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No-deal Brexit puts Airbus’s investment in UK at risk: CEO

Bloomberg Airbus SE Chief Executive Officer Guillaume Faury said a UK split from the European Union without a trade deal could threaten the planemaker’s investment plans in the country. Decisions would be made based on how easy it is to conduct business after Brexit, he said at the Conference of Montreal. In the meantime, the company has no plans to ...

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Jetstar sees Australia air travel demand rebound

Bloomberg Qantas Airways Ltd’s low-cost carrier Jetstar said it will operate a record number of flights in Australia early next year as demand rebounds to higher than pre-pandemic levels. With fewer than 50 active Covid-19 cases, Australia is experiencing a domestic holiday boom as internal travel restrictions ease. The scale of the recovery suggests air passenger traffic, which has been ...

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Air India receives early bids from employee group, Tatas

Bloomberg Air India Ltd has received early bids from the Tata Group and a cohort of its own employees as the government tries to rescue its loss-making flag carrier. Tata Sons Ltd, the holding company of the conglomerate that controls Jaguar Land Rover and part-owns Air Asia Co’s Indian unit, has submitted an expression of interest, according to people with ...

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