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Sabre revenue slides 37.2% in Q1 2020

Sabre revenue slides 37.2% in Q1 2020

The company adds that it has more than 18 months of liquidity available at a zero booking rate.

05/09/2020|2:51:09 PM|Phocuswire
TravelSky has signed a long term development contract with Aeronology

TravelSky has signed a long term development contract with Aeronology

Travel agents who have no direct access to TravelSky can use Aeronology’s connection to TravelSky to book all Chinese airlines into and out of China.

05/06/2020|5:04:17 PM|Eglobaltravelmedia
Sabre wins first antitrust case on Farelogix acquisition in US

Sabre wins first antitrust case on Farelogix acquisition in US

Sabre still has to wait for a UK antitrust regulator to rule before it can complete the deal.

04/09/2020|2:15:27 PM|Phocuswire
TravelSky grows aviation IT revenues by 8.6% in 2019

TravelSky grows aviation IT revenues by 8.6% in 2019

System integration service revenue rose 23.3% to RMB 1,168.0 million for 2019, accounting for 14.4% of the company’s total revenue in the year.

03/30/2020|2:45:53 PM|ChinaTravelNews
Amadeus plans for €300M cost-cutting program as coronavirus slams aviation

Amadeus plans for €300M cost-cutting program as coronavirus slams aviation

The company is also canceling a dividend payment of €320 million that had been scheduled for the general shareholders’ meeting in June.

03/30/2020|1:09:49 PM|PhocusWire
China data portend tough times for US hotels; Cathay cuts 96% flights | Daily Brief

China data portend tough times for US hotels; Cathay cuts 96% flights | Daily Brief

Major Chinese airlines registered over 30-percentage-point declines in load factor; Fosun Tourism's China operation slowly recovers.

03/20/2020|11:40:36 PM|ChinaTravelNews
TravelSky reports a 66% drop in non-mainland airlines volume

TravelSky reports a 66% drop in non-mainland airlines volume

International volume processed by domestic airlines dropped by 39.29% to 9.97 million in the first two months of the year.

03/20/2020|5:52:44 PM|TravelSky
Tokyo Disneyland to close; Coronavirus could end global travel boom | Daily Brief

Tokyo Disneyland to close; Coronavirus could end global travel boom | Daily Brief

All of Disney’s theme parks in Asia are now temporarily shut; Alaska Tourism officials see an opportunity in Asia travel bans.

02/29/2020|1:39:19 AM|ChinaTravelNews
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