Aviation

Covid:19: Cuba to force travellers to quarantine

Bloomberg Cuba will make travellers quarantine under a new set of restrictions announced after coronavirus cases surged this month in the Caribbean’s largest island. Tourists, businesspeople and foreign diplomats are among those who will be forced to isolate at their own expense in government-approved hotels upon arriving, according to a statement on the health ministry’s website. Starting from February 6, ...

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Vaccine rollout misses TSA screeners, air-traffic officials

Bloomberg They’re essential workers performing critical safety work and have been assigned priority designation to receive the coronavirus vaccine. Yet tens of thousands of airport security screeners, air-traffic controllers and federal accident investigators who must report to work in spite of the virus ravaging the US haven’t gotten the shot and aren’t sure how and when they will. “It’s incredibly ...

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Southwest seeks to pare costs with leave offer

Bloomberg Southwest Airlines Co is offering another round of voluntary leave as staffing levels remain too high for a flight schedule hammered by the coronavirus pandemic. Time off for employees accepting the offer begins on March 1, when thousands of workers are set to return from six-month leaves awarded last year, Southwest said. Already, 791 pilots have agreed to take ...

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Britain to bring in hotel quarantine system for highest-risk travellers

Bloomberg The UK government will introduce a limited hotel quarantine system for passengers arriving from the highest-risk countries, according to a person familiar with the matter. The move is aimed at curbing the spread of new variants of coronavirus that could prove resistant to vaccines, but is expected to apply to arrivals from countries with new forms of the virus, ...

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HK’s airport authority mulls $1.5b bond sale

Bloomberg Airport Authority Hong Kong is considering raising as much as $1.5 billion in its second dollar bond offering in two months, according to people familiar with the matter. The airport operator kicked off a series of investor calls on Wednesday for the potential offering, said the people who are not authorised to speak publicly and asked not to be ...

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Delta to activate 400 idled pilots over travel optimism

Bloomberg Delta Air Lines Inc will return 400 pilots to full flying status by this summer, betting that the expansion of coronavirus vaccinations will trigger a rebound in travel demand. The plan is “well ahead” of when the company originally estimated it would restore pilots to full active status, John Laughter, Delta senior vice president of operations, said in a ...

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Rolls-Royce sees $2.7 billion cash outflow on travel slump

Bloomberg Rolls-Royce Holdings Plc projected free-cash outflows of about 2 billion pounds ($2.7 billion) this year, saying new curbs on travel tied to the coronavirus will delay a recovery in long- distance flights. The shares slumped after the UK jet-engine maker said on Tuesday that it expects flying hours for wide-body aircraft to reach just 55% of 2019 levels. It ...

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Macquarie Infrastructure seeks Atlantic Aviation bids

Bloomberg Macquarie Infrastructure Corp (MIC) is seeking bids for services provider Atlantic Aviation, according to people with knowledge of the matter. Atlantic could fetch as much as $4 billion, including debt, if suitors value the company at a similar multiple to rival Signature Aviation Plc, some of the people said, asking not to be identified because the information isn’t public. ...

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China’s challenger to Boeing, Airbus to begin deliveries

Bloomberg China is finally reaching the finish line in its long-delayed attempt to build a jet capable of competing with narrowbody planes from Airbus SE and Boeing Co, according to the state-owned company in charge of the program. Commercial Aircraft Corp of China (Comac) will deliver its first C919 single-aisle jet by the end of the year, Communist Party-backed newspaper ...

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Air Canada drops most in five weeks on virus

Bloomberg Air Canada dropped 6.2%, the most since December 21, as the Canadian government considers tougher measures to limit travel into the country because of new variants of Covid-19. Prime Minister Justin Trudeau and members of his cabinet have talked openly about tightening rules to discourage international trips. The country requires anyone boarding a flight to Canada to have a ...

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