WASHINGTON (Reuters) -New orders for key U.S.-manufactured capital goods increased more than expected in July, suggesting business spending on equipment got off to a strong start in the third quarter. Non-defense capital goods orders excluding aircraft, a closely watched proxy for business spending, surged 1.1% last month after a revised 0.6% decline in June, the…
Guangzhou-based China Southern Air Holding is considering listing China Southern Air Cargo (CZ, Guangzhou) on the Hong Kong Stock Exchange (HKEX), according to Bloomberg. The IPO could raise “hundreds of millions of dollars” but comes hot on the heels of abandoning a planned listing on the Shanghai Stock Exchange and as the US and China…
Hong Kong Airlines (HX, Hong Kong International) is hunting for more aircraft to satisfy passenger demand but will turn to the used aircraft market as wait times for new aircraft extend into the next decade, vice president Zhan Guicai told Bloomberg. “We need more aircraft,” he said. “We will introduce as many as possible.” According…
Aegle Aviation (Hong Kong International) has added its first Legacy 600, ch-aviation research reveals, marking the introduction of an Embraer Executive Jets aircraft to its fleet. T7-MPI (msn 14500979) is based at Jakarta Halim and frequently flies to various destinations across Southeast Asia. The 17.8-year-old jet was initially registered in Bermuda before moving through several…