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WestJet to be acquired by Onex

WestJet to be acquired by Onex

The transaction value is approximately $5 billion including assumed debt.

05/15/2019|4:42:48 PM|WestJet
China Southern To Launch Direct Flights Beijing To London

China Southern To Launch Direct Flights Beijing To London

China Southern may be the largest carrier at Daxing Airport

05/15/2019|10:03:11 AM|Simple Flying
XiamenAir to Recommission Boeing 757s to Replace Grounded 737 Max Jets

XiamenAir to Recommission Boeing 757s to Replace Grounded 737 Max Jets

Xiamen Air's two 757s will be back in operation as early as June.

05/10/2019|5:07:25 PM|Yicai Global
Daxing airport set to spur China Eastern's overseas expansion

Daxing airport set to spur China Eastern's overseas expansion

The new airport has presented the Shanghai-based carrier with an opportunity for its long-term development, and the carrier is ready to make Beijing its second headquarters.

05/09/2019|6:25:15 PM|ChinaDaily
China Southern Airlines’ profit falls by half amid high oil prices, increased competition

China Southern Airlines’ profit falls by half amid high oil prices, increased competition

The Guangzhou-based carrier, which boasts over 800 passenger and cargo aircraft, cited currency weakness, high crude oil prices, an increasingly competitive market and the rapid expansion of China’s high-speed rail network as reasons for the decline.

05/06/2019|1:29:47 PM|South China Morning Post
Airport check-in technology provider Elenium raises $10.5 million

Airport check-in technology provider Elenium raises $10.5 million

Elenium has a signature client in Etihad Airways, which white-labels some of the startup’s mobile services for the airport portion of a trip.

05/05/2019|2:09:42 PM|Skift
Europe's airline industry is consolidating

Europe's airline industry is consolidating

It is estimated that more mid-sized carriers will be swallowed by five airline groups—Lufthansa, IAG, Air France-klm, Ryanair and easyJet over the next five years.

05/01/2019|4:53:23 PM|Economist
Sabre’ travel network revenue rose 7.3% to $774.0 million in Q1

Sabre’ travel network revenue rose 7.3% to $774.0 million in Q1

Operating income dropped 33.2%, driven by the increased technology operating expenses.

05/01/2019|8:02:31 AM|ChinaTravelNews
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