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Airbus books slew of lost orders as deliveries lag output

Bloomberg Airbus SE suffered a surge in order cancellations last month as Norwegian Air Shuttle ASA scrapped narrow-body jet purchases and a wave of coronavirus lockdowns pushed back expectations for a revival in air travel. The European planemaker lost 92 commitments in February, it said in a statement, 88 of them from the Scandinavian discounter, which is seeking to restructure ...

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Mauritius halts inbound flights

Bloomberg Mauritius has stopped inbound commercial flights, until further notice, after six local Covid-19 cases were detected over two days, Health Minister Kailesh Jagutpal said. The objective of the move is to free up space for people to be placed in quarantine following a contact-tracing process, Jagutpal told reporters in the capital, Port Louis. The suspension of flights would provide ...

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Europe’s vaccine missteps alarm global stock investors

Bloomberg Europe’s vaccine blunders are alarming some of the world’s top investors, who see economic growth imperiled by a slow pace of business re-openings. While the region’s stocks are riding the global rally and faring well against the selloff in US big tech, prolonged lockdowns threaten the economic recovery. Investors are taking notice. European equity funds have recorded three weeks ...

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