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UK sets plan for travel return with costly test requirements

Bloomberg The UK said it will decide by early next month whether Britons can resume taking international holidays on May 17, while implementing coronavirus testing rules that airlines criticised as too costly. Countries will be rated according to their Covid-19 risk in a traffic light system, the Department for Transport said. At a minimum, travellers will need to buy a ...

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Airbus jet deliveries accelerate in March

Bloomberg Airbus SE handed over 72 aircraft last month, stepping up deliveries even as coronavirus flare-ups delayed a recovery in air travel. The surge confirmed an earlier Bloomberg report and marked the best performance so far this year for the European planemaker. Its quarterly total of 125 surpassed the 122 aircraft delivered in the year-ago period, largely before the pandemic ...

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UK’s Hammerson sells retail parks for $480m

Bloomberg Struggling UK mall operator Hammerson Plc has agreed to sell its retail parks to Canadian private equity firm Brookfield Asset Management Inc for 350 million pounds ($480 million), the Sunday Times reported. Brookfield will acquire seven retail parks, giving a much-needed financial boost to the owner of Birmingham’s Bullring shopping centre. Hammerson, which owns once-prized shopping centres across the ...

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