Sunday, April 24, 2016

Ctrip makes an odd diversion

Ctrip is buying a $463 million stake in China Eastern Airlines. The company's investors probably did not expect to own a minority stake in a state carrier. But this may be the only way it can avoid a damaging boycott by big airlines.

from HOTELMARKETING.COM http://ift.tt/1VwNyGI

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