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Transport


HNA buys 13% of Virgin Australia for US$115m

CHINESE aviation and tourism giant HNA is buying a 13 percent stake in Virgin Australia, the airline said yesterday, just a week after the Hainan company scooped up part of Portuguese national airline ...

June 1, 2016, Wednesday


Strike looms in France

French TGV trains (high speed train) are parked at a SNCF depot in Charenton-le-Pont near Paris yesterday as railway workers from France’s rail operator SNCF was set to start a national railway strike yesterday evening that was expected to affect about half of national and regional train services. Workers will then strike on the Paris Metro and commuter train network tomorrow. Docks and port workers are also expected to strike, while aviation workers have called for stoppages over the weekend. ...

June 1, 2016, Wednesday


IATA meeting to discuss safety, slowing demand

AIR passenger demand in April rose at its slowest rate since January 2015, weighed by the March attacks on Brussels airport and highlighting safety as one of the main challenges facing top airline executives ...

May 31, 2016, Tuesday


Boeing set for US$2.9b UK contract

BOEING Co is set to win a 2-billion-pound (US$2.92 billion) contract from the UK Ministry of Defence for new Apache helicopters, the Telegraph reported. The MoD has decided to give Boeing a 50-aircraft ...

May 31, 2016, Tuesday


Airports see busy 2015

PASSENGER numbers at China’s airports hit 915 million in 2015, up 10 percent year on year, the civil aviation authority said. Passenger traffic at airports in Beijing, Shanghai and Guangzhou accounted ...

May 31, 2016, Tuesday


Light at the end of world’s longest rail tunnel finally

WHEN Swiss engineer Carl Eduard Gruner came up with the idea to build the world’s longest rail tunnel under the Alps in 1947, he predicted the visionary project could be finished by the start of the 21st ...

May 30, 2016, Monday


Lufthansa to stop flying to Venezuela

GERMAN airline Deutsche Lufthansa AG said on Saturday it will temporarily suspend flights to Venezuela as of next month due to economic difficulties in the South American nation and problems converting ...

May 30, 2016, Monday


Construction starts at Chengdu airport

CONSTRUCTION of a second airport in Chengdu, capital of southwest China’s Sichuan Province, got under way yesterday. The first phase of construction is expected to be completed in 2019. Once fully operational, ...

May 28, 2016, Saturday


Business jet makers in price battle

BUSINESS jet manufacturers are locked in a price battle as deliveries of new aircraft remain weak and recently sold aircraft return to the market at a discount, said delegates at a corporate jet convention. Demand ...

May 27, 2016, Friday


Decline in rail freight slows last month

THE pace of decline in China’s national rail freight volume, an indicator of economic activity, narrowed in April as the economy showed signs of stabilization, according to official data released yesterday. Railways ...

May 27, 2016, Friday


 

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