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Chinese airlines have lost $3.1 billion this year

Chinese airlines have lost $3.1 billion this year

China Southern Airlines had already lost between 6 to 7 billion yuan by the start of the month, and full quarter losses could be more than 10 billion.

03/25/2020|2:33:45 PM|Caixin
Hong Kong airlines say $335 million in financial aid is not enough

Hong Kong airlines say $335 million in financial aid is not enough

Airlines in Hong Kong have pointed to other government measures, including paying employees’ wages to prevent job losses.

03/25/2020|2:27:09 PM|SCMP
IHG sees occupancy rise in Greater China; Chinese airlines have lost $3.1B | Daily Brief

IHG sees occupancy rise in Greater China; Chinese airlines have lost $3.1B | Daily Brief

The gradual resumption of business in China has not helped domestic airlines make ends meet; Tokyo Olympics is postponed to 2021.

03/24/2020|11:09:30 PM|ChinaTravelNews
Chinese authorities lend a helping hand to travel industry

Chinese authorities lend a helping hand to travel industry

Shanghai's cultural and travel companies will receive USD1.41 billion in loans, while Hainan’s tourism industry will be supported by a USD21.2 million rejuvenation plan.

03/24/2020|3:37:38 PM|Shine
Tourism rebound expected in May as epidemic ebbs

Tourism rebound expected in May as epidemic ebbs

43% of interviewees said they would travel in H1 2020, with 16% choosing May, followed by June, July, and August (15% each).

03/24/2020|3:25:25 PM|Shine
China’s $4.6 billion overseas study tour market halted by coronavirus

China’s $4.6 billion overseas study tour market halted by coronavirus

About 1.3 million youngsters had spent part of their summer holidays studying overseas in 2019.

03/24/2020|3:17:08 PM|SCMP
Fosun Tourism raises $988M; Forward bookings in China show dramatic rebound | Daily Brief

Fosun Tourism raises $988M; Forward bookings in China show dramatic rebound | Daily Brief

Chinese tourist arrivals to Japan dropped 87.9% in February; Hainan government announced a USD 21.2 million rejuvenation plan for the island’s beleaguered tourism industry with duty free shopping at the heart.

03/23/2020|11:34:25 PM|ChinaTravelNews
Chinese tourists expect to resume travels to Thailand in April

Chinese tourists expect to resume travels to Thailand in April

The Tourism Authority of Thailand and Public Health Ministry are implementing regulatory outlines to raise the cleaning and hygiene standards of tourism services.

03/23/2020|5:50:53 PM|Bangkok Post
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