Bloomberg US officials rejected additional flights proposed by Chinese airlines but said they would reconsider if the Beijing government adjusts its policies affecting American passenger carriers. In a statement, the Transportation Department said it disapproved service schedules submitted by four China-based carriers that currently are allowed to make four combined flights to the US each week, plus additional proposals submitted ...

Bloomberg France plans to ban commercial air travel on the country’s shortest domestic routes in a bid to prevent low-cost carriers picking up links Air France is being forced to abandon as part of the terms of a bailout package. “If we are asking things of Air France, it’s not so that low-cost companies can come along and start their ...

Bloomberg American Airlines Group Inc braced its balance sheet with $3.5 billion in new financing, diverging from its recent reliance on federal aid as the coronavirus pandemic suppresses travel demand. The carrier is selling $750 million of shares and the same amount of senior convertible notes due in 2025, American said in a statement, confirming an earlier Bloomberg News report. ...