Search results for “financial results”
Chinese airlines see significant Q1 losses, mull buying embattled Virgin Australia | Daily Brief
04/20/2020|11:13:25 PM|
Three state-owned Chinese airline giants expect significant losses in the quarter; Beijing reopens 30% of its major tourist sites.
Tuniu appoints financial controller; Chinese airlines on track for recovery | Daily Brief
05/30/2020|2:37:22 PM|
Trip.com Group posted a 62% drop in accommodation and a 29% decrease in transportation; Global travel disruptions are the top concern for American businesses in China.
Online leisure travel firm Tuniu reports a 61.9% revenue decrease in Q1
06/10/2020|9:04:47 PM|
The company expects its second-quarter net revenues to drop by 86% to 96%.
Klook buys car rental firm; Chinese airlines confident of ‘triumph’ | Daily Brief
04/02/2020|11:56:53 PM|
Global mobile payment solution provider Ksher said it has secured millions of US dollars; China’s airlines see only a short-term hit from the coronavirus outbreak.
Top Chinese carriers confident of their FFP members staying loyal
06/04/2020|9:08:15 AM|
Chinese carriers not only took initiatives to assure their loyalty program members about the utility of loyalty currency and membership benefits, but they also paved way for smaller non-air redemptions to subsidize member's shopping for essentials during the coronavirus crisis.
Tencent-backed OTA reports a 43.6% drop in Q1 revenue
05/21/2020|5:34:42 PM|
Net revenue is expected to decrease by 24% to 29% for the second quarter this year.
Didi starts international travel agency; Trip.com faces more challenges | Weekly Review
06/01/2020|10:59:28 AM|
The worse is yet to come as Trip.com Group projected net revenue to drop by 67%-77% in Q2; TravelSky sells a stake in its consumer-facing app to China Southern Airlines.
Hotel firm GreenTree expects a 30%-35% drop in Q1 revenue
04/14/2020|9:35:51 PM|
Due to the impact of COVID-19, the company may record a decline in total revenues of 10%-15% for the full year 2020.
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