State-sponsored Chinese travel technology firm, TravelSky, has reported a solid 11% YoY revenue growth for 2018 to reach $1.11bn, continuing to hold a domestic monopoly with no competitors for its services home soil on which it operates. However, there are signs of tensions with Chinese airlines that make significant use of the company’s services, potentially jeopardising its current advantages in the market.
TravelSky’s China Monopoly Aids in Increasing Annual Revenues
