Bloomberg Thailand plans to scrap a mandatory polymerase chain reaction test on arrival for foreign visitors from next month as the Southeast Asian nation steps up efforts to attract more tourists amid a rebound in global travel. The RT-PCR tests will be replaced with antigen tests at the airports, Deputy Health Minister Satit Pitutecha told reporters in Bangkok after a ...
Read More »Aviation
India’s Jet Air coming back with no frills, hybrid model
Bloomberg Jet Airways India Ltd, which is undergoing a court-monitored restructuring, plans to return with a hybrid of premium and no-frills services that would allow the former top local airline to claw back market share while managing costs in the fiercely competitive Indian aviation market. The bankrupt airline, now helmed by a new set of owners, will have a ...
Read More »Boeing Max 10 faces delay from lawmaker’s stance
Bloomberg A key lawmaker said that he opposes giving Boeing Co more time to certify its Max 10, signalling potential and costly delays for the planemaker’s next model of the 737. Representative Peter DeFazio, the Oregon Democrat who leads the House Transportation and Infrastructure Committee, said in an opening statement at a hearing that he would oppose Congress extending ...
Read More »Hong Kong falls ‘off the map’ as aviation hub
Bloomberg Hong Kong has ceased to function as an international aviation hub as it curbs inbound flights and quarantines arriving passengers, according to a trade group representing hundreds of airlines worldwide. “It’s effectively off the map now, and I think it’s going to be difficult for Hong Kong to recover,†Willie Walsh, director general of the International Air Transport ...
Read More »China 737 crash clues awaited as black boxes arrive in US
Bloomberg Investigators trying to figure out why a Boeing Co 737-800 plunged to the ground in China last month could gain key clues within days from the jet’s black boxes, which were sent to the US. “I’d expect within a week the investigation team would have the information,†said Neil Campbell, a retired air-safety investigator at the Australian Transport ...
Read More »Virgin Australia offering discounts, extra air miles
Bloomberg Virgin Australia is offering a raft of discounts and extra air miles to business customers, traditionally a stronghold of Qantas Airways Ltd, as part of a longer-term bid to lock in one third of the domestic air-travel market. The Bain Capital-owned airline rolled out a loyalty program specifically targeting Australian businesses. New members can get cheaper fares, and ...
Read More »Ex-Bamboo Air chairman’s aide detained for probe in Vietnam
Bloomberg Vietnam police detained the aide to Bamboo Airways former Chairman Trinh Van Quyet as part of a widening probe in alleged stock manipulation at real estate developer FLC Group, which he founded. FLC accountant Trinh Thi Minh Hue, reportedly Quyet’s sister, will be detained for three months, the public security ministry said. Police detained Quyet as part of ...
Read More »Citi to lead $1b DFW airport bond sale in Texas comeback
Bloomberg Citigroup Inc is underwriting a $1.2 billion bond sale for the Dallas Fort Worth International Airport, the largest deal it has managed since reentering the Texas municipal-bond market after being temporarily sidelined last year over the bank’s firearms policy. The transaction would be a major win for the bank’s public finance business, which has seen its standing in ...
Read More »Airbus weighs more delay in A350 ramp-up
Bloomberg Airbus SE is weighing a further delay in its production plan for A350 widebody jets after sanctions on Russia weakened the outlook for deliveries, according to people familiar with the matter. A goal of building six A350s a month by early 2023, which had been reiterated as recently as February, may now slide to the end of that ...
Read More »Ryanair narrows forecast, sees loss of up to $440m
Bloomberg Ryanair Holdings Plc narrowed the range for its annual loss as Europe’s biggest low-cost carrier turns the page on a year disrupted by the coronavirus pandemic. The loss for the year ended on March 31 will be between 350 million euros and 400 million euros ($387 million-$440 million) before special items, the Dublin-based carrier said in a statement. Ryanair ...
Read More »