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BA proposes new unit to lower costs at Gatwick

Bloomberg British Airways (BA) is prepared to bring back short-haul flights at London Gatwick airport that were terminated at the start of the coronavirus crisis, if unions back the formation of a new unit with less costly contracts. The end of furlough support from the UK government combined with lingering travel curbs means the restoration of European flights at Gatwick ...

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India lifts Boeing 737 Max ban, leaving China as last hurdle

Bloomberg India lifted its ban on Boeing Co’s 737 Max jet, a major boost to the American planemaker that leaves China as the only leading aviation market yet to allow the aircraft to resume service. India’s decision comes after it observed “no untoward reporting” on jets already flying since 17 global regulators allowed it to resume flights, the Directorate General ...

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Air New Zealand posts 2nd annual loss, suspends guidance

Bloomberg Air New Zealand posted its second straight annual loss and suspended earnings guidance as the South Pacific nation grapples with a coronavirus outbreak that’s prompted a strict lockdown. The airline announced a loss before significant items and tax of NZ$440 million ($307 million) for the year ended on June 30, its first full 12-month period of operation with Covid-19 ...

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