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25. Marriott Opens First Moxy Hotel in Taiwan
The Moxy Taichung is located near many of the city's attractions, including the Rainbow Village, Zhongshe Flower Market, as well as the street food paradise of Yizhong Street Night Market. The hotel is also just a short distance from the nearest subway station and 13 minutes from the Taiwan High Speed Rail Taichung Station.
26. Boeing Forecasts China to Acquire 8,600 New Planes by 2040
Boeing has forecast that Chinas airlines will acquire 8,600 new airplanes valued at $1.4 trillion and commercial aviation services valued at $1.7 trillion over the next 20 years, reflecting an expected robust recovery following the COVID19 pandemic.
27. Subash Basrur Joins Courtyard by Marriott Penang as General Manager
Subash Basrur has joined the Courtyard by Marriott Penang as General Manager. Subash has a wealth of experience in the luxury hotel industry, having managed hotels and resorts in Australia, China and Japan.
28. Smiths Detection Expands IONSCAN 600 Capabilities to Detect Spice
Smiths Detection has developed the capability to detect synthetic cannabinoids, commonly known as Spice or K2, with its IONSCAN 600 trace detection solution.
29. Richard Thomson to Join Air New Zealand as Chief Financial Officer
Air New Zealand has appointed Richard Thomson as Chief Financial Officer. Mr Thomson, a former employee of Air New Zealand, has been Chief Financial Officer of publicly listed Metlifecare for the past three years where he has been closely involved in its recent acquisition by APVG.
30. Hong Kong International Airport Handled Just 79,000 Passengers in October
Hong Kong International Airport (HKIA) handled 79,000 passengers and 10,880 flight movements in October 2020, representing year-on-year decreases of 98.5% and 68.3%, respectively. Cargo throughput declined 5.7% to 404,000 tonnes compared to the same month last year.
31. Vietjet and UPS Expand Partnership
Vietjet and UPS, a global leader in logistics, recently entered into an agreement to leverage each others global and regional network by further growing trade lanes from Asia to destinations in the U.S.
32. Singapore Airlines Raises S$850 Million Through Convertible Bond Issue
Singapore Airlines (SIA) has raised S$850 million via a convertible bond issue that has been placed with a variety of institutional investors. The offer was more than four times oversubscribed. As a result, the issuance was upsized from the initial S$750 million to S$850 million with more attractive terms for SIA.

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