TravelSky’s Monopoly in China Helped Boost Annual Revenues

TravelSky’s Monopoly in China Helped Boost Annual Revenues

A China Southern flight attendant helps a passenger use the on-board entertainment system. Source: China Southern csair.com All Chinese airlines use travel technology firm TravelSky's systems to manage their domestic businesses. In 2018 TravelSky, China's travel technology giant, generated $1.11 billion in revenue, representing an increase of 11 percent year-on-year. China Southern



Skift Take: TravelSky, China's state-backed airline distribution and software services company, reported solid revenue growth in 2018. But the company's insulation from market competition risks creating complacency, and some signs suggest Chinese airlines are frustrated.

— Sean O'Neill

Read the Complete Story On Skift

http://travel.atspace.co.uk/travelskys-monopoly-in-china-helped-boost-annual-revenues/

Comments

Popular posts from this blog

The best things to do in Albania

Datalex to Lose Lufthansa Tech Contract After Management Fiasco

Abandoned Wizard of Oz theme park