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China Southern Airlines unit to transfer half its equity in mixed-ownership reform
03/04/2020|9:54:39 PM|
China Southern Airlines General Aviation will let employees own between 5 percent and 10 percent of its equity.
HNA Group asks Chinese government for help as liquidity risks rise
02/29/2020|4:51:08 PM|
Parent group of Hainan Airlines asked local provincial government to help resolve its liquidity risks.
Corporate travel to take a $560B hit; searches for flights up 138% | Daily Brief
03/02/2020|4:49:38 PM|
China allocated USD 814 million to support project construction in the cultural tourism industry; Singapore Airlines is cutting pay for management staff.
ITB Berlin canceled; indebted airline group seeks help | Weekly Review
02/29/2020|6:06:54 PM|
The ITB Berlin 2020 is officially canceled; Expedia starts global lay-offs this week in Asia offices.
Tokyo Disneyland to close; Coronavirus could end global travel boom | Daily Brief
02/29/2020|1:39:19 AM|
All of Disney’s theme parks in Asia are now temporarily shut; Alaska Tourism officials see an opportunity in Asia travel bans.
Marriott sees $25M impact; Expedia global layoffs cost up to $130M | Daily Brief
02/27/2020|10:01:43 AM|
Expedia has kicked off its global lay-off this week in Hong Kong and Singapore; Sabre said the outbreak could cost a USD 100-150 million loss in first-quarter revenue.
Supersonic aircraft startup Exosonic joins a long race to revive Concorde's dream
02/13/2020|11:38:50 PM|
Developing an aircraft that can pass regulatory scrutiny is complicated enough, but equally challenging is the need to prove to airlines that the model will turn a profit.
Global hotel industry to be more brand-heavy in 2025
02/07/2020|5:13:16 PM|
More soft brands will be added in the developing world, or regions such as the U.S., Europe and some parts of Asia.
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