Aviation

Bloomberg Even as the coronavirus pandemic continues to rage in many corners of the world, places that have successfully vaccinated a substantial share of the population are plotting the next step: how to let people start traveling again, whether for beach vacations or board meetings. By early summer, countries of the European Union and beyond aim to issue vaccine passports ...

Bloomberg London’s Heathrow airport will be allowed to increase airline fees on a limited basis to help it ride out the coronavirus crisis, the UK’s aviation regulator said. Heathrow can claw back 300 million pounds ($416 million) after submitting an application to recover 2.6 billion pounds, the Civil Aviation Authority (CAA) said. While its full request will be considered in ...

Bloomberg Australia is banning all flights from pandemic-ravaged India until at least May 15 as the South Asian nation battles what PM Scott Morrison described as a “terrible crisis.” In a bid to ease pressure on Australia’s system of mainly quarantining returned residents from overseas in inner-city hotels, Morrison had already announced a 30% cut in flights entering from India. ...

Bloomberg Interjet shareholders unanimously voted to approve a filing for bankruptcy protection, a move that would enable the Mexican airline to resume payments to employees that have been frozen for several months. Alejandro del Valle, who took a 90% stake in the carrier late last year, led discussions over the filing with former majority owners and founders Miguel Aleman Magnani ...

Bloomberg Southwest Airlines Co expects to stop burning cash by June and is adding summer flights almost to 2019 levels as increasing vaccination rates spur trips by vacation-hungry Americans. For the second quarter as a whole, average core cash burn will fall to a range of $2 million to $4 million a day, down from $13 million in the first ...

Bloomberg Virgin Atlantic Airways Ltd is aiming to get all of its planes flying by October or November amid continuing uncertainty over how far Covid-19 border curbs will be eased before the end of the summer. The carrier controlled by billionaire entrepreneur Richard Branson is working towards the return to full capacity while awaiting details of UK plans to begin ...

Bloomberg The Port Authority of New York & New Jersey approved a scaled-down plan to redevelop Terminal 4 at John F Kennedy International Airport — where Delta Air Lines Inc is the anchor tenant — after the Covid-19 pandemic put a $3.8 billion expansion on hold. The bi-state agency authorised a $1.5 billion first phase with the potential for expansion ...

Bloomberg Alphabet Inc’s Wing Aviation LLC is asking US regulators to allow it to expand drone operations as a way to make more efficient deliveries controlled from a central command post. Wing wants to control its drone flights at a “central hub” from which the remote pilots can oversee operations without being in the aircraft’s operating area, the Federal Aviation ...

Bloomberg Boeing Co is sticking with Chief Executive Officer Dave Calhoun to guide the company through a long and uncertain recovery, while parting ways with a potential contender for his job. The company’s board raised Calhoun’s retirement age to 70, citing the 64-year-old’s “substantial progress” in ending the 737 Max grounding and bringing the planemaker back from the Covid-19 pandemic. ...

Bloomberg China’s Baiyun International airport in Guangzhou topped the list of the world’s busiest hubs in a coronavirus-wracked 2020, knocking Hartsfield-Jackson Atlanta International off a perch it occupied for more than two decades. Baiyun moved up from 11th place, trade group Airports Council International said in a statement, capping a year when the Covid-19 pandemic disrupted global air travel. Hartsfield-Jackson ...