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Chinese airlines target Ctrip and Qunar by cutting agency fees

2016-02-24 16:22:47| Airlines - Topix.net

Feb 24 Air China and other major Chinese carriers will no longer pay agencies commissions on international tickets, escalating a row over fees with China's largest online agency Ctrip.com International. China's flagship carrier, Hainan Airlines, Shanghai Airlines and Hong Kong Airlines, have all now announced they will cut fees for international airline tickets sold in China to zero from 1 percent previously.

Tags: chinese target agency fees

 

South Africa mulls state-owned airlines merger, seek minority equity partner

2016-02-24 14:17:09| Airlines - Topix.net

Feb 24 South Africa will explore merging two of its state-owned airlines, South African Airways and SA Express, and seek a minority equity partner for the company, Finance Minister Pravin Gordhan said on Wednesday. Many of South Africa's 300-odd state entities are a drain on the government's purse and a team commissioned by President Jacob Zuma to review the companies recommended that some companies should be sold.

Tags: south partner africa south africa

 
 

Retirement Systems of Alabama Has $32,450,000 Position in Southwest Airlines Co

2016-02-24 11:16:20| Airlines - Topix.net

Retirement Systems of Alabama cut its stake in shares of Southwest Airlines Co by 4.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 753,607 shares of the airline's stock after selling 34,713 shares during the period.

Tags: systems position alabama retirement

 

Spirit Airlines Incorporated (SAVE) Lowered to Hold at Vetr Inc.

2016-02-24 08:18:38| Airlines - Topix.net

They currently have a $47.73 price objective on the stock. Vetr 's price objective would indicate a potential upside of 2.25% from the stock's current price.

Tags: inc save hold spirit

 

Airlines match third airfare hike of 2016

2016-02-24 06:13:53| Airlines - Topix.net

In this Feb. 3, 2014, file photo, a passenger checks in luggage at the Southwest Airlines counter at Love Field in Dallas. The Dallas-based carrier initiated a $10 per round-trip fare increase that has been matched by three other carriers.

Tags: match airlines hike airfare

 

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