Search results for “cost cut”
Paths may clash, but Ctrip and eLong are working towards laser-sharp positioning
08/05/2015|9:16:23 PM|
Ctrip and eLong are making bold moves, especially in thier approach to respective product strategies and thier decision to monetize the mobile channel.
RMB devaluation to have limited immediate effect on tourism
08/13/2015|6:16:06 PM|
Although outbound tourism will be adversely affected by the RMB’s exchange rate if it continues to fall, immediate effects are expected to be limited.
Air China to buy 15 B787s after US$1.9 billion private offering
07/29/2015|9:00:44 PM|
Air China said the private offering will be to buy 15 Boeing B787 aircraft, upgrade its direct sales ecommerce operations, onboard Wi-Fi and cash reserves.
Chinese carriers to spend over US$4 billion on planes to meet long-haul flight demand
07/21/2015|2:49:31 PM|
The Chinese aviation sector's turnaround is attributed to lower fuel costs and explosive growth in international air routes.
China Eastern buys 50 Boeing 737s for LCC China United Airlines
07/10/2015|6:03:31 PM|
The 50 B737 series narrow-body aircraft for China Eastern’s wholly-owned subsidiary China United Airlines, the carrier said on July 9.
Ctrip fills war chest with offering of US$1 billion convertible senior notes
06/18/2015|8:29:08 AM|
Ctrip will offer up to US$1 billion in aggregate principal amount of senior notes convertible into Ctrip's ADS, each representing 0.25 of an ordinary share.
China Southern ordered to cut commission by RMB1 billion
05/25/2015|11:07:54 AM|
State-Owned Assets Supervision and Administration Commission required the carrier to lower its agents’ expenses by RMB900 million.
China Southern sets new rules for ticketing agents and raises direct sales over 10%
05/27/2015|4:56:25 PM|
China Southern revenues from direct sales grew by 38% y-o-y in the first quarter of 2015, as it plans to lift the proportion of direct sales by 10% this year.
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