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Search results for “budget carrier”
Cathay Pacific eyes investment in Hong Kong Express Airways
02/28/2019
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3:57:43 PM
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Cathay Pacific has held preliminary talks with HNA about acquiring minority stakes in Hong Kong Express Airways and Hong Kong Airlines.
100,000 pilots in China to take the largest share in APAC through 2034
12/12/2018
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9:46:51 AM
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Boeing anticipated there would be 226,000 new commercial airline pilots and 238,000 new aircraft technicians in the Asia-Pacific region through 2034, with China taking the largest share-100,000 pilots and 106,000 technicians.
Carriers eye paid add-on services to lift revenue
11/30/2018
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9:45:29 AM
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In the past decade, the ancillary revenues of the top 10 carriers with the biggest portion of such revenues surged from USD 2.1 billion in 2007 to USD 29.7 billion in 2017, at an annual compound growth rate of 30%.
Wanda unveils mid-end hotel brand, Shangri-La ties up with Klook, and more
12/10/2018
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11:54:46 AM
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Visa-free entry to the EU may add €12.5 billion more tourism spending from Chinese visitors every year. Budget airlines in China are actively growing ancillary revenues, while state-owned carriers only provide prepaid seat selection options for international flights.
Budget carrier Lucky Air gets more capital injection from investors
12/15/2016
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4:27:10 PM
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A group of investors including Hainan Airlines plan to inject more capital into Lucky Air, increasing the LCC’s registered capital from USD 247 million to USD 489 million.
Meituan realigns hotel & travel units, Alibaba and JD.com embark on hotels, and more
11/05/2018
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10:49:13 AM
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Meituan Dianping has restructured its organizations and repositioned its hotel & travel businesses, Alibaba and JD.com made moves into the hotel sector and Didi will likely follow suit.
LCC Spring Airlines buys into China Southern
09/29/2018
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10:25:57 AM
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The low-cost carrier said that it would spend 846 million yuan ($123 million) to acquire 1.63% of China Southern's A-share nonpublic offering, making it the fifth largest shareholder in the airline.
AirAsia's $100m China hub deal collapses as bilateral relations cool
09/04/2018
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5:40:03 PM
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China once contributed about 40% of sales across the group, even though Chinese cities account for only about 15% of AirAsia's destinations.
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