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    <description>THE BUSINESS TIMES - Find latest business and financial news including analysis and opinion on top business stories, stock markets in Singapore, Asia-Pacific and global market news and more at The Business Times.</description>
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      <title>Hong Kong flight capacity set to rise 10% on China, South Korea demand</title>
      <link>https://www.businesstimes.com.sg/companies-markets/transport-logistics/hong-kong-flight-capacity-set-rise-10-china-south-korea-demand</link>
      <pubDate>Tue, 21 Apr 2026 06:12:08 +0000</pubDate>
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      <description>Global capacity for May has been reduced by about three percentage points, according to data</description>
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      <title>Keeping Singapore open, investing in people are key to the city-state being competitive: DPM Gan</title>
      <link>https://www.businesstimes.com.sg/companies-markets/transport-logistics/keeping-singapore-open-investing-people-are-key-city-state-being-competitive-dpm-gan</link>
      <pubDate>Tue, 21 Apr 2026 05:16:13 +0000</pubDate>
      <dc:creator> Tay Peck Gek</dc:creator>
      <category>Transport &amp; Logistics</category>
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      <description>The minister encourages governments to speak up for better connectivity to facilitate trade that will benefit all</description>
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      <title>Blue-chips Cathay, MTR tap record-hot Hong Kong dollar bond market</title>
      <link>https://www.businesstimes.com.sg/companies-markets/transport-logistics/blue-chips-cathay-mtr-tap-record-hot-hong-kong-dollar-bond-market</link>
      <pubDate>Tue, 21 Apr 2026 04:24:16 +0000</pubDate>
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      <description>The two companies are aiming to raise at least HK$17 billion through separate bond issues</description>
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      <title>Maritime industry must invest in new capabilities amid cyberthreats, AI adoption: Jeffrey Siow</title>
      <link>https://www.businesstimes.com.sg/companies-markets/transport-logistics/maritime-industry-must-invest-new-capabilities-amid-cyberthreats-ai-adoption-jeffrey-siow</link>
      <pubDate>Tue, 21 Apr 2026 03:00:00 +0000</pubDate>
      <dc:creator> Tay Peck Gek</dc:creator>
      <category>Transport &amp; Logistics</category>
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      <category>Singapore</category>
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      <description>Challenges – such as the growing tech gap – extend beyond the flow of goods through the world’s waterways</description>
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    <item>
      <title>DPM Gan warns of 3 structural shifts to the global system that will bring greater challenges – and opportunities</title>
      <link>https://www.businesstimes.com.sg/companies-markets/transport-logistics/dpm-gan-warns-3-structural-shifts-global-system-will-bring-greater-challenges-and-opportunities</link>
      <pubDate>Tue, 21 Apr 2026 03:00:00 +0000</pubDate>
      <dc:creator> Tay Peck Gek</dc:creator>
      <category>Transport &amp; Logistics</category>
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      <description>The maritime system is becoming more intertwined with geopolitical competition, he says at the Singapore Maritime Lecture</description>
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      <title>ESR establishes 1.6 billion yuan dedicated renminbi income fund</title>
      <link>https://www.businesstimes.com.sg/property/esr-establishes-1-6-billion-yuan-dedicated-renminbi-income-fund</link>
      <pubDate>Tue, 21 Apr 2026 02:19:52 +0000</pubDate>
      <dc:creator>Shikhar Gupta</dc:creator>
      <category>Property</category>
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      <description>The fund is expected to acquire two ESR logistics and industrial assets in Shanghai and Suzhou</description>
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      <title>Hyundai accelerates US output to lighten profit hit from tariffs</title>
      <link>https://www.businesstimes.com.sg/companies-markets/transport-logistics/hyundai-accelerates-us-output-lighten-profit-hit-tariffs</link>
      <pubDate>Tue, 21 Apr 2026 00:28:27 +0000</pubDate>
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      <description>The CEO has been pushing the premium Genesis brand, hybrids and sport utility vehicles to capture higher-margin sales</description>
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      <title>JetBlue CEO rules out bankruptcy this year despite surging fuel costs amid Iran war</title>
      <link>https://www.businesstimes.com.sg/companies-markets/transport-logistics/jetblue-ceo-rules-out-bankruptcy-year-despite-surging-fuel-costs-amid-iran-war</link>
      <pubDate>Mon, 20 Apr 2026 23:06:38 +0000</pubDate>
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      <description>It recently secured a US$500 million debt financing commitment backed by up to 22 aircraft</description>
