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Air traffic not to recover for three years, says S&P

Bloomberg The aviation industry’s recovery from the coronavirus outbreak will be long and slow, with passenger numbers likely to stay below pre-pandemic levels through 2023, according to S&P Global Ratings, which warned of more rating downgrades for airports over the next few months. Global air passenger numbers will drop as much as 55% this year, a far steeper slump than ...

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China’s new security law sends Hongkongers dashing for exit

Bloomberg Phyllis Lam has lived in Hong Kong for 42 years. It’s where she was born, went to school, met her husband and planned to raise her two children. But like a growing number of Hongkongers disillusioned by China’s tightening grip on the city, Lam now feels she has little choice but to leave. “I have no confidence in Hong ...

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Nine dead as bomb hits minibus in Somalia

Bloomberg Nine passengers died and eight were wounded when a bomb hit a mini-bus on the outskirts of Somali capital Mogadishu this morning, police said. The victims were travelling from the town of Afgoye to Mogadishu when a roadside bomb exploded, Yahye Ahmed, a police officer, said by phone. No one has claimed responsibility for the blast, though the police ...

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