Bloomberg Embattled Hong Kong Airlines had seven of its planes seized by the city’s Airport Authority after it failed to make some payments, deepening concerns about the future of a carrier whose financial difficulties nearly cost it its flying license. The seizure was made in accordance to the Airport Authority Ordinance, the government body said in an email on Tuesday, ...

Bloomberg Vancouver-based Harbour Air just flew an all-electric commercial aircraft—for five minutes. The neon green and indigo blue seaplane took off from the Fraser River in Richmond, British Columbia as a small crowd cheered from the dock. The propeller aircraft, a six-passenger de Havilland DHC-2 Beaver prototype, was powered by a magniX magni500 electric motor and piloted by Harbour Air ...

Bloomberg Hudson’s Bay Co. Chairman Richard Baker may scrap an offer to take the struggling retailer private after regulators delayed a vote on the deal following complaints from a minority shareholder. The investor group that controls the owner of Saks Fifth Avenue is “evaluating next steps, including terminating the transaction,” according to a memo sent to advisers. The group plans ...