Cathay Pacific warns of challenging months ahead; China Duty Free Group accelerates digital focus, online-offline integration.
Just over 8% of the Chinese-operated passenger jet fleet as having in-storage status on February 10. This compared with the global figure of over 32% of passenger jets in storage.
The carrier currently operates 1 flight per week from Shanghai, 1 flight from Shenzhen to Singapore with direct nonstop service.
Family-activity space provider Mini Mars secures Series A round funding; Universal Beijing Resort plans to bring in Tencent Games roles.
Skyscanner changes leadership, focuses on post-pandemic recovery; United Airlines looks to Europe, China for overseas rebound.
Chinese travelers are more optimistic about travel in 2021; China Eastern Airlines gets $1.7 billion lifeline.
Chinese operators have subsequently suffered a dramatic reversal in fortunes just as the New Year holiday period approaches.
Hong Kong Airlines in danger of getting wings clipped; New York investment firm acquires 6.64% stake in Trip.com Group.