Search results for “capacity cut”
CAAC to implement flight reduction at major Chinese airports
09/27/2017|8:42:52 AM|
CAAC will require airports to adjust flight schedules. Beijing Capital Airport and Shanghai Pudong Airport aim to cut departures to 75% of their capacity.
China Southern’s 2015 net income exceeds RMB 3.7 billion
01/28/2016|11:16:34 AM|
China Southern Airlines finished the year of 2015 with flying colors, reporting net income estimated to exceed RMB 3.7 billion, the preliminary estimate of net income attributable to shareholders in 2015 shows y-o-y increase of between 110%-130%.
China Eastern’s LCC ambition takes off on a strong note
08/26/2015|8:42:11 AM|
China Eastern Airlines has set up new subsidiaries in order to ensure its LCC venture, China United Airlines, takes off on a strong foundation.
Chinese carriers to spend over US$4 billion on planes to meet long-haul flight demand
07/21/2015|2:49:31 PM|
The Chinese aviation sector's turnaround is attributed to lower fuel costs and explosive growth in international air routes.
Air China to buy 15 B787s after US$1.9 billion private offering
07/29/2015|9:00:44 PM|
Air China said the private offering will be to buy 15 Boeing B787 aircraft, upgrade its direct sales ecommerce operations, onboard Wi-Fi and cash reserves.
B2B hotel booking platform Ziztour gets A Series financing
07/07/2015|5:35:37 PM|
Hotel B2B online direct sales platform Ziztour announced it received 100 million yuan from investors led by Legend Holding in its A Series financing round.
China Southern determined to divert sales from ticketing agents to own website
06/05/2015|7:11:56 AM|
China Southern isn't letting up the pressure on ticketing agents with another notice stipulating sales by official website only under certain circumstances.
Jinjiang aims to overtake Hilton within five years
03/02/2015|9:49:28 AM|
Jinjiang Holdings purchase of Starwood Capital Group’s Louvre Hotel Group is its latest move to surpass Hilton Hotels globally in five years.
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