SINGAPORE – Singapore Airlines has reported a 9% fall to S$623 million in full-year operating profit for its 2016-17 financial year, Intense competition, it says, continues to put pressure on yields.
SHANGHAI - Chinese tourists are increasingly going on road trips overseas as they soak in different sights and cultures. The China Daily names the top source five cities for outbound Chinese tourists taking road trips as Shanghai, Nanjing, Guangzhou, Shenzhen, and Beijing.
GENEVA - International Air Transport Association (IATA) global passenger numbers for March show demand (measured in revenue passenger kilometres (RPKs) ncreasing 6.8%, on the same month a year ago. Capacity grew 6.1% and the load factor climbed by 0.5% to 80.4%, a record for the month.
GENEVA –When announcing strong passenger traffic results for the first quarter, Alexandre de Juniac, IATA’s Director General and CEO, has criticised Government authorities for the partial ban on passengers taking laptops inflight with them.
HONG KONG – Citibank has expanded its digital partnership with Expedia to allow customers across multiple markets in Asia region to pay for their holiday booking using their Citi credit card points or miles.