Bloomberg The UK will give airlines a waiver from rules requiring them to use airport slots or lose them, allowing them to pull some capacity in a bid to stem the recent travel chaos. The Department for Transport said it would offer an amnesty on takeoff and landing slot regulations, which mandate airlines use them or forfeit them in …

  Bloomberg ExpressJet Airlines, a regional airline that has resumed operations after losing a key contract during the pandemic in 2020, has hired Moore Colson, an accounting and financial advisory firm, to help it fix its financial and labour problems. The carrier is looking to cut its debt load and renegotiate contracts with pilots, according to people with knowledge of …

Bloomberg Hong Kong’s de facto central bank bought the local dollar at the fastest pace on record this month to defend its currency from crossing the weak end of its trading band. The Hong Kong Monetary Authority (HKMA) bought HK$78.1 billion ($10 billion) so far this month, including its HK$20.8 billion purchase. The currency still continues to linger near the …