Launched Hong Kong-Bangalore Service
Dragonair has launch a new scheduled service between Hong Kong and Bengaluru (Bangalore) in India. The new route marks Dragonair's first flight service to and from India, and it is now the only airline offering a scheduled nonstop service between Hong Kong and Bengaluru. "Dragonair has been looking at opportunities in the Indian market for many years, as we have long recognised the huge potential associated with this important, fast-growing country," said Algernon Yau, Dragonair General Manager Ground Services and International Affairs.
Guangzhou Auto Invests USD992m for Own Brand
Guangzhou Automobile Group, a joint venture partner of Toyota and
Honda, will invest USD992m in new manufacturing facilities to produce
its own car brand, state media and Reuters report. Guangzhou
Automobile's first branded car will be a medium to high-end sedan. The
plant will start operations in 2010, and will eventually have an annual
capacity of 200,000 vehicles and 250,000 engines.
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