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World’s best airport warns of ‘daunting’ future amid virus

Bloomberg Changi Airport Group said the impact from the Covid-19 pandemic isn’t abating as officials behind the world’s best airport warned of a “daunting” period ahead. Passenger traffic for Changi for the fiscal year ended in March declined for the first time in more than a decade, as a slump in the last two months of the period wiped out ...

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Malaysia Airlines talks to lessors in restructuring

Bloomberg Malaysia Airlines Bhd has reached out to lessors, creditors and key suppliers as part of its “urgent” restructuring exercise as it sees little sign of the pandemic easing. The flag carrier, wholly owned by Malaysia’s sovereign wealth fund Khazanah Nasional Bhd, would take more drastic measures if the restructuring can’t be completed over the next few months, according to ...

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Trump enters hospital with Covid, jolting poll campaign

Bloomberg President Donald Trump remains in a US military hospital outside Washington after contracting the coronavirus, a development that unnerved the White House and shook his struggling re-election campaign. The White House said his symptoms were mild and that he would continue to work from a suite at the Walter Reed National Military Medical Center in Maryland, but his hospitalisation ...

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