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Virgin Australia's rescue up in air with HNA debt woes, tighter scrutiny

Virgin Australia's rescue up in air with HNA debt woes, tighter scrutiny

Australian government has final say on Virgin’s revival plan after carrier went into administration proceedings.

04/23/2020|2:48:43 PM|SCMP
China advises against overseas travel; Tourism to drop over one third | Daily Brief

China advises against overseas travel; Tourism to drop over one third | Daily Brief

Travel searches have continued to climb for the International Labor Day holiday; Research estimates the COVID-19 will dent China's total tourism income by more than 30% this year.

04/23/2020|12:49:39 AM|ChinaTravelNews
China's daily air passenger numbers up 7.9% in April vs March

China's daily air passenger numbers up 7.9% in April vs March

Daily flights in China rose only 1% in April to 6,586, amounting to just 42% of daily flights before the coronavirus struck.

04/22/2020|3:38:01 PM|Reuters
OTA denies mass layoffs; Klook lets go of hundreds | Daily Brief

OTA denies mass layoffs; Klook lets go of hundreds | Daily Brief

Tongcheng Group will merge Hongtu Airlines, Tongcheng International Travel Service and Tongcheng Travel into a new company called Tongcheng Aviation & Travel; China's airline market could see further consolidation.

04/21/2020|11:04:52 PM|ChinaTravelNews
United Airlines sells 22 planes to Bank of China Aviation

United Airlines sells 22 planes to Bank of China Aviation

The deal involves six Boeing 787-9 aircraft and 16 Boeing 737-9 MAX aircraft from United Airlines.

04/21/2020|4:18:48 PM|Reuters
Chinese airlines see significant Q1 losses, mull buying embattled Virgin Australia | Daily Brief

Chinese airlines see significant Q1 losses, mull buying embattled Virgin Australia | Daily Brief

Three state-owned Chinese airline giants expect significant losses in the quarter; Beijing reopens 30% of its major tourist sites.

04/20/2020|11:13:25 PM|ChinaTravelNews
HNA Group says it has ‘reached the point of life and death’ amid pandemic

HNA Group says it has ‘reached the point of life and death’ amid pandemic

HNA said the finance department has not followed the requests of the company to carry out smooth communication with its investors.

04/20/2020|6:22:54 PM|CRN
Chinese airlines consider to buy embattled Virgin Australia

Chinese airlines consider to buy embattled Virgin Australia

China Southern Airlines, China East Airlines and Air China are all in discussions about purchasing the carrier in a last-minute takeover.

04/20/2020|6:12:48 PM|Daily Mail
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