CACHE Logistics Trust posted a fourth-quarter distribution per unit (DPU) of 2.10 cents, up 8.5 per cent from the previous corresponding period's 1.94 cents. Boosted by accretive acquisitions completed last year, the logistics real estate investment trust's distributable income for the three months ended Dec 31, 2011, came in 9.2 per cent higher at $13.4 million, compared with $12.3 million a...

AIRBUS declared 2011 the most successful in the company's history after delivering 534 commercial aircraft to 88 customers (including 10 new ones) and booking 1,419 net orders. And 2011 also marked the 10th successive year of production increase. The 534 deliveries made by Airbus beat the previous record set in 2010 by 24 aircraft. Deliveries include a new record for 421 single-aisle aircraft...

SELETAR Airport is preparing for its role as a regional hub for private jet operations and for the repair and overhaul of aircraft by souping up its facilities. It has just completed building a new control tower, and its runway has been lengthened from 1.6km to 1.84km so that it can take bigger, heavier aircraft. In 2014, the control tower will be fitted with an instrument-landing system...