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Coronavirus pushes airlines to their worst financial hit in 17 years

Coronavirus pushes airlines to their worst financial hit in 17 years

Carriers with weaker business models or liquidity profiles are likely to be hit harder and take longer to recover.

02/12/2020|3:29:11 PM|Forbes
Beijing Tourism Group to lift stakes in four listed units for up to USD93 million

Beijing Tourism Group to lift stakes in four listed units for up to USD93 million

The amount of share increase in Quanjude is expected to equal at least 1 percent but no more than 2 percent of BTG's total share.

02/12/2020|12:17:30 PM|Yicai Global
With 33 coronavirus cases, Thailand still welcomes Chinese tourists

With 33 coronavirus cases, Thailand still welcomes Chinese tourists

Nearly 11 million Chinese tourists came to Thailand in 2019, accounting for 18% of the countries GDP.

02/12/2020|12:08:55 PM|The Thaiger
Asia-Pacific airline recovery from coronavirus may be slower than for SARS

Asia-Pacific airline recovery from coronavirus may be slower than for SARS

With the aviation industry intrinsically more connected globally today, air travel is less likely to remain as resilient.

02/12/2020|12:04:30 PM|Aviation Pros
COTRI forecasts a 7% rise in Chinese outbound trips despite coronavirus

COTRI forecasts a 7% rise in Chinese outbound trips despite coronavirus

2020 will see a total of 181 million trips from Mainland China.

02/12/2020|11:55:39 AM|Moodie Davitt Report
Coronavirus hits home-sharing

Coronavirus hits home-sharing

Home-sharing platforms like Airbnb and Xiaozhu are suspending bookings in Beijing as the coronavirus prompts people across China to cancel travel plans.

02/12/2020|11:26:26 AM|Abacusnews
Airbus to restart China plant, OTA reshuffles management - Daily Brief

Airbus to restart China plant, OTA reshuffles management - Daily Brief

Singapore expects visitor arrivals to drop 25%-30% this year due to the virus, OYO has brought in 8,500 more rooms in China, and more for the day.

02/12/2020|1:27:16 AM|ChinaTravelNews
Australia will extend its China travel ban as the coronavirus crisis deepens

Australia will extend its China travel ban as the coronavirus crisis deepens

The federal government admits the ban has taken a toll on the tourism industry, which is losing an estimated $1billion a week.

02/11/2020|4:13:00 PM|Mail Online
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