Ctrip to acquire AVIA CENTER.

Ctrip, the largest online travel agent in both China and Asia, agreed to acquire AVIA CENTER, a Russian travel agency. Financial terms were not disclosed. “We have been cooperating with Ctrip.com for more than 4 years. We have since established ourselves as a reliable partner, providing not only high-quality content from the Russian market but also a high level of service. We are sincerely glad that within the framework of significantly improving Russian-Chinese relations, we have managed to find a strategic partner in our business represented by such a large international travel partner- Ctrip. We are confident that all parties shall benefit from this partnership.” Sergey Bogachev «AVIA CENTER» Director General.