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The world's largest online travel group cut the stake in its Chinese counterpart by over 3 percentage points; Accor and Alibaba extend their strategic partnership.
Despite United potentially resuming passenger service, overall U.S.-China flights will decrease in April as Chinese airlines reduce services.
Chinese airlines rescheduled their international flights after national regulators decided to limit the number of international flights to curtail imported COVID-19 cases.
Global mobile payment solution provider Ksher said it has secured millions of US dollars; China’s airlines see only a short-term hit from the coronavirus outbreak.
Air China has remained scheduled flights to 23 international destinations including the U.S, Canada, France, Denmark, and Poland.
TravelSky said it will weather coronavirus impacts in air travel without layoffs; Chinese embassy in UK is chartering a plane to bring home Chinese students.
For the full year, demand will be down 38 percent and revenues down $252 billion.
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