E-Marketing Air Tickets In China After The Demise Of "3+X"

Since October 1, 2008, when China's aviation industry changed the basis of the agent fee from the CAAC regulated system known as "3+X" to directly negotiated deals between airline and agent, there have been more and more voices for a reform on commission charges.

Net Loss Widens For eLong.com's Chinese Internet Travel Business

Chinese Internet travel website eLong.com reported its unaudited financial results for the first quarter ended March 31, 2008 and says net loss from continuing operations worsened year-on-year by RMB31.7 million to RMB32.6 million, driven primarily by a RMB28.3 million increase in unrealized foreign exchange losses and a RMB4.1 million decrease in interest income compared to […]