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Spanish ‘ghost airport’ reinvents itself as park for idle jets

Bloomberg Spain’s Ciudad Real airport had become almost obsolete before the Covid-19 outbreak, operating mainly as a drop-off point for hunting enthusiasts keen to visit the region’s renowned country estates. The arrival of the coronavirus ended even that trickle of demand, tearing up the growth plans of the owner, CR International Airport SL. But rather than face the prospect of ...

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Comair secures new debt as lenders back rescue

Bloomberg Comair Ltd, the South African partner of British Airways, said it secured financing from banks, paving the way for the resumption of flights in December. The lenders, which weren’t identified, will provide the airline with new debt facilities and defer interest payments on existing debt, according to a company statement. Comair has also reached an agreement with labor unions, ...

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Americans face stark choice as Election Day 2020 dawns

Bloomberg Election Day 2020 was underway and for American voters the choices couldn’t be more stark. Donald Trump was a novelty four years ago, a reality television star and real estate developer with a penchant for bombast and Twitter insults. The 74-year-old president has erased any notion that the Oval Office would tame him, thrilling Republicans by cutting regulations and ...

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