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JD.com ties up with China Eastern for air cargo, corporate travel

JD.com has formed a strategic partnership with China Eastern Airlines to strengthen its logistics service and corporate procurement business, particularly JD corporate travel.

06/28/2017|10:10:53 AM|ChinaTravelNews

China Eastern gives core staff 10% holding in ownership revamp of logistics arm

The ownership structure of China Eastern’s logistics unit will be diversified and core employees will share 10% holdings of the company.

06/20/2017|2:14:20 PM|ChinaTravelNews

Thriving as a retailer is about apt “mindset”, not an issue of tech

The key to Chinese airlines' full retailing platform is to know customers and meet their end to end travel needs rather than just to carry passengers from point to point.

06/11/2017|8:37:44 AM|ChinaTravelNews

HNA slows M&A pace after US$50b buying spree in past 2 years

As the global market is increasingly complicated, the HNA Group will slow down in making acquisitions, having amassed overseas assets to make up 30% of its portfolio that contribute to half of the group’s revenue.

06/06/2017|8:49:20 PM|ChinaTravelNews

Chinese airlines carry 488 million air passengers in 2016

China’s airlines carried 436.34 million passengers on domestic routes in 2016, up by 10.7% YoY. Passengers on international routes rose 22.7% to 51.62 million last year.

05/11/2017|11:38:56 AM|ChinaTravelNews

China Southern Airlines sets up investment holding firm

China Southern Airlines has set up its investment holding firm to operate industrial investment, financial service, and capital leverage. The official inauguration of the new firm is slated for June.

05/05/2017|2:13:37 PM|ChinaTravelNews

HNA Holding cuts loss by 89.8% amid buying spree

HNA Holding reduced annual loss by 89.8% last year while actively exploring overseas investment opportunities.

04/26/2017|10:05:37 AM|ChinaTravelNews

Spring Airlines posts 28.42% slump in 2016 net profit

China’s biggest low-cost carrier reported a 28.42% fall in net profit for 2016. The airline also announced that its chairman Mr. Zhenghua Wang has stepped down and been replaced by his son and former president of the company, Mr. Yu Wang.

04/05/2017|9:53:57 AM|ChinaTravelNews
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