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Air China confirms SAA partnership but denies acquisition rumor
04/20/2015|3:21:25 PM|
Air China has denied rumours it is buying into South Africa Airways while confirming that it is forming a partnership with SAA.
Caissa Touristic uses shell company Easy Food to go public
04/20/2015|3:16:48 PM|
Publicly listed Easy Food will issue 432 million shares to give HNA Tourism majority control and make it a shell for HNA subsidiary Caissa Touristic.
Boeing: China’s LCC market share to reach 30% by 2033
03/20/2015|9:45:32 AM|
The LCC market will make up of 35% of the global single-aisle air transportation capacity by 2033.
Utour records 40.32% jump in revenue in 2014
04/14/2015|9:21:42 AM|
Utour reported stable growth, with 46.92% y-o-y growth in revenue for its wholesale operations and 42.03% growth in retail operations for 2014.
After an action-packed 2014, Qunar gears up for another eventful year
03/18/2015|2:26:28 PM|
Qunar witnessed growth across all the verticals last year. The company believes it can only build on its foundation from here on.
Embracing the digital transformation in China’s travel market
03/25/2015|10:19:49 AM|
To gain a better position in this eco-system, airlines have to embracing the digital transformation to refine their business model as well as the way they deal with customers and partners.
China’s carriers increase international routes to meet growing demand
04/08/2015|9:42:28 AM|
After breaking the 100 million-trip benchmark last year the market and registered an additional 10% y-o-y growth in Q1 this year.
Vienna Hotels plans to fund massive expansion with US$48 million capital
03/24/2015|9:38:07 AM|
After two successful financing rounds, mid-range Vienna Hotels Group is raising a third capital injection of RMB300 million.
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