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TravelSky and Ctrip sign cooperation agreement

Analysis

TravelSky and Ctrip announced they have signed a strategic cooperation agreement. The companies will launch an in-depth cooperation in areas such as air ticket sales and hotel bookings. Shares in TravelSky Technology were down 1.3% in trading on Wednesday.

Summary
  • TravelSky and Ctrip have signed a strategic cooperation agreement.
  • The agreement will focus on areas such as air ticket sales and hotel bookings.
  • Shares in TravelSky Technology experienced a 1.3% decline in trading on Wednesday.
  • The partnership aims to enhance the services provided by both companies.
  • The cooperation agreement is expected to benefit travelers by offering more convenient and comprehensive travel options.
  • This collaboration reflects the growing trend of partnerships between aviation and travel companies to improve customer experience and expand market reach.

Selected daily share price movements (% change): 16-Mar-2011

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