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Search results for “jobs losses”
Potential bidders circle Thomas Cook as it hires turnaround specialist
04/22/2019
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4:06:21 PM
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EU rules banning majority foreign ownership would block Fosun from running Thomas Cook’s airline arm.
Datalex in talks to raise €10m from Dermot Desmond's IIU Nominees
03/14/2019
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6:09:33 PM
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Datalex was in advanced talks with IIU Nominees about a share subscription worth €3.9m.
Traveloka has bought Indonesian rival Pegipegi, two others for $66.8 million
12/18/2018
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11:33:44 AM
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Traveloka has acquired three online travel agencies (OTAs) – Indonesia’s Pegipegi, Vietnam’s Mytour, and the Philippines’ Travelbook – for USD 66.8 million earlier this year.
ChinaTravelNews Briefing: Ctrip Car licensed to run, Meituan buys Mobike, Airbnb Plus
04/08/2018
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5:49:42 PM
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Ctrip Car gets the nod to run ride-hailing business; Meituan extends its offerings to 320 million annual active users through its Mobike acquisition; and higher fuel cost is affecting the growth of airlines.
Chinese conglomerate HNA plans 25% job cuts
03/01/2018
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2:48:37 PM
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The job cuts would be part of the group’s “weight-loss” programme for this year, the news and analytics provider reported.
Cathay nears end of tunnel with surprise second-half profit
03/14/2018
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1:49:47 PM
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Cathay reported a surprise profit in H2 2017, with a pick-up in cargo and premium-travel demand helping narrow the full-year net loss to HK$1.26 billion ($161 million), well below analysts’ expectations for HK$2.26 billion.
Flight Centre will eliminate some leisure brands
02/24/2018
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2:06:54 PM
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It expects to see results from the restructuring of its core Australian leisure market, although Graham Turner, founder & CEO, conceded that there may be some temporary downside to the removal of leisure brands.
Booking Holdings posts 19% rise in gross travel bookings in Q4 2017
02/28/2018
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9:22:15 AM
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Booking Holdings Group reported gross travel bookings growth of 19% to $18 billion in the fourth quarter of 2017. Gross profit grew 22% to $ 2.8 billion and net loss was $555 million.
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