct sales in the first half of 2016.
CITS becomes a HKCTS subsidiary
07/12/2016
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3:08:07 PM
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CITS has merged with HKCTS and come under the full control of the Hong Kong-based state-owned travel enterprise.
Chinese OTA Qunar to launch airline
03/02/2016
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4:30:12 PM
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Shenzhen-based Shenhui Airlines plans to launch in 2017
Challenges ahead as CITS and HKCTS set to merge
11/09/2015
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5:53:43 PM
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The merger of two leading Chinese tour operators, CITS and HKCTS, is greeted with cautious optimism by industry observers..
China brands special part 1: Airlines - Premiumization and trust
05/26/2015
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12:02:44 PM
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Part of a three-part special series, ChinaTravelNews takes a look at the Travel industry brands that made the list. Part 1 takes a look at airlines, seeing as four of China’s largest carriers have made the list.
CTS and Mangocity merge for O2O integration
06/24/2015
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11:54:10 AM
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HKCTS Group has merged its subsidiary CTS with OTA Mangocity with CEO Jinling Li , indicating that HKCTS is taking a big leap towards O2O integration.
China Southern sets new rules for ticketing agents and raises direct sales over 10%
05/27/2015
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4:56:25 PM
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China Southern revenues from direct sales grew by 38% y-o-y in the first quarter of 2015, as it plans to lift the proportion of direct sales by 10% this year.
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