Bloomberg The resurgent Covid-19 pandemic is pushing back the recovery in air travel, turning winter into a survival test for carriers now pinning hopes on a spring rebound. Airlines are urging governments to introduce more testing and travel bubbles to help spur demand. The industry is on track to burn through an estimated $77 billion in cash the second half. ...

Bloomberg French Transport Minister Jean-Baptiste Djebbari isn’t shying away from a possible temporary nationalisation of airlines hit by the travel slowdown caused by the coronavirus epidemic. Nationalising airlines is “a technical option, temporarily, but you need a project, a strategy,” Djebbari said on Europe 1 radio. “Nationalising a company, entering the company’s capital, it’s a short-term solution.” France and the ...

Bloomberg Amazon.com and Mukesh Ambani’s Reliance Industries’s fight for dominance of India’s lucrative e-commerce space is turning into a face-off, with both sides battling over the assets of a supermarket chain that could be key to their wider ambitions. Ambani and Jeff Bezos, two of the world’s wealthiest men, want the stores and warehouses of Future Retail Ltd, which has ...