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Over 15,000 HK shops may shut down sans rent relief

Bloomberg From luxury boutiques to mom and pop stores, Hong Kong’s retailers are hurting. Unless landlords can offer more relief, one in four could disappear by December if sales don’t improve, putting an end to the city’s reputation as a shopping hotspot. That’s the gloomy prediction of Hong Kong Retail Management Association Chairman Annie Yau Tse, who says the rent ...

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Qantas says air fares could jump nine fold

Bloomberg Qantas Airways Ltd said putting extra space between passengers on planes could lead to a big increase in airfares and discourage people from flying. “Social distancing on an aircraft isn’t practical,” Qantas Chief Executive Officer Alan Joyce said in a briefing with reporters on Tuesday. If implemented, it could mean there would only be 22 people on a 128-seat ...

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Argentina’s Flybondi bets on local flights to survive virus

Bloomberg Argentina’s discount airline Flybondi is planning to redouble its bet on domestic service once the toughest travel ban in the Americas is lifted. The company will focus on local flights as long as demand for international travel remains tenuous because of the coronavirus pandemic, said Chief Commercial Officer Mauricio Sana in an interview. Flights to Brazil, the hardest-hit country ...

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