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    <item>
      <title>Tesla settles wrongful death lawsuit over crash that killed Florida teenager</title>
      <link>https://www.businesstimes.com.sg/companies-markets/transport-logistics/tesla-settles-wrongful-death-lawsuit-over-crash-killed-florida-teenager</link>
      <pubDate>Mon, 20 Apr 2026 22:23:33 +0000</pubDate>
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      <description>[WASHINGTON] Billionaire entrepreneur Elon Musk’s Tesla has settled a wrongful death lawsuit in Florida stemming from a 2018 high-speed crash that killed...</description>
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      <title>Mercedes steps up China comeback with sporty electric C-Class</title>
      <link>https://www.businesstimes.com.sg/companies-markets/transport-logistics/mercedes-steps-china-comeback-sporty-electric-c-class</link>
      <pubDate>Mon, 20 Apr 2026 14:44:20 +0000</pubDate>
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      <description>The company is betting the model will help stem market-share losses in the country</description>
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      <title>AirAsia tests market with Deutsche-led US$230 million private debt</title>
      <link>https://www.businesstimes.com.sg/international/asean/airasia-tests-market-deutsche-led-us230-million-private-debt</link>
      <pubDate>Mon, 20 Apr 2026 08:22:44 +0000</pubDate>
      <category>Asean</category>
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      <description>The 18-month transaction takes the form of a revenue bond backed by ticket sales of several carrier routes</description>
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    <item>
      <title>Asian airlines report Europe demand surge as Gulf hub disruption shifts traffic</title>
      <link>https://www.businesstimes.com.sg/international/global/asian-airlines-report-europe-demand-surge-gulf-hub-disruption-shifts-traffic</link>
      <pubDate>Mon, 20 Apr 2026 00:31:30 +0000</pubDate>
      <category>Global</category>
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      <category>International</category>
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      <description>As a result, customers need to pay a premium for flights that avoid the Gulf, according to data from Google Travel</description>
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    <item>
      <title>EV sales soar in main European markets as drivers shun expensive petrol</title>
      <link>https://www.businesstimes.com.sg/companies-markets/transport-logistics/ev-sales-soar-main-european-markets-drivers-shun-expensive-petrol</link>
      <pubDate>Sun, 19 Apr 2026 22:15:08 +0000</pubDate>
      <category>Transport &amp; Logistics</category>
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      <description>The region’s five largest EV markets have recorded growth of more than 40% in BEV sales so far this year</description>
    </item>
    <item>
      <title>Lutnick shuts down talk of any Chinese investment in US autos</title>
      <link>https://www.businesstimes.com.sg/companies-markets/transport-logistics/lutnick-shuts-down-talk-any-chinese-investment-us-autos</link>
      <pubDate>Sat, 18 Apr 2026 08:10:28 +0000</pubDate>
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      <description>[BEIJING] US Commerce Secretary Howard Lutnick ruled out the possibility of Chinese investment in the US auto industry, saying there’s no need...</description>
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    <item>
      <title>Greek, Indian tankers U-turn before Hormuz amid reopening doubt</title>
      <link>https://www.businesstimes.com.sg/companies-markets/transport-logistics/greek-indian-tankers-u-turn-hormuz-amid-reopening-doubt</link>
      <pubDate>Sat, 18 Apr 2026 07:09:59 +0000</pubDate>
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      <description>[SINGAPORE] Several oil tankers have u-turned in the Persian Gulf after appearing to try to transit the Strait of Hormuz, as shipowners...</description>
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      <title>American Airlines says it’s not interested in United Merger</title>
      <link>https://www.businesstimes.com.sg/companies-markets/transport-logistics/american-airlines-says-its-not-interested-united-merger</link>
      <pubDate>Sat, 18 Apr 2026 02:05:22 +0000</pubDate>
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      <description>[NEW YORK] American Airlines said it’s not engaged with or interested in any discussions regarding a merger with rival United Airlines, dampening...</description>
    </item>
    <item>
      <title>Vietjet signs finance lease deal with SPDB for 10 Chinese-made Comac aircraft</title>
      <link>https://www.businesstimes.com.sg/companies-markets/transport-logistics/vietjet-signs-finance-lease-deal-spdb-10-chinese-made-comac-aircraft</link>
      <pubDate>Fri, 17 Apr 2026 05:34:58 +0000</pubDate>
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      <description>The carrier currently operates 135 aircraft</description>
    </item>
    <item>
