Company Overview and News
Stop missing out on important events!
Two subsidiary airlines of Chinese conglomerate HNA Group were briefly suspended by a state-owned accounting service after repeatedly missing payments, underscoring why concern continues to grow about the capital strain on one of the country’s biggest private overseas dealmakers.
There have been recent fears among economists and investors alike that China’s debt-fueled economy would contract as it transitions from old-school manufacturing to services, but the Asian giant has been far more resilient than most anticipated. Its gross domestic product for the second quarter rose 6.9 percent over the same period last year, beating expectations and putting the country on track to meet the International Monetary Fund’s 2017 growth forecast of 6.
This report contains terminology that may be unfamiliar to some readers. The Glossary gives definitions for frequently used terms.
LONDON, Aug. 1, 2017 /PRNewswire/ -- Passenger Service System (PSS) Market: Overview Passenger Service System (PSS) is a suite of solutions allowing efficient management of an airline front-end operation through managing passenger related activities. PSS solution is a communication system which provide passengers services such as customer care, loyalty, reservation, online booking, and check-in & check-out status in real-time.
Passenger Service System (PSS) is a suite of solutions allowing efficient management of an airline front-end operation through managing passenger related activities. PSS solution is a communication system which provide passengers services such as customer care, loyalty, reservation, online booking, and check-in & check-out status in real-time. The demand for passenger service system is expected to increase in the coming years owing to the growing demand of commercial aviation and increasing number of passengers.
Automation has already come in the form of software, but is expanding in the field of robotics.
SABR looks reasonably cheap after a steady decline over the past few months, trading at 8.5x 2017 Adjusted EBITDA guidance.
The company retains an inherent monopoly on the handling of flight transactions and information in China.
TORONTO - A Canadian investor group led by Stornoway Portfolio Management has an agreement to buy the main business of GuestLogix, a Toronto-based company that provides onboard payment systems for airlines and railways.
TORONTO, ONTARIO--(Marketwired - May 6, 2016) - GuestLogix Inc. ("GuestLogix" or the "Company") today announced that it has closed the previously announced sale of all of the shares that its wholly-owned subsidiary, GuestLogix Ireland Limited, owned in OpenJaw Technologies Inc. to an affiliate of TravelSky Technology Limited ("TravelSky") (the "OpenJaw Transaction"), for net proceeds of approximately US$38.
Analysts expect core business earnings at TravelSky Technology and China Travel International — China’s two leading travel companies by assets — to increase in 2016. That’s in line with management guidance.
Mooreland Continues as Active Advisor to the Travel and Hospitality Tech Market; Signature Transaction for Mooreland's Emerging China Cross-Border Practice
TORONTO, ONTARIO--(Marketwired - April 6, 2016) - - GuestLogix Inc. ("GuestLogix" or the "Company") today announced that it has entered into a definitive share purchase agreement in respect of the sale of all of the shares that its wholly-owned subsidiary, GuestLogix Ireland Limited, owns in OpenJaw Technologies Inc. to an affiliate of TravelSky Technology Limited (the "OpenJaw Transaction"). The OpenJaw Transaction resulted from the previously announced court-approved sale and investment solicitation process ("SISP") conducted under the Companies' Creditors Arrangement Act ("CCAA") under the supervision of PricewaterhouseCoopers Inc.