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One in four EU airports may face insolvency

Bloomberg Many European airports will struggle to stave off insolvency without state help unless travel recovers from its pandemic slump by the end of the year, according to the continent’s main industry group. Airports Council International Europe predicts that 193 out of 740 airports in the region will soon struggle to pay their bills while government-imposed quarantine requirements remain in ...

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ANA’s new budget carrier already faces skepticism

Bloomberg ANA Holdings’s plan to launch a new low-cost carrier has doubters, given the coronavirus pandemic’s impact on airlines worldwide and an industry trend towards retrenching. The company said it will launch a new budget brand around fiscal year 2022, targeting medium-distance flights to Southeast Asia and Oceania. That coincided with the carrier unveiling a restructuring plan involving cost reductions ...

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In tight Georgia battle, Asian Americans could decide vote

Bloomberg When Joe Biden popped up in Warm Springs, Georgia to stump for votes, it underscored just how up for grabs the long-time Republican state has become this presidential election. And if Biden manages to become the first Democratic candidate to turn Georgia blue in 28 years, Asian Americans will likely play a decisive role in that victory. Their ranks ...

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