Container ship Cosco Development. /RODRIGO ARANGUA/AFP/Getty Images In a bid to bolster its position as a maritime powerhouse, secure key supply chains, enhance its international trade capacities, and build up geo-economic leverage, China has been buying up the development and operational rights to a chain of ports that stretch from the
Month: September 2017
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United Continental: Is Something Amiss?
Continental United Airlines - N73275 One team of analysts wonders why United Continental's revenue trends are so much worse than its peers. (Barron's) - Yesterday, United Continental Holdings offered a revenue outlook that was far worse than the ones provided by Delta Air Lines or American Airlines, confirming what the market already seemed to know: United just
Taxify halts London services after regulator questions licence
(Reuters) - Uber rival Taxify has temporarily halted operations in London, the company said on Friday, after local regulator Transport for London said the new market entrant had failed to obtain a proper operating license. The Estonian taxi-hailing start-up, which is active in 25 cities in central and eastern Europe and
Thomas Cook pilots goes on strike over pay
Med-View Airline Expands operations with New aircraft
Nigeria Carrier -Med-View airline which has been warming up to expand its international route with additional airlines has finally received it Boeing 777 777-200ER. The aircraft with registration number CS-TFM, which will be positioned on Sunday for its first route Lagos -London arrived Murtala Muhammed International Airport this week with so much
NCAA: US FAA Will Renew Nigeria’s Category 1 Safety Status
The Nigerian Civil Aviation Authority (NCAA) has expressed optimism that the US Federal Aviation Administration (FAA) will renew Nigeria’s Category 1 Safety Status which enables her registered aircraft to fly to the United States. THISDAY gathered that from the scores which the team made available to the regulatory authority, Nigeria passed
French probe alleges 2 million PSA cars had engine cheats
Carlos Tavares, Chairman of the Managing Board of French carmaker PSA Group addresses the media during the 87th International Motor Show at Palexpo in Geneva, Switzerland March 7, 2017. REUTERS/Arnd Wiegmann PARIS (Reuters) - The French investigation into alleged emissions cheating by PSA Group and other automakers found that suspect software
African airlines record 6.5% passenger traffic growth
The International Air Transport Association (IATA) has announced global passenger traffic results for July showing strong but moderating demand growth. Estimates by IATA, the global clearing house for over 275 major airlines in the world, indicated a total revenue passenger kilometers (RPKs) rise by 6.8 per cent, compared to the
