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Fly News Breaks for May 7, 2015
CTRP, QUNR
May 7, 2015 | 09:49 EDT
86 Research said China Southern Airlines will reportedly lower air ticket commissions to 0% from 1% on the fixed portion starting July 1. The firm expects Qunar (QUNR) and Ctrip.com (CTRP) to take share but for revenue per ticket to be negatively impacted and maintains its Neutral ratings on both.
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