      <title>Despite Iran war impact, Changi Airport Q1 passenger traffic up 2.3% on North Asia, Europe demand</title>
      <link>https://www.businesstimes.com.sg/companies-markets/transport-logistics/despite-iran-war-impact-changi-airport-q1-passenger-traffic-2-3-north-asia-europe-demand</link>
      <pubDate>Fri, 17 Apr 2026 02:56:51 +0000</pubDate>
      <dc:creator>Therese Soh</dc:creator>
      <category>Transport &amp; Logistics</category>
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      <description>It hits a record 70.4 million for the 12 months ended March 2026 </description>
    </item>
    <item>
      <title>Stellantis invests 100 million euros to keep site near Paris open</title>
      <link>https://www.businesstimes.com.sg/companies-markets/transport-logistics/stellantis-invests-100-million-euros-keep-site-near-paris-open</link>
      <pubDate>Fri, 17 Apr 2026 02:15:40 +0000</pubDate>
      <category>Transport &amp; Logistics</category>
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      <description>The company has 12 sites in France and dozens elsewhere in Europe</description>
    </item>
    <item>
      <title>Honda to shut two plants in China jointly owned with GAC, Dongfeng, magazine says</title>
      <link>https://www.businesstimes.com.sg/companies-markets/transport-logistics/honda-shut-two-plants-china-jointly-owned-gac-dongfeng-magazine-says</link>
      <pubDate>Fri, 17 Apr 2026 01:34:12 +0000</pubDate>
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      <description>[TOKYO] Honda Motor will shut two internal combustion engine car plants in China and slash annual production capacity in the country to...</description>
    </item>
    <item>
      <title>European airlines face fuel shortages within weeks</title>
      <link>https://www.businesstimes.com.sg/companies-markets/transport-logistics/european-airlines-face-fuel-shortages-within-weeks</link>
      <pubDate>Fri, 17 Apr 2026 00:02:58 +0000</pubDate>
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      <description>Europe is by far the biggest consumer of jet fuel shipped through the Strait of Hormuz</description>
    </item>
    <item>
      <title>Yangzijiang Maritime orders 8 giant oil tankers, sells 4 smaller vessels in twin deals</title>
      <link>https://www.businesstimes.com.sg/companies-markets/yangzijiang-maritime-orders-8-giant-oil-tankers-sells-4-smaller-vessels-twin-deals</link>
      <pubDate>Thu, 16 Apr 2026 13:16:29 +0000</pubDate>
      <dc:creator>Tessa Oh</dc:creator>
      <category>Companies &amp; Markets</category>
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      <description>The acquisition will be funded through a combination of equity co-investment and debt financing</description>
    </item>
    <item>
      <title>SIA’s dividend capacity will be curtailed if it injects more than expected fund into Air India, says analyst</title>
      <link>https://www.businesstimes.com.sg/companies-markets/transport-logistics/sias-dividend-capacity-will-be-curtailed-if-it-injects-more-expected-fund-air-india-says-analyst</link>
      <pubDate>Thu, 16 Apr 2026 03:33:23 +0000</pubDate>
      <dc:creator> Tay Peck Gek</dc:creator>
      <category>Transport &amp; Logistics</category>
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      <description>The Indian airline racks up a wider-than-expected annual loss of more than 220 billion rupees for FY2026</description>
    </item>
    <item>
      <title>SBS Transit shares rally past S$4 on bumper dividend, stronger cash flow visibility</title>
      <link>https://www.businesstimes.com.sg/companies-markets/sbs-transit-shares-rally-past-s4-bumper-dividend-stronger-cash-flow-visibility</link>
      <pubDate>Thu, 16 Apr 2026 03:21:47 +0000</pubDate>
      <dc:creator>Derryn Wong</dc:creator>
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      <description>Analysts say the expected total dividend of nearly S$0.50 per share implies a 14.4% yield</description>
    </item>
    <item>
      <title>White House has no opinion on potential United Airlines deal for American Airlines</title>
      <link>https://www.businesstimes.com.sg/companies-markets/transport-logistics/white-house-has-no-opinion-potential-united-airlines-deal-american-airlines</link>
      <pubDate>Thu, 16 Apr 2026 00:11:38 +0000</pubDate>
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      <description>[WASHINGTON] The Trump administration does not have an opinion on reports that United Airlines was considering merging with rival American Airlines, White...</description>
    </item>
    <item>
      <title>British carmakers seek clarity on ‘Made in EU’ rule as trade risks grow</title>
      <link>https://www.businesstimes.com.sg/companies-markets/transport-logistics/british-carmakers-seek-clarity-made-eu-rule-trade-risks-grow</link>
      <pubDate>Wed, 15 Apr 2026 22:52:49 +0000</pubDate>
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      <description>[BRUSSELS] The UK’s automotive industry group SMMT said on Thursday carmakers need clarity now on whether Britain will count as ‘Made in...</description>
    </item>
    <item>
      <title>Spirit Airlines at risk of facing liquidation as fuel costs bite</title>
