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Financial disclosures show executive salaries at leading brokerages have fallen in past two years
...For Comac to compete with Airbus or Boeing on a global scale, “it’s probably going to take 20 years”, said Willie Walsh, head of the International Air Transport Association....
UK’s second-largest airport expects passenger numbers to be back at pre-pandemic levels in 2025
...The favoured bidder in an estimated €610mn contract for 20 electric trains is CRRC Qingdao Sifang Locomotive, a subsidiary of CRRC, the world’s largest train manufacturer....
...This ranges from its flagship lithium batteries, solar modules, electric-powered buses, trucks and trains to complex artificial intelligence and software used to control and connect transport and power systems...
...The airlines have been unprofitable since the pandemic began, when Beijing introduced some of the world’s most restrictive travel and quarantine rules....
...The Peruvian government has trumpeted Chancay, capable of berthing some of the world’s largest cargo ships and drawing maritime traffic from Chile, Ecuador and Colombia, as an important investment success...
...Along with falling sales at Tesla and BYD, the world’s two biggest sellers of battery-powered vehicles, it is a sign of trouble for the crucial shift towards green transport in the 21st century....
...Transport authorities are investigating the details of the collision, with a view to ensuring that such an unusual and tragic accident, in which five people died, does not happen again....
...With Parliament in recess and half the world still on some form of Easter holiday, I had intended to keep this week’s newsletter both briefer than usual, and a news-free zone, using the quieter holiday period...
...This means strong co-ordination and incentives to improve both the asset and the service....
...The Japan Transport Safety Board is investigating the incident along with police and other official agencies....
Gap with Toyota is set to widen and low-priced Chinese electric cars are a threat
...Nissan and Honda began talks in January, and the scope of their co-operation includes software, core EV components and auto-intelligence technology....
...Rob Barnstone, a longtime campaigner against a third runway and co-ordinator of the No 3rd Runway Coalition, would like the change of leadership to bring a new attitude to expansion but does not hold out...
...The Department for Transport said: “The Government is committed to supporting the entire sector and is working with all rolling stock manufacturers, including Hitachi, on the future pipeline of orders which...
...Both Tesla and BYD — the world’s first and second-largest EV manufacturers — reported a strong drop in sales in the first three months of this year compared with the previous quarter....
Warren East takes over as company tries to recover from consequences of technical meltdown last summer
Whistleblower says he was told to ‘shut up’ after raising questions about 777 and 787 aircraft
...and co-ordination” played a role in runway incursions....
...The business has also launched its own ship to transport vehicles from China to Europe, which further reduces costs, he added....
...for export to the world’s automotive heartlands....
...While the cause of the accident and the exact sequence of events remains under investigation by the Japan Transport Safety Board, police and other official agencies, experts said the evacuation of the 367...
...Known for making France’s high-speed TGV trains, Alstom is the world’s second-biggest train manufacturer after China’s CRRC and has contracts stretching from Australia to Saudi Arabia, with more than 80,000...
...The capital’s transport authority had earlier argued that its offer of a 5 per cent rise for staff was all it could afford....
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