Media
Media
China's aviation industry will lose around US$1.5 billion in revenue in 2012 as a result of competition from the high-speed train network, believes Daiwa Capital Markets. The financial services outfit estimated that Air China, China Southern Airlines and China Eastern Airlines would each lose $360 to $45 million, representing 24 p...
Hong Kong-listed China Eastern Airlines said it 2010 net profit would be around 10 times that of a year earlier, partly due to a rapid recovery in global air traffic demand. The Shanghai-based carrier said in a statement the profit jump was also due to the Shanghai World Expo, which boosted air passenger travel, and the completion ...
Australia's Qantas Airways is set to announce this week the resumption of its Airbus A380 flights to Los Angeles from January 17. The airline grounded its super jumbo fleet after a Rolls-Royce engine disintegrated mid-flight in November, but it has resumed A380 flights to London. The Australian Financial Review...
Global Logistic Properties, part of the Singapore government sovereign wealth fund, said today it will acquire a controlling interest in cargo handling at Beijing airport for US375 million. The unit of Government of Singapore Investment Corp will buy a 53 percent stake in China's Airport City Development Co, Dow Jones Internationa...
German mailing and logistics company Deutsche Post AG is satisfied with its 2010 performance, German regional daily Leipziger Volkszeitung reported today, citing chief executive Frank Appel. Business volumes have recovered with strong economic growth in 2010, Appel told the paper. The positive trend in particula...
Freight forwarder Kuehne + Nagel International sees sound growth chances in China, Swiss bi-weekly Finanz und Wirtschaft reported, quoting chief executive Reinhard Lange. "China's export production is located on the coast today, which is becoming increasingly expensive," Lange said. "In three to five years, I e...
FedEx Express is introducing a new direct connection between India and its Asia Pacific hub at Baiyun International Airport in the southern China city of Guangzhou. China and India are two of the fastest-growing economies in the world. Despite the economic downturn, China and India expect to register high growth rates of 10 and 8.8...
A BEECHCRAFT E18S bush plane owned by Air Supply Alaska has crashed in the course of a failed landing at New Stuyahok, Alaska, while carrying cargo from Kenai some 200 miles away, reports Peninsula Clarion. The unidentified pilot, the plane's sole passenger, walked away from the crash uninjured. The air cargo company decline...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi
qq.com