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- 25. IHG Launches Co-branded Credit Card with China CITIC Bank
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InterContinental Hotels Group and China CITIC Bank have launched the IHG Rewards Club CITIC Co-branded Credit Card. The dual currency UnionPay and MasterCard will offer three ratings – Gold card, Platinum card and World card that directly correspond with IHG’s Rewards Club’s Gold Elite, Platinum Elite and Platinum Elite with InterContinental Ambassador memberships.
- 26. Korean Air Reports Q1 2011 Results
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Korean Air has reported an operating revenue of 2,719 billion KRW for Q1 2011, a year-on-year increase of 6.3%, and an operating profit of 145 billion KRW. Income before tax recorded a year-on-year increase of 16.3%, reaching 258 billion KRW during the reporting period. Net income amounted to 190 billion KRW, up 13.9% thanks to foreign currency translation gains.
- 27. SAS Reports January 2015 Traffic
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SAS reduced its overall capacity during the winter program 2014/2015 and, as a result, total capacity was down by 3.5% in February 2015, while scheduled capacity was down 1.5% as some capacity was moved from charter operations to scheduled services. In January 2015, SAS’ yield and PASK were up 3.4% and 6.7% respectively. The currency adjusted yield and PASK were down 0.4% and up 2.
- 28. Air France - KLM Reports April 2010 Traffic
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Air France - KLM Reports April 2010 Traffic. Air France - KLM activity during the month of April 2010 saw three phases. Up until the volcanic ash crisis, traffic continued the positive trend of the previous month, with a 1.1% rise for capacity down by 1,4%. Unit revenue per available seat kilometer (RASK) excluding currency was also strongly up on a year earlier.
- 29. Air Astana Reports 2013 Net Profit of US$51.4 Million
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Air Astana has declared a profit after tax of US$51.4 million for the full year 2013. Whilst a 15.7% decline over 2012, the airline stated that without the combined effect of a one-off revenue adjustment in 2012 and currency exchange loss in 2013, underlying profit would have slightly exceeded that of the previous year. Passenger numbers increased by 13.5% to 3.7 million and airlin
- 30. Hotels in Asia Pacific Report Q1 2018 Increase in ADR, OR and RevPAR
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In local currency, Q1 2018 vs. Q1 2017, hotels in Hong Kong reported a 3.8% increase in Occupancy to 90.1%, ADR increased by 10.7% to HKD1,482.02 while RevPAR jumped 14.9% to HKD1,335.10.
- 31. Hotels in Asia Pacific Report February 2017 Increase in OR and RevPAR
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In U.S. dollar constant currency year-on-year comparisons, occupancy in the Asia Pacific region grew by 8.0% to 68.7% while ADR fell 5.0% to US$102.95 and RevPAR increased 2.6% to US$70.67. According to the Association of Thai Travel Agents, arrivals from Mainland China decreased 23.1% from 1 January to 10 March 2017 when compared with the same date range in 2016
- 32. Hotels in Asia Pacific Report Q2 Increase in ADR, OR and RevPAR
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In U.S. dollar constant currency, Q2 2018 vs. Q2 2017, hotels in Asia Pacific reported an 1.0% increase in Occupancy to 70.4%, ADR grew by 3.1% to US$105.00 and RevPAR was up 4.1% to US$73.95. Hotels in Indonesia reported a rise in Occupancy of 2.5% to 60.6%, ADR was up 3.5% to IDR1,039,439.08, and RevPAR jumped 6.1% to IDR629,692.74.
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