Search results for “loan”
Travelport strikes deal with creditors that for now could save it from bankruptcy
07/24/2020|12:28:32 PM|
Travelport can continue to pursue its modernization strategy and service customers even if it loses that battle.
China shows strong desire for trips; HNA Group gets US bailout funds | Daily Brief
07/09/2020|5:30:33 AM|
Consumers turn to duty-free as outbound tourism halted; Airlines explore new ways to offset economic losses.
Britain's air bridges exclude China; Skyscanner launches Fare Families | Daily Brief
07/06/2020|10:14:36 PM|
Airlines in China rolled out discount packages one after another hoping to recoup money and boost consumption; Young tourists show growing interest in domestic travel but shrinking willingness to travel abroad.
Monaker Group enters into agreement to acquire technology leader HotPlay and 33% interest in Axion
07/27/2020|10:44:54 PM|
Gaming and in-game advertising are booming and the IGA application for travel advertising is expected to be substantial.
Booking Holdings takes solitary path without offering financial relief to partners
06/10/2020|5:40:05 PM|
These weren’t recovery programs, per se, but were part of cancellation refunds paid to consumers or property owners.
Cathay shareholders approve $5 billion plan to avoid collapse
07/14/2020|1:36:26 PM|
Cathay will sell HK$19.5 billion of preference shares with HK$1.95 billion of warrants to the Hong Kong government.
Travelport receives $500 million in fresh financing from private equity
06/08/2020|6:00:31 PM|
The fresh investment provides Travelport with the liquidity it needs to manage the sharp downturn in revenue related to a devastated travel industry due to the coronavirus pandemic.
Trip.com Group launches $500 million partner fund in Travel On initiative
06/26/2020|9:33:34 PM|
The Travel On fund aims to alleviate cash flow issues through commission waivers as well and reductions, small loans and other financial help.
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