Representatives of the Polish government are currently holding talks with Chinese investors for the possible sale of some stake in the state airline LOT, Deputy Prime Minister Mateusz Morawiecki announced on 3 August. A Polish newspaper reported that Chinese carrier Air China is planning to buy a 49-per cent stake in LOT as representatives of the Chinese firm are scheduled to arrive in Warsaw in the following days. "LOT is our national carrier, which we are trying to save no matter the cost. … [Read more...] about Air China said to be interested in 49% stake in LOT Polish Airlines
One Belt
Air China to begin direct Beijing-Kuala Lumpur service
Air China will start a Beijing-Kuala Lumpur nonstop service from 25 October and will be operated with A330-300 aircraft. In 2014, imports and exports between Malaysia and China exceeded RMB100 billion (US$15.75 billion) and Malaysia remained China's largest trading partner among ASEAN countries. The new service also dovetails with the Chinese government's strategic 'One Belt, One Road’ initiative with Air China saying the new service, "will become a thoroughfare in the air that promotes the … [Read more...] about Air China to begin direct Beijing-Kuala Lumpur service
Air China continues expansion with Beijing-Mumbai service
Air China will commence Beijing-Mumbai nonstop service on 25 October 2015. As the forthcoming only service from Mainland China to Mumbai - the economic capital of the country - the airline said the seven hour non-stop will negate the need for stopovers in Hong Kong, Singapore and Bangkok. As two BRICS countries, China and India have long had close political, economic and people exchanges and in recent years, inbound and outbound travellers of the two countries have been on the rise. From … [Read more...] about Air China continues expansion with Beijing-Mumbai service
Asia by road: DHL extends road network
DHL Global Forwarding has rolled out an integrated road freight network that now links five key Asian cities - Singapore, Penang, Bangkok, Hanoi and Shenzhen. DHL AsiaConnect was launched in 2011 connecting Singapore, Malaysia and Thailand and now links to the existing Vietnam-China corridor. DHL said the new service taps the acceleration of road freight growth in Asia Pacific which is forecast at an anticipated compound annual growth rate of 8.3 per cent from 2014-2019 and expected to drive … [Read more...] about Asia by road: DHL extends road network
