Bloomberg Europe is pulling in huge quantities of jet fuel as people get ready to take to the skies in droves this summer. The region sucked in more than 13 million barrels of jet-type fuel in May, the highest monthly imports since October 2020, according to data from Vortexa compiled by Bloomberg. Consumption is forecast to surge this summer ...

  Bloomberg Canada’s transport regulator has ruled that low-cost carrier Flair Airlines Ltd is “Canadian” enough to continue operating flights in the country. The discount airline has made changes to its structure and now “meets the incorporation and voting interest requirements” required by law, Canadian Transportation Agency said in its final determination. The regulator said in its preliminary determination that ...

Bloomberg Hong Kong’s retail sales surprisingly rebounded in April, lifting the sector out of contraction after strict Covid curbs hammered consumer spending earlier this year. Sales value rose 11.7% in April from a year earlier, the Census and Statistics Department said. That was far better than the median estimate of a 7.9% decline expected by economists in a Bloomberg survey. ...