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New port being built to boost coal transport

Construction of a coal port started Saturday in Jinzhou City, northeast China's Liaoning Province. The port is a state-approved project designed to boost the transport of coal from landlocked northern Inner Mongolia Autonomous Region to fuel-thirsty markets in the south. The ...

China Southern world's third largest fleet in 2009

China Southern Airlines had the third largest number of passengers in the world in 2009, only behind American Airlines and Delta Air Lines, the Chinese airline said Saturday. It flew a total of 66.28 million passengers in 2009, ranking the third in the latest World Air Transport ...

Pratt & Whitney, AVIC in talks on making engine parts

Pratt & Whitney, a leading aircraft engine manufacturer, said it is discussing the manufacturing of its latest engine components in China with the country's largest aerospace company Aviation Industry Corp of China (AVIC). "We are currently in discussions with AVIC to expand the ...

Hainan Airlines looks to join a global alliance

Hainan Airlines Wednesday confirmed to the Global Times that it plans to join a global alliance, but experts said the carrier might not enjoy too many gains due to its small offerings of international flights. "The company has considered joining one alliance for a long time," ...

CSR set to make rapid strides in global arena

While extending its railway network throughout the country, China is also sending its trains across borders. CSR Zhuzhou Electric Locomotive Co, a subsidy of China South Locomotive and Rolling Stock Corp (CSR), the largest listed railway equipment maker in China, is manufacturing ...

China to invest 700b yuan in high-speed railway

China is to spend as much as 700 billion yuan ($102.52 billion) on high-speed rail construction this year, the Xinhua news agency reported, citing He Huawu, chief engineer of the Ministry of Railways. He expects 4,613 kilometers of high-speed rail line will be put into service ...

Making a Spring for Japan

Spring Airlines, China's first budget carrier, plans to launch its maiden international route to Japan by the end of July. The private carrier is scheduled to fly three chartered weekly A320 flights between Shanghai and Ibaraki Airport, about 80 kilometers from Tokyo, according ...

Chinese airline to boost Australia flights

China Southern Airlines will increase frequencies on existing flights between Australia and China as well as fly to more destinations in that country as it seeks to tap travel demand between the two countries. The country's largest carrier by fleet size has signed a strategic ...

TNT aims to help reducing world's hunger

The distribution company TNT International Express intends to help reduce hunger in the world by joining effort with the United Nations' World Food Program (WFP), an official said on Tuesday. "We intend to halve the proportion of people who suffer from hunger in 1990-2015," said ...

Airbus workers launch strike for better payment

Labor unions of Airbus launched a big strike from Monday noon for better payment and hiring, suspending assembly proceeding of some long-haul aircraft, local media reported. Spreading from Toulouse since midday, which harbors the main Airbus plant in southwest France, the strike ...

Shanghai has China's longest metro line in service

Shanghai's 11th subway line started trial operation Saturday, ahead of the opening ceremony of the futuristic Shanghai Expo on May 1. The new line made the city China's first to have more than 420 kilometers of metro routes in service. The Metro Line 10, 29.6 kilometers long, ...

Economic planner rules out imminent start on east China maglev line

Officials in east China's Zhejiang Province have ruled out this year for starting construction of a maglev train service between the provincial capital, Hangzhou, and Shanghai. A statement from the provincial development and reform commission Tuesday said the project had no ...

Ningbo to beef up logistics sector

Mainland's second-largest port city of Ningbo plans to increase the competitiveness of its logistics industry by making it a more information-based port. Ningbo plans to build an information platform linking 5,000 logistic companies in the city in the next three years. "It's like ...

Qiangsheng taxis to top fleet in city

Shares of Shanghai Qiangsheng Holding Co, one of the city's largest taxi operators, rose to the 10 percent limit Monday after it announced a private share placement to strengthen core business. Qiangsheng Holding plans to issue a combined 245 million shares to buy taxis, car...

Air China subsidiary to buy 10 Airbus planes for $814m

Air China, the country's leading carrier, said late Friday that one of its subsidiary airlines would pay $814 million to buy 10 Airbus 320-series passenger planes. In a statement filed to the HK stock exchange, the Beijing-based carrier said its subsidiary, Shenzhen Airlines ...

Spring gets A320 aircraft on lease

China's first budget carrier Spring Airlines received a jet Thursday from a financial leasing arm of Bank of Communications, the first deal after the city launched aircraft and shipping leasing services using special purpose vehicles last month. The aircraft leasing firm bought ...

Carriers' profits set to soar

Soaring demand and fewer discounts have secured the profits of the nation's major airlines in the first six months, with China's aviation industry expected to stay well in the black for the rest of the year, said analysts. China Southern Airlines Co Ltd said in a statement to the ...

Shanghai Airlines to pull out of Star Alliance

Shanghai Airlines Co Ltd said on Thursday it has agreed to terminate its Star Alliance membership by the end of October. The city-based carrier to merge with China Eastern Airlines Co Ltd - a SkyTeam Alliance member - in February this year. Shanghai Airlines said it will continue ...

Chinese private airline opens 1st int'l flight

Spring Airlines, a Shanghai-based private budget airline, launched its first international flight to Japan Wednesday, marking the low-cost airline's entry into international market. An Airbus A320, a charter plane carrying passengers from travel agencies, departed from the ...

Boeing sees soft Q2 earnings, profit falls 21%

Chicago-based Boeing reported a 21 percent drop in its second-quarter profits Wednesday amid weakness in the network and space systems business, but beat analysts expectations. The aerospace giant earned 787 million U.S. dollars, compared with 998 million a year earlier, or 1.06 ...
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china

Xi Jinping to lead national security commission
Xi Jinping to lead national security commission
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China's reform leading group holds first meeting
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Bill Gates talks nuclear
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world

market

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Xinhua Insight: Emerging economies able to secure steady growth
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finance

company

Shell companies struggle to stay listed
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HK Disneyland Gets Toy Story Land
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industry

sports

Ghana qualifies for FIFA U-20 women's World Cup
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Yao's gift of sport for all
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Chinese NBA player Yao Ming teaches a boy with special needs how to ...
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