Aviation

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 …

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 …

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 …

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. …

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 …

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 …

Bloomberg Air France-KLM’s Dutch unit will keep operating long-haul flights as it reached a deal to have staff undergo a rapid Covid-19 test upon return to the Netherlands, eliminating the risk of leaving crews behind. KLM urged the Dutch government to exempt its staff from a new requirement for mandatory pre-departure virus testing. It said it would otherwise halt all …

Bloomberg India’s domestic civil aviation operations continue steadily and the sector is nearing pre-pandemic levels, according to Civil Aviation Minister Hardeep Singh Puri. As many as 257,613 passengers flew locally as on January 22, compared with 30,000 passengers that traveled by air when such flights were restarted on May 25, Puri said in a Twitter post. “We are now within …

Bloomberg Foreign tourist arrivals into Thailand plunged to the lowest level in at least 12 years after the country closed its borders to contain the coronavirus outbreak, with a resurgence in infections now undermining efforts to reopen the industry. Tourist arrivals slumped to 6.7 million in 2020 from 39.9 million a year earlier, data from the Ministry of Tourism and …

Bloomberg Airbus SE slowed the pace of a planned ramp-up in jetliner production, after a global surge in coronavirus cases dealt a fresh blow to demand. Output of the A320-series narrow-body, Airbus’s best-selling model, will now rise gradually to 45 per month through the fourth quarter, the European planemaker said in a statement. It had previously targeted a faster jump, …