12306 (the official railway ticket house) selling plane tickets...?
Recently, China’s primary, stable, all-in-one, state-railway-bureau-directly-operated official railway ticketing platform, 12306, announced an expansion into the airline ticket market. This move is not expected to reduce airfare costs directly, yet it signifies a notable shift in the competitive landscape for Online Travel Agencies (OTAs) like CTrip, potentially impacting their market share and profitability. Understanding the mechanics of airline ticket sales is crucial here. Airlines set their flight schedules, seat pricing, and then distribute this information through a Global Distribution System (GDS)....