Chinese province to form airport joint venture

Article Abstract:

New World Group of Hong Kong and the Hubei Province of Central China will start a joint venture in 1998 to construct an airport that will be based in the provincial capital of Wuhan, China. Wuhan Tianhe Airport Company will open for business in July 1998 as part of the joint venture's key preparatory step. The joint venture is anticipated to raise more funds and advanced management expertise. Likewise, the joint venture will be in charge of Tianhe Airport's efficiency, safety operations, repayment of loans and service quality.

China, Joint ventures, Airports, Article, New World Group, Wuhan Tianhe Airport Co.

---

Amsterdam Schiphol profit boost

Article Abstract:

The Schiphol Group has posted a profit increase of 13.1% for 2000, or NLG316.8 million from 1999. However, return on net assets fell from 9.4% in 1999 to 8.7% in 2000. The decrease is largely due to the group's substantial investments, which resulted in fixed asset growth outstripping operating profit. Return on equity was up slightly to 9.9%. The 9.0% rise in airport fees was partly attributable to price increases, which had a net effect of only 1.2%.

Netherlands, Sales, profits & dividends

---

Similar abstracts:

• Abstracts: The decade to come. Creative venture capital
• Abstracts: The glow begins to fade. A taste of spring: Russia. Russia's wretched farthest east
• Abstracts: Unleashing the dogs of law. A college education. In the mire
• Abstracts: First the put; then the cut? When America sneezes. High rise, with a hint of vertigo
• Abstracts: New handling alliance. New targets for connecting passengers and bags

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.