Aerospace and transportation highlights to 09:10 GMT

Aerospace and transportation highlights to 09:10 GMT

	Published : Fri, 23 Feb 2007 10:27 By : Agencies Print this Story

2007-02-23 08:21:57

Yamaha Motor staff arrested over China helicopter export plan

TOKYO (XFN-ASIA) - Police said they have arrested three employees of Yamaha

Motor Co. for allegedly attempting to export to China a helicopter with

potential military uses.

2007-02-23 06:42:57

ABB nominates Continental's Hubertus von Gruenberg as new chairman

ZURICH (AFX) - ABB Ltd said its board has nominated Hubertus von Gruenberg,

currently chair of Germany's Continental AG, to succeed Juergen Dormann as

chairman of the company when he steps down at its next AGM on May 3.

2007-02-23 05:41:03

BROKER CALL - HK's Hutchison Telecom target raised to 18.88 hkd - Morgan Stanley

HONG KONG (XFN-ASIA) - Morgan Stanley has raised its price target for

Hutchison Telecommunications International Ltd (HTIL) to 18.88 hkd from 11.15

following the sale of the company's 67 pct stake in the Indian unit Hutchison

Essar Ltd.

2007-02-23 04:39:53

BROKER CALL - Hutch Telecom spl div at mid- to low-end of expectations - Goldman

HONG KONG (XFN-ASIA) - Hutchison Telecommunications International Ltd's

(HTIL's) special dividend following the sale of its Indian mobile assets was at

the mid- to low-end of the market's average expected range, Goldman Sachs said.

2007-02-23 00:34:35

Air New Zealand to revive direct Canada service

WELLINGTON (XFN-ASIA) - Air New Zealand Ltd announced it is to resurrect a

direct service to Canada as part of a route overhaul with flights from Auckland

to Vancouver starting in November.

2007-02-23 00:16:33

AirAsia's Fernandes raises stake in Malaysia's Tune Air to 48.04 pct

KUALA LUMPUR (XFN-ASIA) - Tune Air Sdn Bhd said AirAsia Bhd founder Tony

Fernandes has added a 3.5 pct stake to his holdings in Tune Air after a

restructuring, bringing his total stake to 48.04 pct.