Aviation

Bloomberg Singapore will require all inbound travellers to take a Covid test upon arrival in the city-state from January 25 amid a resurgence of cases globally, the Ministry of Health said in a statement. Citizens and permanent residents of Singapore who return from either the United Kingdom or South Africa will also be subject to an additional seven-day self-isolation at ...

Bloomberg The new wave of lockdowns around the world is sending US jet fuel prices slumping and exports slowing to a trickle all over again. It’s not as bad as the crash last April, but the headwinds the aviation market still faces before vaccines bring life to normal are increasingly showing. Benchmark jet fuel prices in New York and Houston ...

Bloomberg When Boeing Co ended a long commercial drought last month by handing over 737 Max jets to two top customers, the transactions marked a little-noticed break with tradition. The planes were built in 2019 but recorded as 2020 models when they were delivered, having sat dormant during the longest jetliner grounding in US history. The seemingly innocuous distinction could ...

Bloomberg Virgin Atlantic Airways Ltd sold two Boeing Co 787 jetliners to fund the repayment of a loan from hedge fund Davidson Kempner Capital Management that formed the basis of a hard-won rescue last year. The planes were bought by Griffin Global Asset Management and Bain Capital Credit, Virgin Atlantic said in a statement. The sale and leaseback deal, which ...

Bloomberg The UK said it will close its travel corridors with countries around the world, meaning all visitors from overseas will require a negative coronavirus test within 72 hours of travel to enter Britain. Visitors may be checked when they arrive in the UK and could face substantial fines if they don’t comply, Prime Minister Boris Johnson said at a ...

Bloomberg Indonesian divers retrieved the battered casing of the cockpit voice recorder from the Sriwijaya Air jet that plunged into the Java Sea on January 9, but not the crucial memory unit containing its data. The computer chips that store a recording of pilot communications and ambient sounds in the cockpit broke loose from the so-called black box’s exterior, the ...

Bloomberg British Airways Plc faces the largest privacy class-action lawsuit in UK history over its 2018 customer data breach. More than 16,000 victims have now joined a case seeking compensation from the airline. They could claim 2,000 pounds ($2,724) each, according to PGMBM, the law firm representing the claimants. “We trust companies like British Airways with our personal information and ...

Bloomberg SAS AB is unexpectedly losing its chief executive officer, leaving Scandinavia’s main airline to search for a replacement with the industry going through an unprecedented crisis. CEO Rickard Gustafson is leaving to take the top job at Swedish industrial giant SKF AB, according to a statement. The 56-year-old, who has spent a decade at the helm of Stockholm-based SAS, ...

Bloomberg Airbus SE former Chief Executive Officer Tom Enders has become the latest aviation stalwart to throw his weight behind the future of flight, joining the board of German startup Lilium. Enders, an industry veteran with almost three decades of experience, spent seven years at the helm of planemaker Airbus before stepping down in 2019. Lilium impressed him with its ...

Bloomberg Representatives from Boeing Co and the US National Transportation Safety Board (NTSB) will leave for Jakarta this week to help with an investigation into Saturday’s crash of a Sriwijaya Air passenger jet, which hurtled into the Java Sea with 62 people on board. The Indonesian government granted a waiver allowing the Boeing and NTSB officials to enter the country ...