      <link>https://www.businesstimes.com.sg/companies-markets/transport-logistics/spirit-airlines-risk-facing-liquidation-fuel-costs-bite</link>
      <pubDate>Wed, 15 Apr 2026 22:04:47 +0000</pubDate>
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      <description>Airlines broadly are grappling with higher jet fuel prices due to the US-Iran war</description>
    </item>
    <item>
      <title>Stellantis eyes Dongfeng carmaking deal in Europe, China</title>
      <link>https://www.businesstimes.com.sg/companies-markets/transport-logistics/stellantis-eyes-dongfeng-carmaking-deal-europe-china</link>
      <pubDate>Wed, 15 Apr 2026 12:39:23 +0000</pubDate>
      <category>Transport &amp; Logistics</category>
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      <description>Stellantis may share European plants with Dongfeng in exchange for China-based production</description>
    </item>
    <item>
      <title>Yangzijiang spins off new unit to operate vessel delivery and repair in Nantong </title>
      <link>https://www.businesstimes.com.sg/companies-markets/yangzijiang-spins-new-unit-operate-vessel-delivery-and-repair-nantong</link>
      <pubDate>Wed, 15 Apr 2026 11:54:12 +0000</pubDate>
      <dc:creator>Tessa Oh</dc:creator>
      <category>Companies &amp; Markets</category>
      <category>Transport &amp; Logistics</category>
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      <description>The new subsidiary has a registered capital of US$100 million, funded through the group’s internal resources</description>
    </item>
    <item>
      <title>SIA Group flies record 42.4 million passengers in FY2026; March traffic up 14.7%</title>
      <link>https://www.businesstimes.com.sg/companies-markets/sia-group-flies-record-42-4-million-passengers-fy2026-march-traffic-14-7</link>
      <pubDate>Wed, 15 Apr 2026 10:50:43 +0000</pubDate>
      <dc:creator>Deon Loke</dc:creator>
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      <description>The annual passenger total is a 7.7% increase from the previous record of 39.4 million</description>
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    <item>
      <title>Scoot tops Cirium’s global airline emissions efficiency rankings for 2025</title>
      <link>https://www.businesstimes.com.sg/international/global/scoot-tops-ciriums-global-airline-emissions-efficiency-rankings-2025</link>
      <pubDate>Wed, 15 Apr 2026 09:34:45 +0000</pubDate>
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      <description>High seat density of 242 seats per aircraft and longer average flight sectors of 2,157 km have driven its performance</description>
    </item>
    <item>
      <title>Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss</title>
      <link>https://www.businesstimes.com.sg/international/global/air-india-asks-tata-singapore-airlines-funds-after-us2-4-billion-loss</link>
      <pubDate>Wed, 15 Apr 2026 07:34:40 +0000</pubDate>
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      <description>The record loss comes at a critical juncture for Air India</description>
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    <item>
      <title>S-E Asia’s cruise industry raked in S$12.7 billion in 2024, with Singapore handling nearly half the passengers</title>
      <link>https://www.businesstimes.com.sg/companies-markets/transport-logistics/s-e-asias-cruise-industry-raked-s12-7-billion-2024-singapore-handling-nearly-half-passengers</link>
      <pubDate>Wed, 15 Apr 2026 01:06:20 +0000</pubDate>
      <category>Transport &amp; Logistics</category>
      <category>Companies &amp; Markets</category>
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      <description>[SINGAPORE] The cruise industry in South-east Asia yielded US$10 billion (S$12.7 billion) in 2024, making up 5 per cent of the global...</description>
    </item>
    <item>
      <title>Boeing jet deliveries slow in March due to 737 MAX wiring issue </title>
      <link>https://www.businesstimes.com.sg/companies-markets/transport-logistics/boeing-jet-deliveries-slow-march-due-737-max-wiring-issue</link>
      <pubDate>Tue, 14 Apr 2026 15:20:46 +0000</pubDate>
      <category>Transport &amp; Logistics</category>
      <category>Companies &amp; Markets</category>
      <category>International</category>
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      <description>[SEATTLE] Boeing said on Tuesday (Apr 14) it delivered 46 jets in March, down from 51 the prior month, as the company...</description>
    </item>
    <item>
      <title>Yangzijiang Maritime secures US$89.8 million in leasing agreements for 13 vessels</title>
      <link>https://www.businesstimes.com.sg/companies-markets/yangzijiang-maritime-secures-us89-8m-leasing-agreements-13-vessels</link>
      <pubDate>Tue, 14 Apr 2026 13:37:20 +0000</pubDate>
      <dc:creator>Tessa Oh</dc:creator>
      <category>Companies &amp; Markets</category>
      <category>Transport &amp; Logistics</category>
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      <description>CEO Ren Yuanlin cites the ‘tonnage-mile’ effect and a ‘vital’ fleet-renewal cycle as tailwinds</description>
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