Aviation

Bloomberg Deutsche Lufthansa AG banned cargo from moving through its Frankfurt hub due to surging Covid-19 infections and related staff shortages in the German city. The move will impact goods arriving from other parts of Germany, the rest of Europe and North America, according to an emailed statement. Direct deliveries to Frankfurt — a major transport hub for coronavirus vaccines ...

  Bloomberg Wizz Air Holdings Plc is scouring its European operations for planes and staff to boost UK capacity amid mounting optimism that test-free travel will spur a comeback in demand by the summer. Bookings are up as Britain prepares to scrap testing for vaccinated arrivals after the omicron variant of Covid-19 pushed Wizz to a loss last quarter. Chief ...

  Bloomberg Boeing Co. generated cash for the first time since early 2019 as rising 737 Max deliveries helped bolster company finances against mounting 787 Dreamliner losses. Wall Street was caught by surprise by the $494 million in fourth-quarter free cash flow, disclosed in an earnings statement Wednesday. Analysts had expected an outflow of about $1 billion. Boeing has also ...

  Bloomberg Britain will compel airlines to use 70% of takeoff and landing slots this summer to boost competition after the coronavirus crisis, angering carriers still struggling with demand far short of pre-pandemic levels. To ease the transition towards use-it-or-lose-it requirements that are closer to 2019 levels, the Department for Transport also published an extended list of get-out clauses, such ...

  Bloomberg China accused the US of “bullying” over its decision to suspend dozens of flights from America by Chinese airlines, underscoring lingering tensions between the world’s biggest economies. The US “wantonly suspended Chinese flights and disrupted their normal operations,” Foreign Ministry spokesman Zhao Lijian said at a regular press briefing in Beijing on Monday. “It is irresponsible and unreasonable.” ...

  Bloomberg United Airlines Holdings Inc. expects a delayed recovery in air travel this year as the coronavirus resurgence pressures business and leisure travel, slowing the carrier’s momentum after a robust holiday season pushed its fourth-quarter results above Wall Street’s estimates. The spreading omicron variant prompted United to lower its capacity forecast for 2022 to below the 2019 level, according ...

  Bloomberg Airline bosses are urging UK Health Secretary Sajid Javid to restore restriction-free international travel at least for the fully vaccinated, citing evidence that recent curbs haven’t been effective in preventing the spread of omicron. In a letter to Javid, chief executives of British Airways, Ryanair and other carriers asked for a clear protocol for managing future outbreaks “without ...

  Bloomberg The US government suspended 44 scheduled Chinese airline flights from the US to China in response to restrictions placed on American carriers over Covid-19 testing protocols. The US Department of Transportation issued restrictions against four Chinese airlines in a dispute that has been percolating since the pandemic erupted in 2020. China in recent months had suspended flights on ...

  Bloomberg Deutsche Lufthansa AG may seek a 40% stake in Alitalia’s successor ITA Airways, Italian newspaper Il Foglio reported, citing unnamed sources. The plan, which could be announced in coming days, would be subject to European Union approval, the paper said. The two sides are close to agreement on issues including financial consolidation and turning Rome’s Fiumicino airport into ...

  Bloomberg Australia will allow international air travelers to enter the country if they provide results from a rapid antigen test taken within 24 hours of departure. A RAT must be undertaken by or under the supervision of a medical practitioner that includes pharmacists or trained personnel at an authorized airport testing station, the Ministry of Health said on its ...