Qunar, a Chinese online travel agency (OTA), plans to launch a low-cost carrier (LCC) in Shenzhen in an effort to enhance its position in the travel supply chain. Qunar has revealed it will set up this new entity with two business partners, but will invest in technology instead of cash to hold stakes. The new venture will be mainly responsible for online ticket sales and is expected to be based at the Shenzhen Bao’an International Airport and operate domestic and international routes ...

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