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HNA Group commences restructuring with 321 subsidiaries

HNA Group commences restructuring with 321 subsidiaries

The restructuring follows creditors of the group filing applications calling for the group’s bankruptcy due to its huge debt crisis with total liabilities amounting to USD 107 billion.

03/18/2021|7:38:04 PM|Splash
Cathay Pacific must cut down oil hedging

Cathay Pacific must cut down oil hedging

Cathay Pacific Airways makes continuous hedging losses as oil prices fell from their 2008 peak.

03/18/2021|7:26:13 PM|The Standard
9 megatrends of Chinese tourism post-pandemic

9 megatrends of Chinese tourism post-pandemic

For companies seeking megatrends of the global travel recovery, the China market may provide some food for thought.

03/18/2021|3:45:06 PM|Joseph Wang, ChinaTravelNews
China to vaccinate 70% of population by 2022; Polar Bear Hotel faces criticism | Daily Brief

China to vaccinate 70% of population by 2022; Polar Bear Hotel faces criticism | Daily Brief

US warns it could restrict Cathay Pacific flights; Airlines fuel optimism that USA can replicate China’s rapid domestic recovery.

03/17/2021|11:11:51 PM|ChinaTravelNews
US warns it could restrict Cathay Pacific flights over Hong Kong quarantine rules

US warns it could restrict Cathay Pacific flights over Hong Kong quarantine rules

Washington previously took action against China and India for not permitting US carriers to operate routes amid the pandemic.

03/17/2021|6:20:40 PM|SCMP
Airlines fuel optimism that USA can replicate China’s rapid domestic recovery

Airlines fuel optimism that USA can replicate China’s rapid domestic recovery

Around 32% of the global passenger jet fleet is still in storage, but for Chinese operators the figure is just over 8%, while for US airlines the figure is below 29%.

03/17/2021|5:30:59 PM|ChinaTravelNews
China's civil-aviation industry continues to recover: VariFlight report

China's civil-aviation industry continues to recover: VariFlight report

The number of domestic flights rose 150.86 percent year on year, although the number of international flights continued to decrease in February.

03/17/2021|5:15:50 PM|China.org.cn
A year on, China traffic paints mixed picture of recovery

A year on, China traffic paints mixed picture of recovery

Domestic passenger traffic for February rose 187% year on year.

03/17/2021|2:56:19 PM|Flight Global
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