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American Airlines CEO cites capacity growth risks
American Airlines Group Inc Chief Executive Doug Parker voiced concern on Sunday about the risk that capacity growth among airlines could depress profits, but told Reuters that in contrast with past cycles, the rise in capacity "feels different."
Boeing predicts both strong air traffic and plane sales this year
Boeing Co (BA.N) said it expects airline passenger traffic to rise more than 6 percent in 2015, possibly close to 6.5 percent, above its long-range forecast of about 5 percent.
Japanese firms pay high price for Asia M&A spree: Tokio Marine president
Japanese firms have been so busy paying top dollar in overseas acquisitions that sellers looking to offload assets in Asia now expect them to pay over the odds, according to the head of the country's biggest insurer, Tokio Marine Holdings Inc (8766.T).
Hungary first European country to sign up for China Silk Road plan
Hungary has become the first European country to sign a cooperation agreement for China's new "Silk Road" initiative to develop trade and transport infrastructure across Asia and beyond, China's foreign ministry said late on Saturday.