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Spring Airlines rides on lucrative international operation to challenge Air Asia

Spring Airlines is set to increase its total capacity for international flights from 20% in 2014 to 30% this year, and Air Asia as its international operation expands.

03/25/2015|9:08:53 AM|ChinaTravelNews

Vienna Hotels plans to fund massive expansion with US$48 million capital

After two successful financing rounds, mid-range Vienna Hotels Group is raising a third capital injection of RMB300 million.

03/24/2015|9:38:07 AM|ChinaTravelNews

Spring Airlines records higher revenues in 2014

The airline also reported in its annual fiscal report that a dividend of RMB2.4 (including tax) per 10 shares will be distributed to shareholders.

03/24/2015|4:09:09 PM|ChinaTravelNews

Boeing: China’s LCC market share to reach 30% by 2033

The LCC market will make up of 35% of the global single-aisle air transportation capacity by 2033.

03/20/2015|9:45:32 AM|ChinaTravelNews

Outdoor specialist Toread invests US$38 million in OTA Eyoutour

Chinese outdoor specialist Toread will invest RMB230 million (approx: US$38 million) for 74.56% equity in OTA Eyoutour.

03/19/2015|9:47:27 AM|ChinaTravelNews

O2O payment service Yeepay gets investment from TA Associates

Global private equity fund TA Associates announced it invested an undisclosed amount in Chinese payment service Yeepay.

03/18/2015|2:36:32 PM|ChinaTravelNews

Youth travel platform E-fenqi gets US$800,000 angel investment

E-fenqi, an online platform offering pay-by-installments travel to college students, has recently received an angel investment of RMB5 million.

03/17/2015|4:54:58 PM|ChinaTravelNews

SDHS gets the go ahead to participate in Toulouse Airport acquisition

Shandong HI-Speed Group (SDHS) has been approved to participate in the acquisition of 49.99% equity of Toulouse Airport Company.

03/17/2015|2:27:42 PM|ChinaTravelNews
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