Monday , 20 April 2026

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Air Namibia’s future in doubt as leader runs out of patience

Bloomberg Air Namibia grounded all international flights not already wiped out by the coronavirus after the country’s president, Hage Geingob, said the state carrier should be liquidated. The southwest African nation’s carrier has received about 8.3 billion Namibian dollars ($485 million) in government funding over the past two decades and Geingob said earlier this month the country “cannot afford to …

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Inside $5bn ‘Apollo’ deal to salvage Hong Kong’s Cathay

Bloomberg The code name was “Apollo.” Its mission was to keep Cathay Pacific Airways Ltd alive. Hong Kong’s dominant airline had been in financial strife for months, its strong start to 2019 a distant memory. Social unrest in the city triggered a slump in passengers through the second half of last year. Then came the coronavirus pandemic, which forced Cathay …

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UK unveils ‘jet zero’ plan on aviation emissions

Bloomberg The UK aims to drive down greenhouse gas emissions from aviation to make carbon-free transatlantic flights possible within a generation, Transport Secretary Grant Shapps said. Shapps said he has formed a group bringing together leaders from aviation, environmental groups and government to form the “Jet Zero Council,” as he seeks to rebuild the industry in the wake of the …

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