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Economic nationalism is wrong turn for India

Prime Minister Narendra Modi wants all 1.3 billion Indians to be “vocal for local” — meaning, to not just use domestically made products but also to promote them. India’s Covid-19 lockdown has severely pinched logistics, a perennial challenge in the huge, infrastructure-starved country. But more worrying than the disruption is the fruity political response to it. Rather than being a ...

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Delta Air in talks to delay $300m Gol loan payment

Bloomberg Delta Air Lines Inc is in talks to let Gol Linhas Inteligentes SA postpone payments on a $300 million loan for which the US carrier is guarantor, two people familiar with the matter said. The loan matures in August. Negotiations are under way and a delay agreement is expected to be reached, the people said, asking not to be ...

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American to put 141 planes back in service

Bloomberg American Airlines Group Inc will take 141 aircraft from storage to support an increase in July service as travelers return to the skies faster than expected amid the coronavirus pandemic. The carrier will reactivate 83 Airbus SE A320 family planes and 58 Boeing Co 737 jets, spokesman Brian Metham said. American joins Delta Air Lines Inc in bringing back ...

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