Bloomberg Wizz Air Holdings Plc dropped plans to increase capacity to 80% next quarter after a resurgence of travel restrictions dented demand. The Hungarian carrier will maintain its current 60% level for the period ending in December if stricter measure continue including in its home country, it said on Tuesday in a statement. Further reductions are possible and the carrier ...

Bloomberg Vietnam’s Civil Aviation Authority is working on a plan to resume international flights from September 15 with all passengers quarantined for 14 days upon arrival in the country, according to a post on the government’s website, which cited Dinh Viet Thang, director of the authority. The first international flights under the plan will be to Japan and South Korea, ...

Bloomberg JC Penney Co’s lenders are preparing to take ownership of the retailer as talks with potential outside buyers reach an impasse, an attorney for the company said in a bankruptcy court hearing. “We’ve hit a stalemate,” the attorney, Joshua Sussberg of Kirkland & Ellis LLP, said in the hearing. “Our lenders will no longer be held hostage” by outside ...

Bloomberg AirAsia Group Bhd is charging passengers who check in at airport counters rather than via its website, mobile app or self-service kiosks. The budget carrier, which posted a record loss last quarter, is charging 20 ringgit ($4.82) per passenger on counter check-ins for domestic flights and 30 ringgit for international trips, effective from Tuesday, it said in a statement. ...

Bloomberg Colombia’s disaster fund will lend as much as $370 million to Avianca Holdings SA to help with its restructuring after a halt in travel during the Covid-19 pandemic forced the company into bankruptcy, the country’s finance ministry said in a statement. The emergency mitigation fund’s committee approved the government-backed loan, due November 2021, under the framework of debtor-in-possession financing ...

Bloomberg Russia praised its embattled ally Belarusian President Alexander Lukashenko’s proposals for constitutional changes, describing them as the best way to resolve unprecedented mass protests against his 26-year rule. Foreign Minister Sergei Lavrov urged Belarusian civil society groups to participate in drafting the country’s new basic law on Tuesday. “They should take part if they want to get out of ...

Bloomberg Chancellor Angela Merkel’s top diplomat warned his Chinese counterpart against “threats” towards European allies, as the top official from Beijing reinforced his accusation that a Czech lawmaker’s visit to Taiwan had crossed a line. The sharp exchange in Berlin undermined what had been billed as a charm offensive from China, after Chinese Foreign Minister Wang Yi said the Czech ...

Bloomberg French President Emmanuel Macron returned to Lebanon for the second time since a blast devastated the capital Beirut, calling for sweeping changes to help the former French colony overcome a financial and political crisis decades in the making. “The objective of this visit is clearly to mark an end to a political chapter,” Macron said in televised comments after ...

Bloomberg Almost three decades after Italy started privatising many of its biggest industrial assets, Prime Minister Giuseppe Conte is strong-arming companies across the country. The premier is seeking to restart an economy mangled by the coronavirus pandemic and in the process is pushing to toughen vetoes on foreign investments and even in some cases nationalise business with a war chest ...

Bloomberg Rwandan authorities detained exiled Paul Rusesabagina, a former hotel manager who sheltered hundreds of people during the 1994 genocide and whose story was later adopted by Hollywood, on terrorism allegations. Rusesabagina, portrayed as a hero in the Oscar-nominated 2004 movie ‘Hotel Rwanda’, was shown to the media in handcuffs at the headquarters of the Rwanda Investigations Bureau. It wasn’t ...