Search results for “aviation”
Chinese visitors to New Zealand up 35% in November 2015
12/25/2015|11:17:29 PM|
Visitor arrivals to New Zealand in November this year increased 11% year on year and totaled 300,500 trips, according to the latest data of Statistics New Zealand.
Tongcheng Tourism sets up own airlines for one billion yuan
05/02/2017|9:19:38 AM|
Online travel agency Tongcheng Tourism announced that it has invested RMB 1 billion to set up an airline company.
HNA Group invested in Azul Brazilian Airlines
11/25/2015|6:03:51 PM|
HNA Group to make USD $450 million strategic investment in Azul for 23.7% stake
Chinese airlines carry 488 million air passengers in 2016
05/11/2017|11:38:56 AM|
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.
CITS nets 20% more profit in 2016
05/05/2017|1:51:32 PM|
CITS Group posted operating revenue of RMB 22.39 billion in 2016, up by 5.16%. Net profit last year climbed 20.07%. Operating revenue grew 10.54% in the first quarter of 2017 while net profit for the period rose 5.83%.
Tour operator groups post revenue upsurge buoyed by outbound growth
04/28/2017|1:54:02 PM|
Chinese tour operator giant Utour Group recorded operating revenue of RMB 10.1 billion in 2016, up 20.71% YoY, while peer HNA-Caissa’s operating revenue of the year grew 34.48% to RMB 6.64 billion.
Spring Airlines posts 28.42% slump in 2016 net profit
04/05/2017|9:53:57 AM|
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 Zhenghua Wang has stepped down and been replaced by his son and former president of the company, Mr.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.
HNA Group to merge its technology and logistics units
02/10/2017|11:22:32 AM|
HNA Group plans to merge its eco-tech and logistics businesses into a new entity.
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