Bloomberg China’s aviation industry lost a combined 84.3 billion yuan ($12.5 billion) last year, as the country kept its borders closed to keep out Covid-19. A rebound in domestic travel to pre-pandemic levels helped narrow total losses from 97.4 billion yuan in 2020, China’s aviation regulator said Thursday. Sales by airlines and airports rose 22% last year, but that ...

  Bloomberg British Airways owner IAG SA agreed to buy 50 737 Max jets from Boeing Co, giving a lift to the beleaguered US planemaker and concluding a widely watched commitment for 200 aircraft originally agreed three years ago. The jets, which include 25 high-capacity Max 200s and 25 as-yet-uncertified Max 10s, can be used by any airline in the ...

Bloomberg China’s top diplomat again warned the US over its increased support for Taiwan, showing the island democracy remains a major sticking point between the world’s biggest economies as Beijing sent more military aircraft toward the island. “If the US side insists on playing the Taiwan card and goes further and further down the wrong road, it will certainly lead ...