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Transport


Boeing’s Q1 earnings fall 8.8%

A Boeing 737 MAX parks on the tarmac at the Boeing factory in Renton, Washington. Boeing yesterday reported first-quarter earnings fell 8.8 percent year on year to US$1.2 billion after announcing a charge of US$156 million for building its KC-46 military aircraft. ...

April 28, 2016, Thursday


Airbus delivers 1st US-made jet

The fuselage of an Airbus A321 is seen at Airbus’ first US manufacturing facility in Mobile, Alabama, in this file photo. European aerospace giant Airbus delivered its first made-in-the-US aircraft yesterday to mark a new stage in its battle for the home market of rival Boeing. Airbus handed over an A321 passenger jet assembled in the plant to US carrier JetBlue, three years after beginning construction of the facility and just seven months after it was inaugurated. ...

April 26, 2016, Tuesday


Investment in roads up 8.5% in Q1

CHINA’S fixed investment in highways in the first quarter rose 8.5 percent year on year to 228.9 billion yuan, the transport ministry said yesterday. The combined investment in roads and waterways in ...

April 20, 2016, Wednesday


Uber eyes smaller Chinese cities to take on homegrown Didi

UNDAUNTED by ride-hailing app Didi's dominance in the Chinese market, Uber sees potential to chip away at the company's virtual monopoly outside first-tier cities. Uber said on Thursday its ride-hailing ...

April 17, 2016, Sunday


Carrier eyes US with more jets

CHINA Eastern Airlines plans to expand its fleet of aircraft to more than 800 by 2020, up from 561 as of the end of 2015, its President Ma Xulun said in an interview yesterday. The plans to acquire hundreds ...

April 16, 2016, Saturday


History-making freight service

Carrying furniture, home appliances and machinery, the first train of the first regular railway freight service linking Guangdong Province and Germany waits for departure in Dongguan yesterday. The new line, passing through Russia, Belarus and Poland before reaching Duisburg in Germany, will see trains set out from Dongguan every Thursday. The journey of more than 13,000 kilometers will take 19 days, 15 days shorter than sea freight. ...

April 15, 2016, Friday


Massive potential for business aircraft

ALIBABA Chairman Ma Yun, Fosun Chairman Guo Guangchang and China’s richest man Wang Jianlin are among 32 of the country’s rich businessmen who have purchased their own business jets, according to a survey ...

April 14, 2016, Thursday


Deliveries of business jets slated to slip

ABOUT 9,200 new business jets will be delivered around the world in the next decade, Honeywell Aerospace said yesterday. The figure is about 5 percent lower than the company forecast in 2014. The value ...

April 13, 2016, Wednesday


Testing times ahead for China’s C919 jet

CHINA’S first domestically developed narrow-body airliner, the C919, was put through its paces yesterday in a series of ground tests ahead of a maiden flight scheduled for this year. The aircraft’s loading ...

April 13, 2016, Wednesday


Didi Kuaidi ride-hailing app roams into US

DIDI Kuaidi said yesterday that a roaming version of its ride-hailing app will go live in the United States today. The service will give users access to the US-based Lyft driver network in almost 200 ...

April 13, 2016, Wednesday




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