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TravelSky Technology (HKG:696) Might Be Having Difficulty Using Its Capital Effectively
China Civil Aviation Information Network Corporation releases the "Gongxiang" brand. It is expected that the electronic flight itinerary for civil aviation will achieve a issuance volume of tens of millions by the end of the year.
On November 15, news was announced that during the China Aviation Information National Enterprise Open Day and the 45th anniversary event of the China Aviation Information, the brand "Gongxiang" for the passenger service system was officially released. It was introduced that the Gongxiang system has the capability to handle civil aviation passenger-related business such as flight management, flight sales, departure delivery, and security checks, and can provide systematic centralized information processing services for government agencies and other civil aviation institutions. Currently, it has 41 domestic airlines and over ten international airline clients. In terms of aviation platform business, starting from May 2024, China Aviation Information will support all airlines in generating electronic itineraries across all channels.
Soochow Securities: High growth in inbound and outbound tourism, prosperous domestic tourism, OTA platforms continue to benefit.
With over 20 years of development, the trade volume of china's online tourism market has reached 1.1 trillion yuan, with an online tourism platform penetration rate of over sixty percent, evolving into an oligopoly competition structure.
We Think TravelSky Technology (HKG:696) Can Manage Its Debt With Ease
Public Companies Are TravelSky Technology Limited's (HKG:696) Biggest Owners and Were Hit After Market Cap Dropped HK$2.9b
Travelsky Tech (00696) plans to lease two properties.
Travelsky Tech (00696) announced that on October 14, 2024, the company (as the lessee...