Travelsky Puts On a Brave Face as Chinese Flight Demand Slowly Rebounds


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Travelsky, China's travel technology giant, said it will weather the coronavirus-related plunge in air travel without needing to lay off workers. Remarkably, in January it added a tool to its popular flight app that alerts a traveler if another passenger is later tested and found to have coronavirus.

Western companies often dismiss Chinese travel technology giant Travelsky. They privately assume that the state-backed domestic monopoly must be inferior due to lack of fair competition. But foreign executives will be paying attention this year to Travelsky's performance during the coronavirus crisis because it may provide insights into what's in store for Amadeus, Sabre, and Travelport, which have many customers facing the pandemic at a delayed pace. On Monday, Travelsky released its results for last year. In 2019, the Beijing-based company generated $1.143 billion (8.1 billion renminbi), representing an increase of 8 percent year-on-year. Yet, in early 2020, when officials responded to the coronaviru