Bloomberg United Airlines Holdings Inc will stop flying over Russia for its daily flights to India, becoming the last major US passenger carrier to withdraw from the airspace following the invasion of Ukraine. The airline expects short-term disruptions as it reroutes flights to Mumbai and New Delhi from its hubs in Chicago, Newark and San Francisco, spokeswoman Leslie Scott said. ...

Bloomberg Ryanair Holdings Plc Chief Executive Officer Michael O’Leary said fuel hedging and cost curbs will help it put the squeeze on rivals this summer as the Ukraine invasion adds to a slew of challenges facing airlines. While Ryanair saw bookings drop 20% after Russia launched its attack, sales have already begun to recover and Europe’s biggest discount carrier still ...

Bloomberg A plunging ruble, flight cancellations and money-transfer difficulties are prompting Russian and European tourists to cancel trips to Thailand, a blow to the Asian nation’s tourism-revival efforts. The exclusion of many Russian banks from the SWIFT payments network has resulted in tour operators running into problems when making transfers, according to Charintip Tiyaphorn, co-owner of Pimalai Resort & Spa ...

Bloomberg A Boeing Co 737 cargo plane operated by a Qantas Airways Ltd subsidiary suddenly depressurised during a flight last year after a misplaced insulation blanket clogged up the main outflow valve, Australia’s air-safety investigator said. Cold air rushed into the cockpit and the two-person crew suffered pain in their ears when the jet lost cabin pressure descending through 8,000 ...

  Bloomberg Australian household spending recovered strongly, defying expectations that a renewed coronavirus outbreak would keep shoppers at home, as a shift to living with Covid prompted consumers to head out to shop. Retail sales jumped 1.8% in January to A$32.5 billion ($23.3 billion), compared with a forecast gain of just 0.3%, Australian Bureau of Statistics data showed. Sales across ...

Bloomberg China is “extremely concerned” about the harm to civilians in Ukraine, Foreign Minister Wang Yi told his Ukrainian counterpart in a call, in the latest indication of Beijing’s desire to prevent the war’s further escalation. Wang said the world’s second largest economy also “deplores the outbreak of conflict between Ukraine and Russia,” according to a statement posted on the ...

  Bloomberg Taiwan’s government is juggling competing high-profile visits from the US in a busy week of diplomacy as Washington sends a delegation to democratically run Taipei just before a trip by former secretary of state Michael Pompeo. President Tsai Ing-wen met a bipartisan group led by former chairman of the Joint Chiefs of Staff Michael Mullen in the Presidential ...

  Bloomberg India plans to avoid condemning Vladimir Putin’s invasion of Ukraine as it needs Russian weapons in its standoff with China, and officials in New Delhi are confident the US won’t apply much pressure, people familiar with the matter said. Moscow has been one of India’s biggest weapons suppliers since the Cold War, with more than half of India’s ...

  Bloomberg Russia told the International Atomic Energy Agency that its military had taken control of territory around Ukraine’s Zaporizhzhya nuclear power plant as diplomats hold an emergency meeting to voice their mounting concern over safety with fighting escalating. Ukraine authorities say they maintain control of the plant itself and that a combat-ready military unit remains within the perimeter. Some ...

  Bloomberg Roman Abramovich is selling his London properties, according to British MP Chris Bryant, and a Swiss billionaire said he’s been approached about buying Chelsea Football Club. “He’s terrified of being sanctioned, which is why he’s already going to sell his home tomorrow and sell another flat as well,” Bryant, a member of Britain’s opposition Labour Party, said in ...