Beijing Capital Airport is in talks to invest in provincial Chinese airports, while reporting a 21.5% drop in first-half profits. It has reportedly signed a letter of intent to invest in tourist centre Xian and is considering investment at airports at Dalian, Chengdu, and Kunming.
Ladish plans a $10-12 million investment in Oregon-based Pacific Cast Technologies, acquired in January, to double its capacity to produce titanium castings for the aerospace industry.
Source: Flight International