Sabre’s first quarter revenue decreased by 50%, and global bookings were down by 55%.
During the pandemic, older aircraft have been retired, resulting in a fleet that can collect more information about emissions and safety.
The performance was driven by a strong third quarter, with organic sales climbing by +19.1% year-on-year to €1,955 million.
China Tourism Group Duty Free Co Ltd issued a statement saying that its Board has approved a proposal regarding preparatory work towards a secondary listing on the Hong Kong Stock Exchange.
The acquisition again signals the tide where major OTAs are trying to gain more say over tour supply and customers’ experience as the industry remakes itself.
Global online travel services provider signs long-term cloud technology agreement with the world's biggest GDS firm.
China Duty Free Group expects Q1 net profit of RMB2.85 billion (US$435.8 million) compared with an RMB120 million (US$18.3 million) loss in 1Q20.
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