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Three major Chinese airline companies are set to acquire 95 aircraft from Airbus, in deals collectively valued at approximately $17.8 billion. This comes as part of a concerted effort by these airlines to expand their capacities and modernise their fleets…
In response to escalating aviation fuel costs and a decrease in mid-year travel demand, Thai AirAsia is set to curtail its overall seat capacity by about 30% for the months of May and June. Adapting to Market Changes The airline stated on Tuesday that it…
DHL Global Forwarding, which is part of the DHL Group and specializes in air and ocean freight, is looking to increase its dedicated air capacity between Asia and Europe. This will be achieved through the introduction of new weekly flights that will connect…
DHL Express has enhanced its network with increased capacity for the Hong Kong to Penang route. A Boeing 767 freighter will now ply the route, taking over from the previous Airbus A321, adding an extra 20 tons of cargo capacity per flight. Meeting Rising…
This milestone was achieved two months earlier than planned, following the completion of the ADC wet segment last November. In the past eight years, no new submarine cables have been operationalized in the Asia Pacific. This has led to a shortage of resources…
BMW will team up with Northvolt, which is building Europe’s largest battery factory in Sweden, and Belgium’s Umicore to develop a process for electric car batteries to be recycled, the automaker said in a statement. BMW had a funding investment of undisclosed…
