Bloomberg European planemaker Airbus SE believes it may lose more than $5 billion of aircraft orders under struggling airline AirAsia X Bhd’s restructuring plans, according to court documents filed in Malaysia last week. Airbus Asia Pacific President Anand Stanley said in the court filing there’s a “strong possibility that Airbus will suffer substantial losses and prejudice” under the proposed restructuring …

Bloomberg IndiGo, India’s biggest airline, could start slowly rehiring staff in three months as capacity rebuilds from “the background of carnage” caused by Covid-19, with domestic services likely to return to pre-pandemic levels by January or February, Chief Executive Officer Ronojoy Dutta said. “Doom and gloom is off the table and we are recovering pretty nicely, especially domestically,” Dutta said …

Bloomberg The Philippines suspended all flights from UK from December 24 to Decemebr 31 to prevent the spread of a new variant of the coronavirus, according to a resolution issued by the government’s task force handling the pandemic. The country will also bar travellers who have been in the UK in the 14 days prior to arrival in the Philippines, …