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Schools should open in full this fall in the US

For all the death and illness the coronavirus has caused, it has done the world one great and surprising favour. It has spared our children. “Influenza almost always selects the weakest in a society to kill, the very young and the very old,” John M Barry wrote in “The Great Influenza,” his definitive account of the 1918 pandemic. But while ...

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Boeing nears milestone for Max with key flight in June

Bloomberg Boeing Co is closing in on a key milestone towards returning its beleaguered 737 Max to the commercial market, targeting later this month for hosting US regulators on a flight to test the jet’s upgraded systems. The company separately is notifying airlines of an important fix to the grounded jetliner’s wiring, said two people familiar with the planning who ...

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Garuda wins approval to extend $500m debt

Bloomberg Indonesian flag carrier PT Garuda Indonesia won approval from investors to extend the maturity of a $500 million sukuk, easing a cash squeeze as the airline battles falling passenger demand during the coronavirus pandemic. The state-owned airline, whose passenger traffic fell 91% in April from a year earlier, said in a statement that investors holding 90.88% of the aggregate ...

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