March, 2016

• 13 March

  Boeing delivered 200 jetliners to China in 2015

  

  BEIJING / Bloomberg Boeing Co. delivered a record number of airplanes to China last year, outpacing rival Airbus Group SE, and is predicting more wide-body orders this year as mainland carriers attempt to harness booming demand for international travel. Of the 200 jetliners Boeing delivered to airlines and lessors based in China last year, 28 were wide-bodies, Darren Hulst, the ...

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• 13 March

  Air France’s low-cost unit may grow beyond Munich

  

  Bloomberg Air France-KLM Group’s Transavia discount arm plans to open a second base beyond its home markets of France and the Netherlands in summer 2017 after the first in Munich starts flights this month. Transavia has shortlisted a number of possible hubs, with more German locations under consideration, and will make its choice based on the availability of operating slots, ...

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• 13 March

  China’s Juneyao Air to add up to 10 aircraft, eyes Russia route

  

  Bloomberg Juneyao Airlines Co. plans to add nine or 10 aircraft this year, as it considers opening routes to Thailand and Russia, company Chairman Wang Junjin said in an interview Sunday on the sidelines of the National People’s Congress in Beijing. Wang also said the company’s January-February revenue increased by 40 percent year-on-year, as it looks forward to further benefits ...

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• 13 March

  US-based Gulf Oil LP to enter Mexico gas station market

  

  MEXICO / AP US-based Gulf Oil LP said it is entering Mexico’s gasoline retail market, becoming the first foreign company to do so under an energy overhaul that loosened more than seven decades of government monopoly in the sector. The company will open its first four gas stations in Mexico in June and July and aims to operate at least ...

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• 13 March

  Instacart gets Red Bull and Doritos to pay your delivery fees

  

  Bloomberg Online shoppers hate paying delivery fees. So Instacart Inc. is getting Pepsi to foot the bill. The grocery delivery start-up is working with General Mills Inc., Nestlé SA, PepsiCo Inc., Unilever NV, and other consumer goods makers to cover the cost of delivery or provide other discounts when customers buy their products. In addition to the coupons, the companies ...

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• 13 March

  Surging iron ore China’s next bubble?

  

  AFP With a huge global steel glut and slowing demand in China, an enormous recent spike in the price of iron ore has left analysts scratching their heads, with some even claiming a flower show might be to blame. But observers say the extraordinary movements for one of the world’s basic bulk commodities have been fuelled by something far more ...

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• 13 March

  Robot concierges to ensure your comfy stays

  

  AFP In a hotel not in a galaxy far, far away, a robot bids you welcome as you pull into the driveway. Another hands out the keycard to your room, and a third gives you the password to the wifi network. Robots are making an entry into the hospitality industry that has until now always prided itself on delivering a ...

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• 12 March

  Jafza registers 52 auto and aeronautics firms

  

  Dubai / WAM Jebel Ali Free Zone Authority (Jafza) registered 52 new companies in the automotive and aeronautics industry, bringing the total number to more than 435 companies from 60 countries. Trade volume from 2010 to 2014 also rose by almost 80%. Jafza, the flagship free zone entity of Dubai and the trade and logistics hub for the wider Middle ...

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• 12 March

  DEWA, GE top brass discuss renewable energy progress

  

  Dubai / WAM Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), received Dalya Al Muthanna, President and CEO of General Electric Gulf, at DEWA’s headquarters. The meeting was a part of DEWA’s efforts to strengthen cooperation with international companies, exchange best international experiences and practices, and keep up to date with the latest advances ...

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• 12 March

  Sheikha Shamma urges financial literacy for youth

  ABU DHABI / WAM Sheikha Shamma bint Sultan bin Khalifa Al Nahyan, on Saturday underlined the importance of promoting financial literacy awareness in light of the increasing debt among Emirati Youth. With an overwhelming statistic of 70% of Emiratis under the age of 30 being in debt, there is a clear need for a scalable programme that can teach young ...

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