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BUSINESS BRIEFS.(TO THE POINT)
DIVERSIFIED
ITT beats the Street, ups outlook
The industrial and defense giant's Q2 profit rose 22% to $1.43 a share, 11 cents over views. ITT's sales rose a better-than-forecast 20% to $1.98 bil. Defense electronics and services revenue soared 47% to $779.5 mil on higher sales and the acquisition of Kodak's Remote Sensing unit. ITT raised its '05 goal to $5.30-$5.40 from $5.10-$5.25. Shares jumped 5% to 106.40, a new high.
AEROSPACE
Boeing mulls lost Chinese orders
A group of Chinese airlines ordered 50 of Boeing's 787 Dreamliners, 10 jets shy of an earlier announcement. Buyers include Air China, China Eastern Air, Hainan Air, Xiamen Air and Shanghai Air, said the official Xinhua News Agency. At a $120 mil list price per jet, the bigger deal was valued at $7.2 ...
- China: China Eastern Offers 9 Billion Yuan for Shanghai Air.
- News wire article from: TendersInfo July 13, 2009 700+ words
...China Eastern rose to 5.60 yuan and Shanghai Air climbed to 6.22 yuan at the 11 a...in Shanghai on June 5 at 5.33 yuan. Shanghai Air closed at 5.92 yuan the same day. Shanghai Air has 1.3 billion shares according to...
- Air China Introduces Beijing-Shanghai "Air Express" Shuttle Service.
- Press release article from: Business Wire August 16, 2007 700+ words
...including seven code-shared flights) on the Beijing-Shanghai "Air Express." The new service features a harmonized schedule...this a success for our customers." Air China's Beijing-Shanghai "Air Express" follows a tradition of creating additional value...
- Shanghai Air Transportation Capacity Going Up
- Newspaper article from: Xinhua English Newswire October 25, 1995 700+ words
...Zhejiang Province will be increased to two daily, to Nanjing from four to seven, and to Wenzhou from 16 to 19 weekly. Shanghai Air Company and the Xiamen Air Company will also add flights between Shanghai and Xiamen, Zhuhai and Guangzhou. International...
- TAIWAN PRESIDENT PLAYS DOWN IMPACT OF SHANGHAI AIR RAID DRILL.
- News wire article from: AsiaPulse News August 15, 2002 700+ words
...practice -- that large- and small-scale military exercises are held all the time," Chen pointed out to reporters. "The Shanghai air raid drill was planned a long time ago ... not arranged after my Aug. 3 remarks. We must not be intimidated." Chen...
- SHANGHAI AIR SEES PASSENGERS SOAR ON VIETNAM ROUTE.
- News wire article from: AsiaPulse News August 13, 2007 700+ words
HANOI, Aug 13 Asia Pulse - Shanghai Airlines, the only Chinese carrier operating direct flights from Shanghai to Ho Chi Minh City, has reported significantly high growth rates in passenger transport on its Vietnam service. During the celebration of its five-year Shanghai-HCM City service on Aug. 8,
- Virgin in Shanghai air link.
- Newspaper article from: Birmingham Evening Mail (England) May 22, 1999 700+ words
VIRGIN Atlantic Airways was due to launch the first ever scheduled flight between London and Shanghai today. The twice-weekly service was starting at Heathrow airport with a launch fare of pounds 398 on sale up to June 30 for outbound travel starting on or before July 12. Inaugural party
- Korean Air Reopens Gwangju-Shanghai Air Route.
- News wire article from: YON - Yonhap News Agency of Korea July 28, 2003 700+ words
Gwangju, July 28 (Yonhap) -- Korean Air resumed services on the Gwangju-Shanghai route Monday, more than three months after it suspended flights to and from the Chinese city in the aftermath of the outbreak of severe acute respiratory syndrome (SARS). Korea's national flag carrier brought a group
- President Roh proposes new Seoul-Shanghai air route at ASEAN summit.
- News wire article from: YON - Yonhap News Agency of Korea January 14, 2007 700+ words
CEBU, Phillipines, Jan. 14 (Yonhap) -- South Korean President Roh Moo-hyun on Sunday proposed a new air route between Seoul and Shanghai to help ferry the growing number of passengers between the two cities. Yoon Seung-yong, spokesman for the presidential office Cheong Wa Dae, said Roh made the