China Eastern recorded over RMB137 million in direct sales and 60,000 new members on its “818 Carnival” promotion.
In order to unlock revenue generation opportunities Chinese airlines need an understanding of what travel retailing means.
Hainan Airlines has recorded 1.602 billion in net profits attributable to its shareholders in the first half of the year, representing an increase of 231.92% y-o-y.
Rumors of a merger of China’s top three carriers were laid to rest but the industry continues to speculate the carriers may consolidate their air cargo operations.
CAAC is adopting a registration system for air routes, instead of the discretionary approval process that has fueled corruption among China’s aviation authorities.
China’s three major airlines have benefited from the drop in fuel prices and soaring demand to see 21-fold increase in net profits for the first half of the year.
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.
Joy Air and Okay Airways are planning to start joint operations of auxiliary regional air routes with the possibility of merging the routes under a new joint venture.
