The appointment of Mr. Liu is in connection with the closing of transactions between subsidiaries of both JD.com, Inc. and Caissa Sega Tourism last year.
The airline’s passenger turnover plunged 51.6 percent last year from the year before.
The company aims to launch more than 10 stores across the country in 2021.
As of February 3, the online travel company was worth USD 18.98 billion.
In the second half of 2020, the hotel chain's occupancy rate and RevPAR were significantly improved.
Club Med resorts had 57% less business in 2020 than that in 2019.
Construction of the airport’s third runway is expected to be finished in 2022 and should be fully operational by 2024.
A strong route network, high brand value and an experienced management team as well as restructuring efforts by China’s No. 4 carrier, were among the reasons cited.
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