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Transport


Airline eyes buying 19 Boeing jets

China’s Hainan Airlines, which has poured billions of dollars into overseas acquisitions, announced plans yesterday to buy 19 Boeing aircraft for US$4.2 billion to help meet skyrocketing travel demand...

May 23, 2017, Tuesday


Cathay laying off nearly 600 staff

Passenger planes of Cathay Pacific Airways park at Hong Kong’s airport. Cathay Pacific yesterday said it’s laying off nearly 600 staff at its headquarters in its biggest round of firings in two decades as it faces rising competition from rival carriers and tough business conditions. The Hong Kong airline said it plans to axe about 190 managers, or a quarter of all the company’s management jobs. It’s also eliminating the jobs of 400 workers in non-managerial roles. Cathay said in a statement that frontline workers, including pilots and cabin crew, would not be affected, but “will also be asked to deliver greater efficiencies and productivity.” ...

May 23, 2017, Tuesday


Smarter couriers

ALIBABA’S logistics arm Cainiao Network seeks to boost a smarter courier industry. Speaking at the Global Smart Logistics Summit in Hangzhou yesterday, Alibaba Chairman Jack Ma urged a unified effort ...

May 23, 2017, Tuesday


Joint venture to rival Boeing, Airbus

CHINA and Russia yesterday announced a joint venture to develop a wide-body jet which will challenge market leaders Boeing and Airbus. The news comes just over two weeks after the successful maiden flight ...

May 23, 2017, Tuesday


COMAC teams with Russian aircraft maker to develop long-haul jet

CHINA and Russia today established a joint venture to develop a long-haul jet to challenge Boeing and Airbus. The state-owned plane maker Commercial Aircraft Corporation of China and United Aircraft ...

May 22, 2017, Monday


On track for Pakistani subway

A train designed for a Pakistani subway rolls off the production line in central China’s Hunan Province yesterday, the first of 27. Produced by CRRC Zhuzhou Locomotive Co, the train with five coaches was designed for the 25.58-kilometer Orange Line Metro in Lahore. The train will be delivered in July, with another 26 following by the end of the year. ...

May 16, 2017, Tuesday


1,000th Sino-European freight train

A train loaded with clothing and small commodities chugs out of a station in Yiwu, Zhejiang Province, heading for Madrid on Saturday. It was the 1,000th freight train linking China and Europe this year. From January 1 to Saturday, the number of Sino-European freight trains increased by 612, or 158 percent, from a year earlier, according to China Railway Corp. ...

May 15, 2017, Monday


Lab aims to cover gap in aircraft materials testing

CHINA’S first joint-venture civil aviation test lab has been launched in Shanghai University to test plane-making materials, officials said yesterday. The Shanghai Civil Aviation Test Laboratory, a joint ...

May 12, 2017, Friday


Boeing’s 1st overseas plant starts construction

CONSTRUCTION of Boeing’s first overseas facility as part of its 737 production system started yesterday in Zhoushan, a port city in Zhejiang Province. The construction will consist of two parts — a Boeing ...

May 12, 2017, Friday


Busy time for freight services

CHINA Railway Container Transport Corp, which carries freight between China and Europe, yesterday reported an increase of its services to Europe. In the first four months, the company had 886 freight ...

May 11, 2017, Thursday


 

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