Aviation

  Bloomberg Passengers at UK airports have been threatened with more disruption next year after a union said the strike by Border Force officials is likely to be the first of many. Workers kicked off eight days of walkouts stretching to New Year’s Eve, with the Public and Commercial Services Union demanding higher pay and more job security for its ...

Bloomberg A massive, once-in-a-decade winter storm is battering the US with blizzard conditions and life-threatening temperatures, while causing mayhem for travellers across the country at the peak of the holiday season. As of Friday, more than 200 million people — around 60% of the nation’s population — were under some form of winter weather warning or advisory, according to the ...

Bloomberg Deutsche Lufthansa AG’s plans to retroactively pay out manager bonuses contravene agreements made with the government as part of the airline’s rescue package, according to Chancellor Olaf Scholz’s chief spokesman. The state stepped in during 2020 to rescue Lufthansa after pandemic-related restrictions all but grounded air travel. While the airline repaid its 9 billion-euro ($9.6 billion) bailout ahead of ...

Bloomberg China plans to cut quarantine requirements for overseas travelers in January, according to people familiar with the matter, as the country dismantles the last vestiges of its Covid Zero policy. Officials are considering a “0+3” policy, where the requirement to spend time in a quarantine hotel or isolation facility would be scrapped, and arrivals into the country instead subject ...

  Bloomberg After emerging from arguably the worst crisis in the history of the airline industry, one of the world’s largest airport operators is starting to see the benefits of a major shakeup and eyeing an expansion into Africa. Corporacion America Airports, a Luxembourg-based company which operates 53 airports in six countries, is bidding for new concessions outside of its ...

  Bloomberg FedEx Corp reported fiscal second-quarter earnings that beat analysts’ estimates, lifted by price increases and cost cuts that helped make up for a decline in package volume. Shares of the delivery giant rose after the company announced an additional $1 billion of projected savings in fiscal 2023, bringing the total to about $3.7 billion. Earnings totalled $3.18 a ...

  Bloomberg Italy cleared the way for the sale of a minority stake in ITA Airways, a key step in ending months of uncertainty over the government’s plans for the successor to bankrupt Alitalia SpA. Rome approved a decree aimed at speeding up the sale procedure for ITA, according to a government official. That could open the way for Deutsche ...

  Bloomberg Hong Kong International Airport (HKIA) says it’s ready to use driverless buses, confident it can shuttle passengers around the aerodrome from next year after extensive trials years in the making. By bolting on cameras, sensors and tracking devices, the Asian financial hub’s main airport has adapted and kitted out an electric bus from Chinese carmaker BYD Co and ...

  Bloomberg With a flat fee of $70 for trips into Manhattan and a guaranteed stream of passengers, a ride to and from New York’s John F Kennedy International Airport is one of the more lucrative journeys for the city’s cab drivers. But federal prosecutors say two 48-year-old Queens men found another way to profit from the crowd of taxis ...

  Bloomberg London City airport dialed back proposals for more early-morning and Saturday flights in a bid to make its plans to lift capacity by almost 40% more palatable to planning officials and local people. The terminal, favoured by business travellers for its proximity to London’s financial districts, is sticking with an application to raise its annual passenger cap to ...