Transportation

China's SAIC Motor, Alibaba to invest $160 million in Internet-connected cars

Chinese auto maker SAIC Motor Corp Ltd said on Thursday it would join forces with e-commerce giant Alibaba Group Holding Ltd to invest 1 billion yuan ($160 million) in a fund to develop Internet-connected cars.


Emirates says has had extensive A380neo discussions

Emirates [EMIRA.UL] has had extensive discussions with Airbus about the production of a revamped version of the A380 super jumbo with more efficient engines, the airline's president said on Thursday.

Emirates Airline president plans talks in Washington over subsidy row

Emirates Airline [EMIRA.UL] President Tim Clark plans talks with officials in Washington in two weeks' time to help formulate its response to allegations by U.S. airlines of unfair subsidies awarded to Gulf airlines, he said on Thursday.

Malaysia's AirAsia X to cut costs, may defer plane deliveries: Acting CEO

Malaysia's AirAsia X Bhd (AIRX.KL) will cut flights on unprofitable routes, reorganize staff and defer some aircraft deliveries to turn around the loss-making long-haul budget carrier, the airline's acting chief executive said on Wednesday.


Latest News

Canadian National Railway Co (CNR.TO) on Saturday again urged Unifor, the union representing 4,800 of its mechanical, clerical and intermodal staff, to agree to binding arbitration and renewed its threat to lock out those workers on Monday.
The British government said on Tuesday it had awarded Boeing (BA.N) a five-year contract worth 420 million pounds ($644.91 million) to provide in-service support to its fleet of Chinook military helicopters.
U.S. aviation regulators are preparing to ease commercial restrictions on small drones under a draft rule to be released Sunday, according to regulators and a government analysis that leaked over the weekend.
United Airlines (UAL.N) will outsource about 1,150 positions at 16 airports across the country, but reached tentative agreements with its union to keep another 800 jobs in-house that also had been under scrutiny, a company spokesman said on Friday.
Didi Dache and Kuaidi Dache, two of China's leading taxi-hailing apps, said on Saturday they would merge to create one of the world's largest smartphone-based transport services.
Thailand plans to build high-speed railway links connecting Bangkok to tourist destinations south of the Thai capital modeled on Japan's bullet trains, Thai Prime Minister Prayuth Chan-ocha said on Thursday.
Boeing Co (BA.N) said on Wednesday it is not studying resurrecting its out-of-production 757 jetliner with new engines to plug a gap in its jetliner lineup between its largest single-aisle plane and its smallest widebody models.
China CNR, one of the country's top trainmakers, said it was interested in buying foreign rail-linked technologies as China seeks to export its high-speed trains and rail expertise.
A rail line in eastern Iowa reopened on Saturday following a freight train derailment that sent three cars tumbling into the Mississippi River, spilling ethanol fuel in the water, Canadian Pacific Railway (CP) said.
Chief executives of the three largest U.S. airlines said they want the U.S. government to modify or terminate air treaties with two Persian Gulf nations, the Wall Street Journal reported.
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