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Shanghai Daily,上海日报

Transport


Bailout plan for Indian carrier

A SpiceJet aircraft taxis on the runway at the airport next to a slum area in Mumbai yesterday. A former part-owner of India’s SpiceJet Ltd is leading a 12 billion rupees (US$190.5 million) bailout plan to rescue the budget carrier from collapsing, two Indian newspapers said yesterday....

December 20, 2014, Saturday


Brand owners aware of digital strategy

Chinese brand owners can’t afford to ignore digitalization as China’s online retail sales may grow 25 percent annually through 2018, three times faster than traditional retail, Bain &...

December 18, 2014, Thursday


CSR makes track with train deal for Argentina

China’s CSR Corp, one of the country’s two leading rolling stock manufacturers, has secured a contract worth 1.7 billion yuan (US$278 million) to supply locomotives and rail cars to Argentina, CSR said...

December 16, 2014, Tuesday


Harbin to Jeju flight to operate

SPRING Airlines said on Friday it would launch a flight linking China's northernmost provincial capital Harbin with Jeju in the Republic of Korea (ROK). The flight, operating on every Tuesday, Thursday ...

December 13, 2014, Saturday


Qantas global, domestic CEOs to leave

Qantas Airways Ltd said yesterday that the heads of its international and domestic divisions “decided to leave” the Australian carrier, four days after the airline told shareholders it expects to swing...

December 13, 2014, Saturday


IATA sees hopes for lower airfares on falling oil costs

Travelers might soon be able to pay less to fly, IATA’s chief said yesterday, after the global airline association predicted record profits for the sector due to plunging oil prices....

December 11, 2014, Thursday


Airbus forecasts China requiring over 5,300 new aircraft

China will require more than 5,300 new aircraft in the coming two decades as demand for domestic air travel mounts, Airbus forecast yesterday....

December 11, 2014, Thursday


Japan’s economy shrinks more than expected

A Shinkansen bullet train passes over a road in Tokyo. Japan’s economy contracted more than initially thought in the July- September quarter, revised official data revealed yesterday, showing the world’s third-largest economy sank deeper into recession. The economy shrank 0.5 percent quarter on quarter, worse than the 0.4 percent estimated in initial data. ...

December 9, 2014, Tuesday


China Eastern converts into full service provider

China Eastern Airlines yesterday said its wholly owned e-commerce company in Shanghai’s free trade zone will offer online services to the carrier’s 100 million passengers....

December 8, 2014, Monday


France sells airport stake to Chinese consortium

France’s economy minister says the government is selling a 49.9 percent stake in the airport in Toulouse to a Chinese consortium looking to increase international air links in the south of France....

December 6, 2014, Saturday




 

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