Aviation

  Bloomberg Hong Kong will mandate three-day hotel quarantines for air cargo crew, as the Asian city steps up efforts to prevent any local transmission of the contagious omicron Covid-19 variant. “We have to balance between the risk of infectious disease outbreaks and the cargo operation,” Edwin Tsui, controller of the Center for Health Protection, said at a press briefing ...

  Bloomberg A powerful storm rammed western Japan with record snowfall, disrupting flights, train travel and leaving hundreds without power. Snowfall surpassed 70 centimetrs (28 inches) in the cities of Hikone and Maizuru, in the prefectures of Shiga and Kyoto, respectively, data from the Japan Meteorological Agency showed. Obama city in Fukui, Japan’s coastal region, received record snowfall for this ...

  Bloomberg US aviation regulators expanded their warning about 5G service set to launch January 5 on new frequencies, saying potential interference could have a broad impact on aircraft safety systems. The Federal Aviation Administration issued a Safety Alert for Operators warning that “a wide range” of aircraft safety devices could malfunction and laid out the process it will follow ...

  Bloomberg Airlines’ US flight cancellations approached 1,900 for the Christmas weekend, disrupting travel on one of the busiest periods of the year as the Omicron-fueled wave of Covid cases triggered air-crew shortages. Saturday’s pullbacks erased at least 12% of the schedule at Delta Air Lines Inc, United Airlines Holdings Inc and JetBlue Airways Corp, according to data tracker FlightAware.com. ...

  Bloomberg CK Asset Holdings Ltd said it’s exiting the aircraft-leasing sector due to a “paradigm shift” caused by the coronavirus pandemic, selling two indirect wholly-owned subsidiaries to Maverick Aviation Partnership LP for $4.28 billion. The company is selling Accipiter Finance for about $2.44 billion and Manchester Aviation Finance for $1.84 billion, according to a filing to the Hong Kong ...

  Bloomberg Airbus SE is on track to meet its 600-jet delivery goal for 2021, according to people familiar with the situation, though holdups with the handover of some wide-body aircraft have complicated the issue. As of mid-December the European planemaker had shipped around half of the 82 jets it must deliver this month to meet the full-year goal, according ...

  Bloomberg US aviation regulators have proposed modifications to some Boeing Co 777 jets to prevent engine debris from flying loose in a failure and endangering passengers as happened in some recent incidents. The Federal Aviation Administration (FAA) filed a pair of proposed directives in the Federal Register that would require strengthening the engine inlets and adding shielding on Pratt ...

  Bloomberg Ryanair Holdings Plc expects to report a wider full-year loss than previously forecast after the emergence of the omicron Covid-19 variant plunged the European travel industry into renewed uncertainty. The Irish low-cost airline now anticipates a net loss of between 250 million euros ($283 million) and 450 million euros in the 12 months through March, it said in ...

  Bloomberg A rebound in global airline capacity should accelerate in the second half of next year, but trans-Atlantic traffic likely won’t return to pre-pandemic levels until 2023, according to an aviation consulting firm. Additionally, airfares are poised to rise significantly next year, owing to higher costs from labour and addressing environmental issues, “plus the need for airlines to rebuild ...

Bloomberg Kenya’s government has scrapped a plan to fully nationalise the partly state-owned airline and is looking at other ways to safeguard money it has loaned the carrier, according to the International Monetary Fund (IMF). It will cost a projected $1 billion to restructure Kenya Airways Plc and an injection of the funds by the state will be “unavoidable” as ...