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Search results for “aviation subsidy”
Fosun Tourism raises $988M; Forward bookings in China show dramatic rebound | Daily Brief
03/23/2020
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11:34:25 PM
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Chinese tourist arrivals to Japan dropped 87.9% in February; Hainan government announced a USD 21.2 million rejuvenation plan for the island’s beleaguered tourism industry with duty free shopping at the heart.
CAAC expects more than 50 new airports added in three years
09/20/2017
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10:59:55 AM
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Over 50 new airports will be added in China by 2020. Some 68 runways, new terminals with a total floor area of 7.07 million square meters and 1832 aprons will also be added in the next three years.
Spring Airlines posts 28.42% slump in 2016 net profit
04/05/2017
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9:53:57 AM
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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 Zhenghua Wang has stepped down and been replaced by his son and former president of the company, Mr.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.
China’s small and medium airports operating at 80% loss
12/03/2015
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6:02:11 PM
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CAAC distributed a total of RMB1.211 billion in subsidies to 146 airports. In 2014, 135 small and medium airports received a total of RMB1.079 billion in handouts.
China will invest US$77.9 billion to build 58 airports
11/26/2015
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12:38:20 AM
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A total of 178 new airports are under construction in the Asia Pacific region as of June 2015 and China accounts for a third of those projects.
China Eastern’s LCC ambition takes off on a strong note
08/26/2015
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8:42:11 AM
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China Eastern Airlines has set up new subsidiaries in order to ensure its LCC venture, China United Airlines, takes off on a strong foundation.
Delta on a quest to become the most Chinese-friendly U.S. airline
05/20/2015
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10:11:59 AM
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Delta Air Lines is on a mission to determine what is most important for Chinese travelers and to leverage technology and service to enhance user experience.
Embracing the digital transformation in China’s travel market
03/25/2015
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10:19:49 AM
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To gain a better position in this eco-system, airlines have to embracing the digital transformation to refine their business model as well as the way they deal with customers and partners.
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