I’m struggling - fly me

I’m struggling - fly me

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Tesla reports surprise profit despite Covid-19 upheaval

Tesla reports surprise profit despite Covid-19 upheaval

Tesla reported a surprise second-quarter profit on Wednesday as it confirmed ambitious targets for 2020 car deliveries despite the coronavirus pandemic and announced plans for a new auto factory in Texas. The result clears the way for the highflying company led by Elon Musk to potentially join the S&P 500. ...

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Passenger flights to resume to China

Passenger flights to resume to China

(ATF) The Civil Aviation Administration of China announced on Tuesday July 21 that passengers who wish to fly to China can do so – but said people will only be allowed on board if they have a certificate to verify that they have done a test and been found not ...

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Covid-19 spike hitting travel demand

Covid-19 spike hitting travel demand

After a brief uptick in flying interest, the jump in US coronavirus cases has crushed travel demand during the normally busy summer season, the head of Delta Air Lines said on Thursday, warning of job cuts ahead. Delta chief executive Ed Bastian said surging coronavirus cases in the US Sun ...

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China seeks private role in transport projects

China seeks private role in transport projects

(ATF) China has announced new measures to encourage private-sector participation in transport infrastructure projects. The move is part of efforts to inject new vitality into the economy after the coronavirus brought down the economy and foster high-quality social and economic development, according to the country's top economic regulator. The document, ...

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Five cities named for major China-Europe rail hub status

Five cities named for major China-Europe rail hub status

(ATF) China plans to invest 200 million yuan ($28.5m) to build China-Europe railway distribution hubs in five cities. The project aims to make better use of the railways and reduce costs, according to the National Development and Reform Commission (NDRC) earlier this week. Chengdu, Zhengzhou, Chongqing, Xi'an and Urumqi will ...

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Auto sales climb as van demand surges on e-commerce growth 

Auto sales climb as van demand surges amid e-commerce growth

(ATF) Auto sales grew in China last month, led by light commercial vehicles as a surge in online sales during the coronavirus epidemic stoked demand for delivery vehicles. Courier companies’ need for vans helped push the inventory warning index of China's automobile dealers to 56.8% in June, up 2.6% month-on-month ...

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