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Search results for “capacity cuts”
Cathay Pacific to increase international flights in late June
04/28/2020
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4:40:12 PM
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Cathay Pacific and its regional wing Cathay Dragon intend to increase their flying capacity from 3 per cent to 5 per cent between June 21 and June 30.
Hotel guests must show test results; Brands press ahead with Asia expansions | Daily Brief
04/14/2020
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11:50:30 PM
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New York-listed Chinese hotel firm expects revenue to decline by 30%-35% in Q1; Tourist attractions are only allowed to run up to 30% of full capacity.
Trip.com to borrow up to $1.5B; Airbnb lowers valuation by 16% | Daily Brief
04/03/2020
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11:02:25 PM
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An investment firm indirectly associated with Trip.com Group wants to privatize online classifieds marketplace 58.com; OYO's CEO will forego his salary for the rest of the year.
OTA giants respond to competition probe; Alibaba invests in travel tech firm | Daily Brief
04/02/2020
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12:54:11 AM
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TravelSky said it will weather coronavirus impacts in air travel without layoffs; Chinese embassy in UK is chartering a plane to bring home Chinese students.
Asia is restricting visitors; Agoda offers long-term stays | Daily Brief
03/16/2020
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11:21:21 PM
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Trip.com Group-backed hotel firm reported virus impact of RMB 20.77 million in 38 days; Scandinavian airline SAS will temporarily lay off 10,000 employees, or 90% of its workforce.
Meituan warns of pandemic-hit loss; Shanghai attractions close again | Daily Brief
03/31/2020
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12:09:00 AM
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State bank ICBC provides USD 14.5 billion in financing to cultural and tourism firms in Beijing; TravelSky processed 1,071.9 million transactions and 432.8 million BSP tickets last year.
Asian aviation rebounds slowly after a 47% decline in scheduled seats
04/23/2020
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3:12:44 PM
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The actual number of flights on China’s domestic routes have recovered slightly since the beginning of March.
Flight Plan 2020: How travel will be different a few months from now
04/21/2020
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6:11:23 PM
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The travel industry no longer represents an opportunity for quick profits.
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