Club Med resorts had 57% less business in 2020 than that in 2019.
Construction of the airport’s third runway is expected to be finished in 2022 and should be fully operational by 2024.
A strong route network, high brand value and an experienced management team as well as restructuring efforts by China’s No. 4 carrier, were among the reasons cited.
The group was once one of China’s most acquisitive companies but had the equivalent of roughly $76 billion in total short-term borrowings and long-term debt at the end of June 2019.
Chen’s exit from the important decision-making body with powers similar to the company’s board is a sign that he’s losing control of the group.
CEO said he has "very strong thoughts" about online gaming.
Quality services such as custom trips and outbound travel were among the most attractive targets for investors.
Ethan Lin, co-founder and CEO of Klook, said there is “no significant fluctuation in valuation”.
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