Epidemic response helps planes get back in skies; Spring Festival holiday tourism income recovers to 58.6% of pre-virus level.
The French travel retailer said that all global regions were affected by the coronavirus crisis with the exception of Mainland China which grew 22% on the back of strong domestic traffic.
Restructuring will wipe out equity stakes apparently now held by two shadowy charities, co-founder Chen Feng and other executives, but ownership has always been opaque.
For the past two weeks OAG data for airline capacity shows that year-over-year, Chinese capacity is now far ahead of 2020.
The total domestic tourism revenue reached around USD 46.7 billion, up 8.2% from the same period in 2020.
On Sunday, civil aviation transported 1.17 million passenger trips, nearly 3.5 times that of the same period in 2020.
The firm expects co-investments alongside the new fund could take its aggregate capital deployment size to USD 1.4 billion.
Travel restrictions to be eased as mass vaccinations in Northern Hemisphere expected in April; Direct flights between China, France cut again.
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