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US, China to each allow four weekly flights now

Bloomberg The US government will allow Chinese airlines four flights a week into its airports, an expansion following China’s announcement it would permit the same number of operations by the Americans. In the latest action, after weeks of diplomatic wrangling on passenger flights between the two nations, the Transportation Department issued an order that doubles the number of operations permitted ...

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American Airlines in talks to boost cash with junk bond deal

Bloomberg American Airlines Group Inc is in talks to raise new financing to help it weather the collapse in travel demand during the pandemic, according to people with knowledge of the matter. The company is working with Citigroup Inc on a potential junk bond offering that may be secured by collateral including airport slots and gates, said the people, who ...

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Boeing Max return in Europe at risk of delay over travel rule

Bloomberg The return of Boeing Co’s 737 Max to European skies is at risk of additional delays because US coronavirus travel restrictions have hindered planning for test flights by regulators from the continent. The European Union Aviation Safety Agency (EASA) will perform its flight tests on the grounded Boeing jet after the US Federal Aviation Administration conducts its own, said ...

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