United Airlines looks to long-term operation out of lower-tier cities based on prudent evaluation of a destination’s economic and consumption potential.
Hainan Airlines plans to increase its holding in Yangtze River Express to 11.58% for RMB 915.2 million and raise its stake in TAP Portugal to 23% for EUR 30 million.
CAAC approved 132 new international routes operated by local and international carriers, and around 60% of the routes connect with lower tier cities in the country.
China Southern has authorized more than 2,000 ticketing agencies including major platforms Ctrip and Alitrip, to sell the airline’s tickets and related products.
China Southern Airlines will allow authorized agents to sell the carrier’s packaged offerings with hotel reservation or other travel contents on third-party platforms.
China Eastern Airlines has raised RMB 8.548 billion in a private placement and Ctrip has become the carrier’s fifth largest stakeholder after taking 3.22% for RMB 3 billion.
Air ticketing in China has turned over a new leaf when four major carriers started to prohibit air ticketing by agents on third-party booking platforms.
Three American airline giants are stepping up route plans in China, making airports of the world’s second largest economy increasingly important as Asia‘s aviation hubs.
