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Search results for “bailout”
Accor RevPAR falls 67.7% in China; Flights show recovery signs since March | Daily Brief
04/24/2020
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12:43:36 AM
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Some 3,770 tourist attractions in China have resumed operation and launched online booking access.
Air China maintains U.S. flying; Beijing airport to transfer international flights | Daily Brief
03/19/2020
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1:03:31 AM
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The world's largest hotel chain has started furloughing tens of thousands of employees; Cathay Pacific will sell six of its Boeing 777-300ER planes to BOC Aviation.
Cathay Pacific scraps 96% of flights as virus stops travel
03/20/2020
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6:38:54 PM
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CAPA warns that most carriers will go bankrupt by the end of May without government support.
Beijing quarantines inbound travelers; airlines face bankruptcy | Daily Brief
03/18/2020
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12:45:03 AM
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Chinese airlines including Air China and China Southern are to reduce international flights in response to the coronavirus pandemic; CAPA said most global airlines will be bankrupt by the end of May.
China offers airlines subsidies; Finnair considers layoffs | Daily Brief
03/05/2020
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10:15:56 PM
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The head of the US Chamber of Commerce said the government will not need to bail out US airlines; Bookings from China to Canadian province declined 70% between March and October.
Thomas Cook collapses after investors pull the plug on survival package
09/23/2019
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5:05:05 PM
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It applied for "compulsory liquidation" with immediate effect in the early hours of September 23, putting the company in the hands of external officials to wind down business operations.
Modi renews vow to sell Air India after last attempt flopped
07/08/2019
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4:59:30 PM
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The high-profile divestment would be part of Prime Minister Narendra Modi’s efforts to raise $15.3 billion selling stakes in state-run companies.
Wanda to build USD 3.3 billion EuropaCity
02/29/2016
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11:25:48 PM
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Wang Jianlin, CEO of Wanda Group adding European project to global entertainment business and the group has been announcing a flurry of deals in 2016.
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