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Transport


Best plans US$750m IPO

A man rides an electric delivery vehicle of Best Inc in Beijing yesterday. The Chinese logistics company backed by Alibaba Group aims to raise up to US$750 million from an initial public offering in the United States, betting an e-commerce boom in China will spur demand for its package delivery services and supply chain technology. The company said in a securities filing that it planned to raise the money by listing on the New York Stock Exchange or the Nasdaq. — Reuters...

June 28, 2017, Wednesday


Aim to end Airbus-Boeing duopoly

CHINA’S C919 and Russia’s MC-21 may be absent from the tarmac at the Paris Air Show, but their makers don’t hide their ambition to nose into the biggest part of the civil aviation market — single-aisle ...

June 21, 2017, Wednesday


China Eastern Air sells stake in freight subsidiary

CHINA Eastern Air Holding has sold nearly half of its freight subsidiary to four companies to become the country’s first mixed-ownership reform deal in the aviation sector. CEA Holding, the parent company ...

June 20, 2017, Tuesday


Boeing launches new aircraft as Macron opens Paris show

BOEING unveiled a new version of its best-selling 737 aircraft yesterday, injecting life into a faltering civil aviation market as French President Emmanuel Macron flew in to open the world’s biggest ...

June 20, 2017, Tuesday


C919 orders hit 600 on new deal

THE Commercial Aircraft Corp of China yesterday won a contract for 30 C919 jets from Everbright Financial Leasing, the leasing unit of the China Everbright Bank. The latest deal brings total orders for ...

June 14, 2017, Wednesday


Tanzanian port to be expanded

TANZANIA’S government signed a US$154 million contract on Saturday with state-run China Harbour Engineering Company to expand the main port in the commercial capital, Dar es Salaam. Tanzania is seeking ...

June 12, 2017, Monday


Boeing looks ahead to jetliners flying without pilots

BOEING Co is looking ahead to a brave new world where jetliners fly without pilots and aims to test some of the technology next year, the world’s biggest plane maker said in a briefing ahead of the Paris ...

June 9, 2017, Friday


Plane at center of attention

A woman uses her mobile phone to snap a solar-powered plane at a clean energy exhibition on the sidelines of the Clean Energy Ministerial international forum in Beijing that started yesterday. The meeting ends on Thursday. ...

June 7, 2017, Wednesday


Biggest cruise ship in Europe sets sail

The MSC Meraviglia cruise ship leaves the STX France shipyard in Saint-Nazaire, western France, yesterday after MSC Cruises took delivery of the 19-deck-high, US$1 billion vessel on Wednesday. Following her christening ceremony, which will take place in Le Havre tomorrow, MSC Meraviglia will start her inaugural season sailing the Western Mediterranean. With a capacity of 6,570 passengers and 1,550 crew members, the MSC Meraviglia is the biggest cruise ship in Europe....

June 2, 2017, Friday


Home-built cruise liners to tap demand

CHINA’S first domestically built cruise ship will begin sailing from Shanghai in 2023, with another five cruise liners to be delivered through 2028, officials said yesterday. The first domestically-made ...

June 1, 2017, Thursday


 

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