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Airbus mulls A330 output cut as top buyer seeks deferral

Bloomberg Airbus SE is considering a cut in A330neo jet production after the wide-body’s biggest customer said a coronavirus-driven slump in travel had forced it to defer deliveries, according to people familiar with the matter. The planemaker may make a decision as soon as this month, the people said, asking not to be identified because the deliberations are private. In ...

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Virus adds to woes of Garuda facing debt bill

Bloomberg The coronavirus outbreak couldn’t have come at a worse time for PT Garuda Indonesia, pummeling demand at the flag carrier just as it faces a debt bill for half a billion dollars. Debt market concern about sagging travel demand and the impact of financial market turmoil has caused Garuda’s $500 million notes due on June 3 to tumble to ...

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Virus outbreak tied to Vietnam Airlines flight triggers hoarding

Bloomberg An outbreak of four coronavirus cases tied to a Vietnam Airlines flight from London to Hanoi triggered hoarding in the Southeast Asian country’s capital, the lockdown of a central city neighbourhood and the home quarantine of an investment minister aboard the aircraft. A growing sense that the virus may be bypassing Vietnam, which hadn’t reported an official case in ...

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