US plans to revise previously-announced ban on Chinese passenger flights; Chengdu airport became the world’s busiest last month.
The US airlines objected to China’s plan of allowing in only one flight per week.
The company expects its total revenues to decrease by 10%-15% for the full year 2020.
The move opens up a chance for U.S. airlines to return for the first time in four months.
OCT will invest USD 2.11bn to the whole project.
China and Singapore agreed to create a fast lane to facilitate essential travel without 14-day quarantine from June 8; Trip.com Group set up a new unit to invest in startups.
If the order goes forward, it will hurt travel, trade and other exchange between the two countries.
Although passengers have to go through quite a few processes, this agreement is a positive signal.
Outdoorsy has seen a 2,645% increase in bookings from the low point of COVID, which was late March, to right now.
Sabre needs to focus on providing “retailing, distribution, and fulfillment” services to airlines and hotels.
The acquisition is a risk worth taking although it could take up to five years to restore its profits to where they were before the outbreak.
Booking.com’s decision to forgo an extension of Dutch government relief means that layoffs are likely coming.
The transaction has been under close scrutiny for months and faces closer examination in Europe, which will take up to 90 days.
Vacasa appears to be betting on its professionally managed services to lure back future travelers for the time being.
In the corrective measures presented to the FTC, they offered to delete the "lowest guarantee" clauses in their contracts with lodging companies.
