Search results for “pay cut”
China considers airlines bailout; OYO fights to keep hotels open | Daily Brief
02/19/2020|12:07:04 AM|
Malaysia looks to locals and non-Chinese visitors in fulfilling tourist-arrivals target; China plans to take over indebted conglomerate HNA Group and sell off its core airline assets.
Trip.com CEO slashes salary to zero as the coronavirus slams travel
03/10/2020|9:32:58 PM|
CEO Jane Sun was confident that pent-up demand will drive recovery for Trip.com once the outbreak is over.
China offers airlines subsidies; Finnair considers layoffs | Daily Brief
03/05/2020|10:15:56 PM|
The head of the US Chamber of Commerce said the government will not need to bail out US airlines; Bookings from China to Canadian province declined 70% between March and October.
Foreign pilots at Chinese airlines return home on unpaid leave
02/19/2020|3:51:58 PM|
Major employers of foreign pilots, including China Southern and Hainan Airlines, have acted swiftly to cut their losses.
China's travel industry bracing for $430 billion losses for 2020
02/14/2020|11:27:31 AM|
Travel volume during this year’s seven-day Lunar New Year period plummeted nearly 63.9% to just 152 million.
HNA Group will win 'war against liquidity' in 2020, chairman says
01/03/2020|10:58:58 AM|
HNA Group racked up debts of USD108 billion buying global assets across 44 market segments in 12 sectors in 2016 and 2017.
Asia Pacific's villa rental market rises 12% to US$440m in past 2 years
11/15/2019|10:53:00 PM|
China overtook Australia as the top source market for visitors to Bali.
SoftBank-backed tourism App Klook eyes expansion in Europe
10/12/2019|5:51:26 PM|
Klook processed $1 billion in bookings last year.
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