transport

Permira buys Hong Kong’s Topcast amid Chinese tourist boom

The private equity investor sees value in the China-focused aircraft parts distributor as the Middle Kingdom increasingly becomes the engine of growth for the industry. The US-China trade war has not as yet dented sales, helped by gradually maturing fleets.
September 04, 2019

Why investing in Indian airlines is a bad idea

Although New Delhi ended the state monopoly two decades ago, it has not created a level playing field for private carriers in the aviation industry. Unless that changes, the industry could continue to struggle.
May 03, 2019

A new route for ride-hailing companies in China

The ride-hailing market in China is saturated and smaller players are now entering into new markets like electric and logistics vehicles to avoid direct competition with the dominant players.
October 24, 2018

AirAsia sells leasing unit at a good price

After putting up its aircraft leasing business for sale for nearly two years, the Malaysian budget carrier finally struck a deal with BBAM for $1.18 billion.
March 01, 2018

Cathay Pacific: the one that got away?

A Hong Kong shopping spree by China's major enterprises shows no sign of abating. But adding a premium airline to the basket now looks less likely.
November 06, 2017

Belt & Road to Brazil? China buys another port

State-owned China Merchants Port agrees to buy controlling stake in TCP, operator of Brazil's second largest port, as Beijing extends its influence to another debt-laden country.
September 04, 2017