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Search results for “debt”
Intelsat makes USD 400 million bid for Gogo’s in-flight Wi-Fi service from bankruptcy
09/02/2020
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6:37:49 PM
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Intelsat may need to make further investments in Gogo to keep it competitive.
China caps capacity of "high-risk" flights; IHG partners with Ant Group | Daily Brief
09/02/2020
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12:36:28 AM
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Meituan reports the world’s highest hotel room nights in Q2; Smart tour guide operator Lvji reports a net loss of $11.7 million.
Chinese-owned Swissport agrees emergency takeover
09/01/2020
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11:25:16 AM
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The pandemic has forced Swissport, which is active at 300 airports in 47 countries, to shed 17,000 of its 64,000 global staff.
Accor’s occupancy rate in China reaches 60% in H1 2020
08/05/2020
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4:51:59 PM
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RevPAR dropped 59.3% in the first-half 2020.
Cirque du Soleil creditors win control, TPG and Fosun wiped out
08/20/2020
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7:28:36 AM
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They committed to setting up a $15 million fund to pay laid-off employees and another $5 million for contractors, according to the bid document.
Air travel’s sudden collapse will reshape a trillion-dollar industry
08/14/2020
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6:22:38 PM
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In 2019 they helped generate revenues of $170bn for the world’s airports and $838bn for airlines.
Ctrip invites funds to buy out China’s travel dip
07/29/2020
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8:53:46 PM
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Ctrip had $600 million of net cash at the end of March, giving interested parties the option of loading on debt to juice returns.
Travelport strikes deal with creditors that for now could save it from bankruptcy
07/24/2020
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12:28:32 PM
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Travelport can continue to pursue its modernization strategy and service customers even if it loses that battle.
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