TravelSky’s Performance Offers a View of China’s Slowing Air Travel Market

China Eastern Airlines is one of many domestic Chinese airlines to rely on TravelSky, a tech vendor, for its computing needs. TravelSky reported its first-half 2019 earnings on Thursday. China Eastern Airlines Skift Take: New data from China’s travel tech giant TravelSky shows that the country’s pace of air travel growth slowed in the first … [Read more…]

Grab to Pump $500 Million Into Vietnam as More Rivals Enter After Uber’s Exit

You’ve got parcel. Grab Vietnam. Grab Singapore Skift Take: After Indonesia, Grab’s next biggest battleground is Vietnam. No surprise there, it’s a rapidly growing economy with all the ingredients for a ridehailing explosion. Naturally Grab is not alone — rivals are aplenty. — Raini Hamdi U-Shaped Memory Foam Rebound Travel Pillow Neck Support Head Rest … [Read more…]

MakeMyTrip Grows Despite Turbulence in India’s Airline Sector

A view inside the main MakeMyTrip offices in Gurgaon, India. On Tuesday the online travel agency group reported its latest earnings. MakeMyTrip Skift Take: The past year has been a horror show for India’s aviation sector. So MakeMyTrip deserves kudos for continuing to grow its air ticketing and overall sales despite the upheaval. But executives … [Read more…]

Ebix to Acquire India’s Corporate Travel Player Yatra for $338 Million

Ebix chairman and CEO Robin Raina talks at Ebix Presents TV18 India Rising Summit 2019, a pan-India thought leadership effort sponsored by Raina’s U.S.-based software company. Ebix, an Atlanta-based tech company, is buying Indian-based travel services provider, is acquiring India’s online travel company Yatra for about $380 million. Ebix Skift Take: Corporate travel and event … [Read more…]

AirAsia’s Expansion Into Online Travel Draws Skepticism From Potential Competitors

Aireen Omar, deputy group CEO for technology and digital at AirAsia speaking with Skift Airline Weekly Editor Madhu Unnikrishnan at Skift Forum Asia in Singapore on May 27, 2019. Richard Lau / Skift Skift Take: It’s obvious that executives from Booking, Expedia, and Rakuten are laying odds that AirAsia won’t be very successful in striving … [Read more…]

Booking Site Ixigo’s Rail-First Strategy Propels Growth in India

An illustration of how consumers can use the Ixigo trains app to overlay a digital image and discover which train car their ticketed seat is in. Ixigo CEO Aloke Bajpai said the startup he co-founded is now achieving rapid growth. Ixigo Skift Take: An exclusive first look at Ixigo’s fiscal year financials reveals that the … [Read more…]