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Malaysia Airlines orders 20 Airbus A330neo jets

  Bloomberg Malaysia Airlines said it will acquire 20 Airbus SE A330neo wide-body planes as it seeks more fuel-efficient jets amid a travel rebound. The Southeast Asian carrier will purchase 10 A330-900 aircraft, with the rest coming from lessor Avolon Holdings Ltd existing order book, it said in a statement. The model is a re-engined version of the original A330 ...

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Chinese airlines likely to follow multibillion-dollar US exit plan

Bloomberg The decision by five Chinese state-owned companies to leave US stock exchanges adds to skepticism that authorities in both countries can reach an agreement on disclosure rules, with analysts seeing state-controlled airlines as the next potential group to depart, possibly followed by internet giants. China and Hong Kong are the only jurisdictions worldwide that don’t allow inspections by the ...

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China Ikea shoppers panic as store locked down on Covid risk

Bloomberg Scenes of mayhem unfolded in an Ikea in Shanghai as health authorities tried to lock down the store and quarantine those on site after learning someone who had been in contact with a Covid-19 patient had visited. News of the flash shutdown sent shoppers fleeing and screaming in an effort to get out of the building before the doors ...

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