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Shanghai Pudong Airport opens fourth runway

The addition of the new runway Shanghai Pudong Airport enables it to have two takeoffs and two landings simultaneously.

03/31/2015|7:21:15 AM|ChinaTravelNews

Customized travel startup Sinbad gets multi-million financing

Sinbad has received a multi-million RMB Series A financing from Shenzhen Capital Group.

03/30/2015|6:30:16 PM|ChinaTravelNews

Jiuhua Tourism makes 27.68 million share public offering

Jiuhua Tourism issued 27.68 million shares at RMB12.08 per share at a price-earnings ratio of 20.47 bringing its total issued shares to 110.68 million.

03/27/2015|5:05:22 PM|ChinaTravelNews

Didi-Kuaidi in high gear for US IPO in June 2015

The newly formed Didi-Kuaidi taxi app mega merger is racing to make a US IPO as early as June 2015 in order to catapult itself to a stage of high-speed growth.

03/28/2015|9:43:32 AM|ChinaTravelNews

Hainan Airlines’ subsidiary Fuzhou Airlines challenges dominance of Xiamen Airlines

The arrival of Fuzhou Airlines is a direct challenge to Xiamen Airline’s long-standing dominance in Fuzhou.

03/27/2015|4:22:32 PM|ChinaTravelNews

HNA Group makes US$65 million investment in Chang An Airlines

The capital injection will help Chang An Airlines lower its asset-liability ratio while bolstering its regional and operational competitiveness.

03/27/2015|3:41:09 PM|ChinaTravelNews

Ctrip backs PMS JV Jointwisdom

Jointwisdom formed by restructuring Ctrip subsidiary Brandwisdom and CSHIS, has been launched in Beijing.

03/26/2015|7:23:51 AM|ChinaTravelNews

Expedia founder among investors in Mafengwo’s Series C financing round

Mafengwo has received funding to the tune of US$100 million from a number of investors including Expedia’s Rich Barton.

03/28/2015|7:24:03 AM|ChinaTravelNews
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