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Air China confirms SAA partnership but denies acquisition rumor
04/20/2015|3:21:25 PM|
Air China has denied rumours it is buying into South Africa Airways while confirming that it is forming a partnership with SAA.
Hainan Airline to raise US$3.8 billion in private offering
04/14/2015|9:21:28 AM|
Hainan Airlines plans to make a private offering of 6.593 billion shares at a minimum of RMB3.64 per share to raise up to RMB24 billion.
HK and Macau tour operators enter the Guangdong free trade zone
04/22/2015|3:14:30 PM|
Guangdong Free Trade Zone has been launched with five tour operators each from Hong Kong and Macau to operate group tours for mainland travelers.
Hainan Airlines’ subsidiary Fuzhou Airlines challenges dominance of Xiamen Airlines
03/27/2015|4:22:32 PM|
The arrival of Fuzhou Airlines is a direct challenge to Xiamen Airline’s long-standing dominance in Fuzhou.
Caissa Touristic uses shell company Easy Food to go public
04/20/2015|3:16:48 PM|
Publicly listed Easy Food will issue 432 million shares to give HNA Tourism majority control and make it a shell for HNA subsidiary Caissa Touristic.
China Southern to expand Hainan operation in next five years
04/21/2015|3:15:02 PM|
China Southern Airlines will expand its fleet in Hainan to more than 40 aircraft and have fixed assets of RMB18 billion by 2020.
Luring Chinese for international travel – a game that is getting bigger and bigger
03/26/2015|7:24:39 AM|
Foreign tourism boards are trying to capitalize on this opportunity as international travel is increasingly getting more accessible for Chinese households.
Spring Airlines rides on lucrative international operation to challenge Air Asia
03/25/2015|9:08:53 AM|
Spring Airlines is set to increase its total capacity for international flights from 20% in 2014 to 30% this year, and Air Asia as its international operation expands.
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