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737 Max approval set for Wednesday

Bloomberg US regulators plan on Wednesday to unveil the long-awaited final requirements for allowing Boeing Co’s grounded 737 Max to return to service after 20 months, according to a person briefed on the plans. The Federal Aviation Administration (FAA) has begun notifying the aviation industry of its schedule, said the person, who wasn’t able to discuss the matter publicly and ...

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Covid-19: AirAsia Japan arm files for bankruptcy

Bloomberg AirAsia Japan Co has filed for bankruptcy with the Tokyo District Court after flagging last month it would cease operations in the country, as the coronavirus pandemic that’s wiped out travel globally took its toll. The arm of Malaysia’s AirAsia Group Bhd then received a provisional administration order from the court on Tuesday, it said in a statement. “Given ...

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EasyJet extends UK loan over fresh lockdowns

Bloomberg EasyJet Plc extended the terms of a government-backed loan in the UK to bolster liquidity as a new wave of coronavirus lockdowns crimps travel in Europe. Britain’s biggest discount airline posted a loss of 835 million pounds ($1.1 billion) for the year through September, within a range already announced, and said in a statement on Tuesday that it will ...

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