Friday , 19 December 2025

Recent Posts

BA suspending Gatwick flights broadens European shutdown

Bloomberg British Airways (BA) suspended operations at its second London hub at Gatwick airport as the airline industry enters deep hibernation to weather the impact of the coronavirus. With just over a week to go until the Easter holidays, the IAG SA-owned carrier is contacting customers with the news that flights are off, a spokesperson said by email. Gatwick largely …

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Retail rent negotiations get messy with $20bn due

Bloomberg Retailers and landlords are locked in an awkward dance as April rent comes due. Major chains including Mattress Firm and Subway have told landlords they will postpone or slash payments in coming months. Mall operators say they expect to be paid. Best Buy, meanwhile, plans to pay rent, with the possible exception of locations it was forced to close. …

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JetBlue slashes April flying 70% as bookings dry up

Bloomberg JetBlue Airways Corp expects to slash flights 70% next month and deeper cuts are likely in the carrier’s home base in New York, as the spread of coronavirus erases travel demand. Daily departures will fall to 300 from about 1,000, JetBlue said. Flights leaving New York-area airports are slated to tumble to 60 but may dip to as few …

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