Bloomberg When Boeing Co ended a long commercial drought last month by handing over 737 Max jets to two top customers, the transactions marked a little-noticed break with tradition. The planes were built in 2019 but recorded as 2020 models when they were delivered, having sat dormant during the longest jetliner grounding in US history. The seemingly innocuous distinction could ...

Bloomberg Virgin Atlantic Airways Ltd sold two Boeing Co 787 jetliners to fund the repayment of a loan from hedge fund Davidson Kempner Capital Management that formed the basis of a hard-won rescue last year. The planes were bought by Griffin Global Asset Management and Bain Capital Credit, Virgin Atlantic said in a statement. The sale and leaseback deal, which ...

Bloomberg The UK said it will close its travel corridors with countries around the world, meaning all visitors from overseas will require a negative coronavirus test within 72 hours of travel to enter Britain. Visitors may be checked when they arrive in the UK and could face substantial fines if they don’t comply, Prime Minister Boris Johnson said at a ...