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Expedia CEO predicts ‘busiest travel season ever’ this summer

Bloomberg Expedia Group Chief Executive Officer Peter Kern believes that 2023 will be the year that we stop predicting a travel recovery and actually start enjoying it. But before then, he forecasts something bolder: “Summer 2022 will be the busiest travel season ever,” he tells Bloomberg, speaking over Zoom in Wyoming. “We’ve been talking about pent-up demand for a long ...

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Cathay seeks negative test from HK passengers flying to China

  Bloomberg Cathay Pacific Airways Ltd is to require all passengers flying to mainland China from Hong Kong to present a negative Covid-19 test result within 48 hours of departure, according to a statement. The move is a “precautionary measure to reduce the risk of exposure” for passengers and Cathay employees, and will start on February 23, the Hong Kong-based ...

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Embraer halts development of E2 jet

Bloomberg Embraer SA’s board approved a pause in development of the slow-selling E175-E2 jetliner for another three years, further delaying the aircraft’s market debut. The Brazilian planemaker plans to resume work following the hiatus, targeting an entry into service between 2027 and 2028, Embraer said. The 80-seat aircraft is the smallest of a three-jet family manufactured by Embraer that target ...

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