Recent Posts

Amazon vows to fight French court ban on non-essential sales

Bloomberg Amazon.com Inc was handed a French ban on sales of non-essential items after losing the first round of a court fight with labour unions who said the company wasn’t doing enough to protect staff from the Covid-19 pandemic. Amazon said in a statement it’s appealing the ruling, a move that suspends the court’s decision. The world’s biggest online retailer ...

Read More »

South Africa cuts off funding line to state-owned airline

Bloomberg South African Airways (SAA) has been denied any further funding by its government owner as the national carrier looks for ways to recover from the coronavirus crisis and a local form of bankruptcy protection. The airline’s administrators, who were put in charge in December, were told by the state to instead source cash from available resources, according to a ...

Read More »

Covid-19: China air-passenger traffic falls 54%

Bloomberg Air-passenger traffic slumped 54% in China in the first three months of 2020 as the coronavirus outbreak and related travel restrictions decimated demand. China’s aviation industry lost 39.8 billion yuan ($5.6 billion) in the first quarter, with airlines accounting for 33.6 billion yuan, the Civil Aviation Administration of China (CACC) said at a briefing in Beijing on Wednesday. Passenger ...

Read More »
Send this to a friend