Search results for “airline profit”
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.
Wanda calls out Disney to vie for global dominance in tourism attractions
07/24/2015|2:42:31 PM|
Wanda chairman Jianlin Wang has bared his ambition to dethrone Walt Disney Co. by achieving 200 million visits and becoming the “world’s largest tourism company”.
Chinese carriers more than double US-bound flight capacity in five years
07/20/2015|9:40:44 PM|
Chinese arrivals to the US jumped 50% in the first half of this year spurred by the new visa rule, and 70% more visas are expected to be issued this year.
Juneyao Air to raise US$574 million for fleet expansion and online travel venture
07/15/2015|9:56:36 AM|
Juneyao Air plans to raise RMB3.565 billion (approx: US$574 million) to expand its fleet and enter the online travel industry to open new sources of revenue.
Non-ticket sales expected to add US$805 million revenue for China Eastern in 3 yrs
06/26/2015|5:05:19 PM|
China Eastern is using new technology to develop value-added customer service that is expected to generate non-ticket sales revenue of RMB5 billion in three years.
China Southern sets new rules for ticketing agents and raises direct sales over 10%
05/27/2015|4:56:25 PM|
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.
Juneyao Air’s share price up 44% on first trading day
05/28/2015|9:25:09 PM|
Juneyao Air share price quickly shot up 44.01% from the issue price of RMB11.18 to the maximum limit of RMB16.10 on the first day of trading.
China’s carriers accelerate international operation expansion
05/26/2015|10:33:34 AM|
Chinese carriers have intensified their expansion of international operations recently, with all major carriers launching a more international services this year.
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