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OTA titan buys into more startups; US-China aviation evolves | Weekly Review
E-commerce platform Pinduoduo added flight booking service; Fliggy, Meituan and Trip.com build membership programs for independent hotels.
US to revise Chinese flight ban
The US airlines objected to China’s plan of allowing in only one flight per week.
Luxury lounge wars heat up as airlines vie for high-end passengers
Many carriers use their top-tier lounges as an extension of their premium onboard experience, but one challenge could be space constraints.
Business thrives again at Hongqiao airport
The airport has handled about 100,000 passengers a day since July 10, over 80 percent of its usual capacity.
US to ban Chinese flights; Online travel platforms build hotel memberships | Daily Brief
The Trump administration is banning Chinese passenger airlines from flying to the US; Global online travel agencies will drop rate parity terms on Korean regulatory demand.
Skyscanner to change CEO; Singapore-China to open essential travel corridor | Daily Brief
Major Chinese airlines have issued an unprecedented USD 12.7 billion worth of short-term notes since January; Chinese airlines operated more flights than US counterparts in May.
US scraps plans to ban Chinese airlines but limits flights to two a week
The new order limits Chinese carriers to two weekly flights to the US — half the number that Chinese officials allow that country’s airlines to fly to the US.
Didi starts international travel agency; Trip.com faces more challenges | Weekly Review
The worse is yet to come as Trip.com Group projected net revenue to drop by 67%-77% in Q2; TravelSky sells a stake in its consumer-facing app to China Southern Airlines.
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Video sharing app TikTok challenges Ctrip and Meituan in their stronghold
Daily flights in China rebound to 80%; Beijing airport to lose $100M in half year | Daily Brief
Sabre says FBI-surveillance reports are highly speculative
Daily passenger flights in China rebound to 80% of pre-COVID levels
Generation Z consumers present new growth engine for travel brands
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