Transport


Sri Lanka passes port to Chinese firm

SRILANKA on Saturday handed over a deep-sea port to a Chi­nese firm, in a deal to boost the cash-strapped island’s finances that has raised concerns at home and abroad over China’s growing influence. The ...

December 11, 2017, Monday


Aviation industry net profits set to take off in 2018

LED by US airlines, net profits in the aviation industry are set to rise by some 11 percent in 2018, the International Air Transport Association said yesterday as it presented economic forecasts for the ...

December 6, 2017, Wednesday


COMAC wins deal for 55 C919 jets from ICBC Leasing

THE Commercial Aircraft Corp of China yesterday won a contract for 55 C919 jets from ICBC Leasing, the leasing unit of the Industrial and Commercial Bank of China. The latest deal brings total orders ...

December 6, 2017, Wednesday


Eye on cruise ship tourism

Cruise ships will be the focus of a marine exhibition to be held in Shanghai tomorrow as cruise companies eye the huge and promising Chinese market for cruise tourism....

December 5, 2017, Tuesday


Super efficient Port of Qingdao

A containership berths at the automated containter terminal in Port of Qingdao in Shandong Province yesterday. The terminal has broken a world efficiency record by handling 1,785 TEUs (twenty-foot equivalent units) from the vessel in nine hours. ...

December 4, 2017, Monday


Tie-up eyes hybrid passenger aircraft

Airbus, Siemens and Rolls-Royce are teaming up to develop a hybrid passenger plane that would use a single electric turbofan along with three conventional jet engines running on aviation fuel.The plane ...

November 29, 2017, Wednesday


Li urges China-Europe link to speed up

Premier Li Keqiang met with Serbian Prime Minister Ana Brnabic in Budapest yesterday and urged relevant parties to speed up the construction of China-Europe land-sea express, taking the opportunity of...

November 29, 2017, Wednesday


Airbus set to lure Rolls exec to head sales

AIRBUS is poised to hire the head of Rolls-Royce’s civil engines unit, Eric Schulz, to lead its commercial jetliner sales, after months of uncertainty over the successor to sales kingpin John Leahy, three ...

November 27, 2017, Monday


Demand grows for passenger jets

CHINA will need 6,103 more passenger aircraft over the next 20 years, the Aviation Industry Corporation of China said yesterday. According to the “China Civil Market Outlook for Civil Aircraft (2017-2036)” ...

November 24, 2017, Friday


Airbus lands biggest-ever deal worth US$49.5b for 430 A320s

AIRBUS signed a US$49.5 billion deal yesterday to sell 430 airplanes to the Phoenix-based private equity firm that owns Frontier Airlines, striking the European aerospace company’s biggest deal ever at ...

November 16, 2017, Thursday




 

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