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HNA chairman confident group will turn corner

HNA Group Chairman Chen Feng has expressed confidence that China’s aviation-to-financial service conglomerate will manage its cash crunch, and continue to receive support from banks and other financial ...

January 19, 2018, Friday

Smartphones get all-clear for take-off in China

China Eastern and Hainan airlines will allow passengers to use their smartphones on planes from today — but not to make actual phone calls. The two airlines announced the move yesterday after the industry ...

January 18, 2018, Thursday

HNA faces woes as airlines delay leasing payments

Some airlines affiliated with China’s HNA Group are delaying aircraft lease payments to lessors, and Export-Import Bank of China, which is a long-term financier of the group, has formed a team to handle...

January 16, 2018, Tuesday

Airbus may end A380 output as no new orders in 2 years

AIRBUS said yesterday that it might have to end production of the double-decker A380 superjumbo jet, having booked no new orders for the plane in two years. The European aerospace group had been banking ...

January 16, 2018, Tuesday

Shanghai port sees profit rise

SHANGHAI International Port yesterday reported rapid growth in net profit last year as trade pushed up shipping demand. In an unaudited report filed with the Shanghai Stock Exchange, the company said ...

January 15, 2018, Monday

Driverless monorail launched

A man takes photo of an unmanned monorail launched yesterday in Yinchuan in Ningxia Hui Autonomous Region. Named SkyRail, the unmanned monorail is jointly produced by Chinese IT equipment and smartphone manufacturer Huawei and electric carmaker BYD. — Xinhua...

January 11, 2018, Thursday

Macron reveals China to purchase 184 Airbus jets

FRENCH President Emmanuel Macron said yesterday that a contract with China for 184 Airbus A320 narrow-body jets would be finalized soon and that his country also had ambitions to sell A350 and A380 planes ...

January 11, 2018, Thursday

Record high container traffic

Cranes are seen in Yantian Port in Shenzhen. The port handled 25.2 million containers last year, a record high, an increase of 5.13 percent, the fastest in a decade. ...

January 5, 2018, Friday

China to inject US$113b into railway

CHINA will invest 732 billion yuan (US$113 billion) this year to expand its railway by 4,000 kilometers so that by 2025 the country will boast a 175,000-kilometer network. China Railway, the nation’s ...

January 3, 2018, Wednesday

Solar expressway on test

Vehicles run on a solar expressway in Jinan, Shandong Province. China yesterday opened a 1-kilometer section solar expressway for testing. Solar panels are laid beneath part of a ring road surrounding Jinan. The road surface is made of a transparent, weight-bearing material that allows sunlight to penetrate. The panels, covering 5,875 square meters, can generate 1 million kilowatt-hours of power in a year, enough to meet the everyday demand of around 800 households. ...

December 29, 2017, Friday



 

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