News
Bombardier CSeries Delayed By At Least Nine Months
Bombardier warned on Thursday it will delay putting its new CSeries jet into commercial service until the last half of 2015, a major setback in its plan to challenge Airbus and Boeing in the narrow-body aircraft market. ...
Shangri La Hotel Lhasa To Open 17 April in the Heart of the Himalayas
Hong Kong, 8 January 2014 – Few places in the world are as magical as Lhasa, the administrative capital of Tibet. Set on a plateau soaring 3,650 metres above sea level, the city is encircled by the fabled Himalayan mountains,...
Fairmont Kuala Lumpur to Open in 2017
Fairmont Hotels Resorts today announced an agreement with CITITOWER SDN BHD, a joint venture between Qatari Diar Real Estate Investment Company and KLCC (Holdings) Sdn Bhd, a wholly-owned company of Petroliam Nasional Berhad (P...
France To Sell Part Of Airbus Stake
France said on Wednesday it was launching the sale of shares of around one percent of the capital of Airbus, its latest divestment to raise cash for the strained state-coffers. The sale of the 8 million Airbus Group shar...
American To Cut Flights From Reagan, LaGuardia Airports
American Airlines will halt daily nonstop service to 17 cities from Washington’s Reagan National Airport as a result of the divestiture of slots required by the US government for American’s merger with US Air...
Airline Shares Slipped Back At Year End
Airline shares slipped back in December from their November prices, falling slightly more than broader markets, according to an IATA Economics report. But year on year, taken against the start of 2013, airline shares are...