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China’s State Council policies to promote tourism investment and consumption
07/31/2015|8:58:24 PM|
PRC State Council has included policy for promoting tourism investment and consumptionon the agenda of its recent executive meeting.
Merger speculations ruled out for China’s top carriers
07/31/2015|8:56:34 PM|
Rumors of a merger of China’s top three carriers were laid to rest but the industry continues to speculate the carriers may consolidate their air cargo operations.
Air China to buy 15 B787s after US$1.9 billion private offering
07/29/2015|9:00:44 PM|
Air China said the private offering will be to buy 15 Boeing B787 aircraft, upgrade its direct sales ecommerce operations, onboard Wi-Fi and cash reserves.
Tourism B2B platform Piao Guanjia aims for New Third Board listing by year end
07/29/2015|5:57:06 PM|
Piao Guanjia announced it will apply to list on China’s New Third Board (OTC market) and would list as early as the end of the year.
Utour aims to improve travel industry financial services with small loans company
07/29/2015|4:14:25 PM|
Utour announced it will set up a small loans company in Guangzhou with RMB100 million registered capital.
Korea expects full tourism recovery from MERS impact by August
07/28/2015|5:37:50 PM|
Korea’s tourism industry is emerging from the unexpected blow of MERS and anticipates a full recovery by August this year.
Joy Air and Okay Airways mull JV
07/28/2015|5:04:39 PM|
Joy Air and Okay Airways are planning to start joint operations of auxiliary regional air routes with the possibility of merging the routes under a new joint venture.
Spring Airlines dabbles in hotel industry with Japanese airport hotel plan
07/28/2015|2:34:35 PM|
Spring Airlines will build a hotel at the Centrair Airport, Japan. The planned hotel will have 250-300 rooms and 14 floors and will open in 2016 or 2017.
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