Bloomberg Italy is nearing a deal with the European Union to set up a new national carrier from failed airline Alitalia SpA and may get an informal go-ahead by next week, newspaper Il Messaggero reported. Talks with the European Commission to green-light Alitalia’s planned restart have been mired in a standstill after several rounds of meetings. EU officials are demanding ...

Bloomberg The biggest customer for Airbus SE’s top-selling A320 narrow-body has chosen General Electric Co engines for a massive order, after pitting the conglomerate against its dominant US supplier, Pratt & Whitney. IndiGo, India’s largest airline, has selected CFM International Inc, a venture between GE and France’s Safran SA, to supply LEAP-1A engines for its fleet of 310 new Airbus ...

Bloomberg Britons are ignoring government advice to avoid traveling to countries on the UK’s Covid-19 “amber” list, the Mail cited Michael O’Leary, the chief executive of Ryanair Holdings Plc, as saying. Families are booking flights to restricted destinations in anticipation of a relaxation of the guidance once they come to take their vacations, O’Leary said in an interview, according to ...