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Beijing is relaxing coronavirus restrictions to allow more foreign carriers to fly to the mainland after Washington retaliated against China's curbs on U.S. passenger airlines by barring Chinese airlines from entering the U.S., effective June 16. More news on: American Airlines Group I...
The White House is considering not allowing Chinese carriers to fly to the U.S. as it looks to open slots back up into China for U.S. carriers like Delta Air Lines ( DAL +3.8% ) and United Airlines ( UAL +4.4% ). More news on: Delta Air Lines, Inc., United Airlines Holdings, Inc., Air ...
WASHINGTON , May 6, 2020 /PRNewswire/ -- UATP is proud to be partnering with leading payment technology company CITCON to offer Alipay, WeChat Pay and China UnionPay, the preferred mobile payment options for over one billion Chinese consumers. "This partnership grants UAT...
SHANGHAI , April 29, 2020 / PRNewswire/ -- China Eastern Airlines Corporation Limited (the "Company"; NYSE: "CEA"; SEHK "0670"; SSE "600115") announces that the Company's annual report for the 2019 fiscal year filed with the Securities and Exchange Commission on April 29, 2020 can ...
"Without a lifeline from governments we will have a sectoral financial crisis," according to the International Air Transport Association, which called for extending lines of credit to airlines, reducing infrastructure costs and cutting taxes. More news on: JetBlue Airways Corporation, Am...
An unprecedented 30-day ban on foreigners arriving from most of Europe is set to further roil the travel industry, especially ahead of the peak spring and summer travel season. More news on: American Airlines Group Inc., United Airlines Holdings, Inc., Delta Air Lines, Inc., Top stock mark...
Investment Thesis Despite the negative shock from the coronavirus outbreak, we are optimistic about China Eastern Airlines (NYSE: CEA ). We believe the demand will rebound after Q1 2020, and the financial support from the government will help the company live through the tough situation. We...
The 24 th of February was a hectic day on the financial markets, marking the worst day in nearly two years, with the Dow Jones sinking more than 1,000 points. Without a doubt, the decline was due to the concerns over the COVID-19 spreading outside of China, most notably in Iran, South Kor...
Cowen analyst Helane Becker says the news for China's airlines is not good as large parts of the nation are isolated from world traffic. More news on: China Eastern Airlines Corporation Limited, China Southern Airlines Company Limited, Air Canada, Consumer stocks news Read more ...
Source: Xinhua Investment Thesis Based on our assessment, the coronavirus is closer to a more contagious and stronger flu as compared with other deadlier viruses. We are confident that the Chinese government will be able to successfully manage the situation. With that said, we believe ...
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WestJet Connects to UATP One Merchant Services for Payment Processing PR Newswire WASHINGTON , Dec. 14, 2022 /PRNewswire/ -- Global payment network UATP has announced that a portion of WestJet's payment processing is now being serviced through UATP One Merch...
SAVE THE DATE - UATP'S AIRLINE DISTRIBUTION® 2023! PR Newswire Travel Industry Leaders Invited to Attend, Secure Your Spot Today WASHINGTON , Nov. 15, 2022 /PRNewswire/ -- UATP welcomes global airlines and travel industry leaders to atte...
UPLIFT NOW ACCEPTED THROUGH ARC PAY, SUPPORTED BY UATP PR Newswire The partnership makes the buy now, pay later option available for travel agencies to offer to their customers. WASHINGTON , Nov. 10, 2022 /PRNewswire/ -- Uplift , the leading e...