The Business Times
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Transport & Logistics

Transport & Logistics

Boeing keeps 20-year forecast for jet demand steady, shrugs off Iran war impact

China typically orders aircraft from Airbus and Boeing in bulk and then distributes them among its state-owned carriers. 
Transport & Logistics

Airbus wins major order from Air China to firm regional hold

Asia-Pacific airlines’ costs rose in tandem with revenues in 2025; their combined operating expenses increased 4.3% to US$209.4 billion.
Asean Business

Asia-Pacific airlines’ 2025 revenues climb 4.3% to US$223.7 billion on travel surge

CEO Hakan Samuelsson says Volvo Cars has dropped its ambition for full-year volume growth and his main current takeaway is that “the market is pretty bleak”.
Transport & Logistics

Volvo Cars scraps sales-growth target due to slump in China

Hostilities have intensified since Iran said late on Jul 11 that it had closed the Strait of Hormuz. 
International

Fewer vessels travel through Hormuz after US resumes blockade

British budget carrier easyJet is nearing a US-led takeover that would see the 30-year-old airline go private at a valuation far below its pre-pandemic peak.
Transport & Logistics

Iran war leaves crisis-weary European airlines ready for a shake-out

United forecast adjusted earnings of US$2.50 to US$3.50 per share.
Transport & Logistics

United Airlines warns of nearly US$6 billion fuel hit as oil-price surge weighs on outlook

Yap Chee Khean assumes the role of ComfortDelGro’s first COO on Oct 15.
Companies & Markets

ComfortDelGro appoints Yap Chee Khean to newly created group COO role

Analysts say a flood of new drivers searching for work in a sluggish economy, combined with cheap electric cars, is depressing fares and attracting passengers.
International

China turns to electric taxis to soften Hormuz oil shock

Ng Chee Khern (left) will take over from Edmund Cheng, who is stepping down after more than nine years at the Civil Aviation Authority of Singapore.
Transport & Logistics

Ng Chee Khern to succeed Edmund Cheng as CAAS chairman from Aug 1

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