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October 13, 2020 Aviation
Bloomberg Apollo Global Management Inc’s Sun Country Airlines is planning to restart its push for an initial public offering as soon as next year if travel demand picks up across the industry, said the carrier’s top executive. Sun Country’s core business of taking Midwest leisure travellers to Florida, Las Vegas and other warm-weather destinations has already recovered enough to turn ...
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October 13, 2020 Aviation
Bloomberg Allegiant Airlines is weighing purchases of used Airbus SE planes as soon as early 2021, bucking an unprecedented travel collapse that has gutted demand for jetliners. The carrier has been “inundated†with calls from airlines and aircraft lessors seeking to sell planes at deep discounts as they contend with the coronavirus pandemic, said Allegiant Chief Financial Officer Greg Anderson. ...
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October 13, 2020 Aviation
Bloomberg Singapore Airlines Ltd said all seats on its Airbus SE A380 jetliner pop-up restaurants were reserved within 30 minutes of bookings opening. With flights largely grounded by the coronavirus pandemic, Singapore Airlines is trying novel ways to raise money, including using two of the superjumbos parked at Changi Airport as temporary eateries. A meal in a suite costs S$642 ...
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October 13, 2020 Aviation
Bloomberg Pilots of an Airbus SE A320neo jet in India shut down a Pratt & Whitney engine mid-air last month after it encountered problems, people familiar with the incident said, reviving concerns about the turbines that have been plagued by issues since their debut in early 2016. The twin-engine jet, operated by Go Airlines India Ltd, landed safely using its ...
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October 13, 2020 Retail
Bloomberg Poland’s newest stock listing was a roaring success on its first day of trading, taking over as the biggest stock on the country’s main exchange and adding almost two-thirds in market value. Allegro.eu SA shares jumped 63% to close at 70 zloty in its first trading session in Warsaw on October 12, lifting the company’s value to 72 billion ...
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October 13, 2020 Politics, Uncategorized
Bloomberg Anwar Ibrahim’s latest push to finally take power in Malaysia appears to be stalled. The long-time opposition leader claimed on Tuesday that he showed the king evidence of a “convincing majority†of more than 120 lawmakers in the 222-member in parliament. He called on PM Muhyiddin Yassin to resign and said the monarch would now determine whether the opposition ...
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October 13, 2020 Politics
Bloomberg The situation in the South China Sea remains volatile and uncertain amid “aggressive actions†by China and as the US patrols the area to ensure freedom of navigation, the Philippines’ military chief said. The Philippines wants a code of conduct in the disputed area in place soon to prevent hostile actions as it’s “a potential flash point,†Armed Forces ...
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October 13, 2020 Politics
Bloomberg Thai police arrested protesters and dispersed crowds at a small demonstration in the capital, Bangkok ahead of a key anti-government demonstration on Wednesday. Live television footage from the event showed officers pulling down one of the protest leaders who was standing on top of a van and carrying him away into a police vehicle, while using megaphones to ask ...
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October 13, 2020 Politics
Bloomberg President Donald Trump returned to the campaign trail, boasting at a rally in Florida that he felt “so powerful†after his recovery from Covid-19 that he wanted to walk into the audience and “kiss everyone.†“I am so energised by your prayers and humbled by your support,†Trump said at the outdoor rally at the Orlando Sanford International Airport, ...
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October 13, 2020 Politics
Bloomberg Boris Johnson clashed with his own government’s scientific advisers who wanted tougher action against the resurgent coronavirus outbreak in the UK in September. The British prime minister said he hoped to avoid another full national lockdown and that his plan would work if people followed the advice. Options in a SAGE document circulated on September 21 included a short ...
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