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Canada takes first step in allowing 737 Max to fly again

Bloomberg Canadian transportation authorities validated changes to Boeing Co’s 737 Max ordered by US regulators, putting the jetliner a step closer to flying again in the northern nation. In a statement, Transport Canada said it has completed its review of design fixes mandated by the Federal Aviation Administration in November — calling it “an important first step” towards re-certification. The ...

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Cathay still mired in Covid trouble

Bloomberg Cathay Pacific Airways Ltd carried just 37,815 passengers in November, down 98.6% from a year earlier, and warned that its second-half losses will be significantly worse than the HK$9.9 billion ($1.3 billion) hemorrhage in the first six months. Average passenger capacity in the second half is only likely to be 8.4% of pre-pandemic levels, compared with 34.3% in the ...

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Trump downplays huge hack tied to Russia, suggests China

Bloomberg President Donald Trump downplayed the severity of a massive cyber-attack on the US government and suggested China may have been responsible — even as other US officials are convinced Russia was the perpetrator. In doing so on Twitter, the president contradicted assessments from senior officials within his own administration who’ve blamed Moscow for the intrusion of at least half ...

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