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Caissa joins HNA investment companies in RMB 1.2 billion LeSports funding
03/17/2016|11:13:15 AM|
Caissa Touristic plans to inject RMB 600 million in Jiaxing Fund and become a limited partner of the fund set up by investment subsidiaries of HNA Group. The fund plans to invest RMB 1.2 billion on funding sport shows online service LeSports.
How are Chinese carriers going about fare families?
02/02/2016|11:40:55 AM|
Recently, many Chinese carriers feature fare families on their respective international websites.However, introducing fare families or unbundling isn’t a straight forward process.Airlines should not only focus on revenue maximization,instead, they should provide flexible products.
China Southern’s ancillary service revenue increased by 102.44% in 2015
02/02/2016|11:40:06 AM|
China Southern Airlines reported 103.60% YoY increase in ecommerce direct sales up to December 31 2015. Of which, mobile sales increased by 189.65% YoY, sales via WeChat increased by 195.00% YoY and its ancillary service revenue increased by 102.44% YoY.
A bite of China’s mobile payments pie – now Apple Pay wants it too
02/23/2016|9:56:19 AM|
Can Apple Pay take on Alipay and Tenpay in China? It’s going to be a herculean task, but Apple is optimistic going by its current level of growth in this market.
Shanghai Disneyland on trial operation and tickets to be sold in March
02/18/2016|8:41:00 AM|
Shanghai Disneyland Resort which will open on June 16 this year is now on carrying out trial operation.
EQT to create new European tourism group with Kuoni takeover
02/12/2016|12:54:05 AM|
Swedish private equity firm EQT aims to create a new European tourism group with the agreed takeover of Kuoni and possible purchase of TUI's Hotelbeds unit.
China Southern shuts out agents on heavily discounted tickets
02/26/2016|11:28:38 PM|
China Southern Airlines is barring ticketing agents from viewing or selling air tickets discounted for 60% or more on China’s GDS system of TravelSky.
Independent travel OTA FX Trip receives multi-million dollar B Series financing
01/04/2016|10:59:44 PM|
FX Trip, a service provider of independent travel, has received a multi-million dollar investment in the B Series financing round, led by Zhongwei Capital.
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