Aviation

Bloomberg The UK will require travellers arriving from coronavirus hot spots to quarantine in hotels starting February 15, almost three weeks after the plan was announced by Prime Minister Boris Johnson. Arrivals from countries on the UK’s travel ban list will be required to isolate for 10 days in government-approved accommodation, the Department for Health and Social Care said in ...

Bloomberg Countries could relax border controls and allow more travel if there’s a set of standards for vaccine certification that immigration authorities can use to help determine entry policies, Singapore Transport Minister Ong Ye Kung said. “That is really the light at the end of the long tunnel,” Ong said in an interview with Bloomberg Television on Monday. “With vaccination ...

Bloomberg Rolls-Royce Holdings Plc plans to shutter civil aerospace production for two weeks over the summer, cutting pay for 19,000 workers as the coronavirus crisis stunts demand for airliner engines. The measures relate to negotiations with unions announced last summer and will affect 12,500 people in the UK, where Rolls-Royce is based, a spokesman said. The salary reduction will be ...

Bloomberg Deutsche Lufthansa AG’s bid to tap a revival in tourism once coronavirus lockdowns ease has put the German giant on a collision course with its former leisure arm, Condor. Lufthansa is using surplus long-haul jets to target sunspots such as Mauritius, the Dominican Republic and Namibia that are expected to recover before the airline’s bedrock corporate markets. As a ...

Bloomberg London’s Heathrow airport may be allowed to raise airline fees on a limited basis after Britain’s aviation regulator dismissed the hub’s pitch for a more substantial hike during the coronavirus pandemic. The Civil Aviation Authority (CAA) said it plans to reject Heathrow’s proposal, which the airport reckons would lift fares by 1.20 pounds ($1.44) per passenger, as disproportionate and ...

Bloomberg Rival bidders Blackstone Group Inc and Global Infrastructure Partners (GIP) joined together to buy Signature Aviation Plc for $4.7 billion, resolving their tussle over the world’s biggest operator of private-jet bases. The company agreed to a sweetened $5.62-per-share bid from the two major funds and billionaire Bill Gates, currently the largest investor in the company, according to a statement. ...

Bloomberg Rolls-Royce Holdings Plc is betting on expanding in Africa to grow the power-systems division after its main business building and maintaining wide-body jet engines was derailed by the coronavirus. The continent’s abundant natural resources, fast-growing economies and increasing urbanisation make it a promising market for the unit, Rolls-Royce Strategic Marketing Director Ben Story said. “We’ve got our eyes open, ...

Bloomberg Wizz Air Holdings Plc has a chance to become a force across Europe, using its low-cost structure and financial clout to capture a bigger share of the market when the coronavirus finally lets up. The Hungarian discount carrier has snapped up airport capacity in Italy, Germany, Norway and the UK during the pandemic, but the westward push has been ...

Bloomberg JetBlue Airways Corp has remodeled its premium Mint cabin for the company’s trans-Atlantic debut later this year, changing the seats into “suites” with sliding doors and adding two larger “studios.” The carrier will offer 24 premium berths on flights connecting New York and Boston with London, which are set to begin in the third quarter with single-aisle Airbus SE ...

Bloomberg Dennis Muilenburg, the former chief executive officer of Boeing Co who stepped down during the 737 Max crisis, has filed for a blank-check company. His special purpose acquisition company (SPAC) is called New Vista Acquisition and is seeking to raise $200 million, a filing showed, which confirmed an earlier Bloomberg News report. It intends to focus on finding a ...