Bloomberg India’s decision to resume domestic flights from May 25 was a bolt out of the blue for most of the country’s aviation companies. Top executives at three Indian airlines said they learned about the move when the aviation minister tweeted it. The executives asked not to be identified citing rules on speaking to the media. Airline shares surged. Most ...
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United Air’s new CEO eases tone on job cuts
Bloomberg United Airlines Holdings Inc’s new chief executive officer vowed to work with the carrier’s labour unions on “creative†ways to slash labour spending and potentially avoid furloughs if travel demand doesn’t recover by October. Reduced work hours would be one possible approach, Scott Kirby said in an interview with CNBC and again at the United’s annual meeting. His comments ...
Read More »EU calls for masks, distancing in air travel guide for virus era
Bloomberg European Union regulators called on passengers to wear face masks, observe physical distancing and frequently wash their hands in new guidelines for air travel in the age of Covid-19. Significant changes will also be needed for airlines and airports, EU aviation and health agencies said in a statement. Carriers and airport operators must ensure that passengers keep a distance ...
Read More »EasyJet to resume flights from June 15
Bloomberg EasyJet will resume flights from 22 European airports on June 15, becoming one of the first airlines in the region to begin building up services as the coronavirus lockdown eases. Britain’s biggest discount carrier will start with mainly internal flights in the UK and France before announcing more routes in coming weeks as travel restrictions are lifted and demand ...
Read More »Walmart to expand Sam’s Clubs in China after virus-led boom
Bloomberg Walmart Inc plans to expand its members-only warehouse chain, Sam’s Club, in China to 100 stores in the next eight years as it embarks on an ambitious growth plan after the coronavirus pandemic. The local unit of the Bentonville, Arkansas-based company told employees about the goal in a townhall meeting, according to people familiar with the matter, who asked ...
Read More »China plans to order Hong Kong to enact security law
Bloomberg Chinese authorities are planning to write the country’s national security law into Hong Kong’s charter, the news site HK01 reported, in what would be a dramatic escalation of Beijing’s efforts to rein in dissent in the city. China’s lawmakers were preparing to pass a measure in their upcoming session that would require the former British colony to enact a ...
Read More »South Asia storm Amphan kills 84
Bloomberg The biggest cyclonic storm over the Bay of Bengal in two decades wrecked havoc along India’s east coast and in Bangladesh, killing dozens of people, flooding low-lying areas and affecting power supply. Amphan was likely to continue to move north-northeastward and weaken further into a depression on Thursday, according to the India Meteorological Department. The storm, which started as ...
Read More »Trump points finger at China’s Xi, escalating fight over virus
Bloomberg President Donald Trump escalated his rhetoric against China, suggesting that the country’s leader, Xi Jinping, is behind a “disinformation and propaganda attack on the United States and Europe.†“It all comes from the top,†Trump said in a series of tweets. He added that China was “desperate†to have former Vice President Joe Biden, the presumptive Democratic nominee, win ...
Read More »Pompeo defends state watchdog firing
Bloomberg Michael Pompeo is defending the firing of the State Department’s inspector general but refuses to give any details, fuelling questions about probes the watchdog was conducting and demonstrating anew the secretary of state’s distaste for explaining controversial decisions publicly. A defiant Pompeo said at a news conference that he wished he’d asked President Donald Trump to dismiss Inspector General ...
Read More »China vaccine maker inks deal with Canada
Bloomberg Leading Chinese vaccine developer CanSino Biologics Inc has inked a deal to test and sell a separate Canadian vaccine candidate as the race for immunisation intensifies globally. In addition to developing its own vaccine together with the Chinese military, CanSino will partner with Vancouver-based Precision NanoSystems Inc to co-develop another potential vaccine, according to a joint press release. The ...
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