Bloomberg Steve Dickson, who led the US Federal Aviation Administration (FAA) through a tumultuous period following fatal crashes of Boeing Co’s 737 Max and the Covid-19 pandemic, is stepping down from the agency at the end of March. Dickson informed FAA’s employees in an email of his plan to depart less than three years into his five-year term. He called ...

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 ...

  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 ...

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 ...

  Bloomberg Russia and Belarus will extend their biggest joint military drills in years, the Belarusian Defense Ministry said, as frictions spike with the West over Russia’s military buildup near the Ukraine border. Russia had said it would return its troops to their bases afterward. While those drills are in Belarus, which is north of Ukraine, the defense ministry statement ...

  Bloomberg Police dislodged anti-vaccine protesters from the street in front of Canada’s parliament building, clearing the center of a weeks-long blockade that paralysed the capital city’s downtown and plunged the nation into crisis. By evening, a total of 170 people had been arrested as police intensified their actions, deploying pepper spray, batons and mounted units to remove demonstrators. But ...

  Bloomberg Slovenia’s premier faces pressure before April elections to block a deal that would hand a large chunk of the country’s biggest tourism group to a buyer with ties to the family of Hungarian Prime Minister Viktor Orban. Political parties have called for an extraordinary parliamentary meeting for February 28 to demand the state exercise its right to buy ...

  Bloomberg Prime Minister Boris Johnson reiterated his intention to end the UK’s remaining Covid-19 restrictions, saying he would lay out a plan this week for “living with Covid.” Some opposition politicians and public health experts questioned the decision at a time the UK continues to see tens of thousands of Covid-19 cases a day. Johnson’s comments also came hours ...

  Bloomberg Hong Kong is considering stricter social-distancing measures to try to curtail an escalating Covid-19 outbreak that’s strained its hospitals and exposed an inadequate health infrastructure. The current wave of infections, by far the most severe the city has faced during the pandemic, is testing Hong Kong’s zero-tolerance approach to the virus. Scenes of elderly patients lying on gurneys ...

  Bloomberg More European Central Bank (ECB) officials are conceding that interest rates will likely need to rise late this year in the face of a stronger inflation outlook. A consensus is emerging before the March 10 policy meeting to set September as the end-date for asset purchases, according to people familiar with the situation who asked not to be ...