Bloomberg The UK government is set to allow visitors from the US and the European Union to travel to England without needing to quarantine on arrival if they have been fully vaccinated. The plan will allow American visitors, along with travelers from most EU countries, to enter the UK on the same basis as Britons who have received two Covid ...
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July, 2021
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29 July
Indian investor plans 70 jets for new airline
Bloomberg Billionaire investor Rakesh Jhunjhunwala is planning on having 70 aircraft within four years for a new airline he wants to set up in India on optimism more people will travel by air. Jhunjhunwala, who is considering investing $35 million and would own 40% of the carrier, expects to get a no-objection certificate from India’s aviation ministry in the next ...
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29 July
Demand for jet paint booms amid signs of airlines recovery
Bloomberg A bumpy recovery among global airlines has given an unexpected early boost to one corner of the market: demand for aircraft paint. It’s come roaring back as production of new jets rises and pandemic-idled old ones change operators. At Akzo Nobel NV, the world’s biggest supplier of plane coatings, sales across the product range were back to pre-pandemic levels ...
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29 July
Air Canada sells record loonie junk bond in debt deal
Bloomberg Air Canada boosted the size of its refinancing after taking advantage of strong demand for the biggest high-yield corporate bond in Canadian dollars and upsizing the loan portion. The aggregate loan and bond transactions will likely total $5.7 billion, up from $5.35 billion initially planned last week, according to people familiar with the matter. Canada’s biggest airline increased the ...
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29 July
Walmart pledges $1b to remove cost of employee tuition program
Bloomberg Walmart Inc is investing $1 billion over the next five years to remove all costs related to its employee college tuition program, in an effort to boost enrollment. The nation’s biggest private employer said as of August 16 the so-called Live Better U program will remove the $1 a day cost for about 1.5 million employees, who are eligible ...
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29 July
JetBlue to trim NYC-London flights
Bloomberg JetBlue Airways Corp has yet to start New York-London service and already has been forced to trim the schedule as travel restrictions hobble demand. “We’ve all been very frustrated the corridor hasn’t opened,†Chief Executive Robin Hayes said. “There’s no reason not to open it. It’s not data driven.†The carrier will fly its once-daily route between New York’s ...
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29 July
Blinken sets humble tone in Asia as US aims to boost ties
Bloomberg The latest swing of senior US officials through Asia indicates the Biden administration is taking a humbler tone in the region than the former president, with US Secretary of State Antony Blinken noting that every democracy was a “work in progress.†On his first official visit to India, Blinken sought common ground with New Delhi in their disputes with ...
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29 July
Human Rights Watch calls on Chile not to deport Venezuelans
Bloomberg Human Rights Watch is calling on Chile to stop “summary deportations†of Venezuelan citizens, saying those measures violate due process and international law. In June, Chile expelled 53 Venezuelans, some of whom were separated from family, had appeals pending or were denied phone calls or access to lawyer, Human Rights Watch said in a statement on Wednesday. Citizens of ...
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29 July
Peru swears in new president with cabinet still a mystery
Bloomberg Pedro Castillo, a former teacher from one of Peru’s most impoverished regions, takes office as the nation’s president with promises to redistribute wealth and rewrite the constitution that are likely to put him on a collision course with the political and business establishment. Castillo’s inauguration takes place in Lima on Wednesday morning, and was to be followed by the ...
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29 July
Abramovich denies buying Chelsea for Putin
Bloomberg Claims that Roman Abramovich, Chelsea Football Club Ltd’s billionaire owner, was directed to buy the team by Russian President Vladimir Putin to infiltrate the British political elite are “profoundly defamatory,†his lawyers said. Abramovich sued Catherine Belton, the author of “Putin’s People: How The KGB Took Back Russia And Then Took On The West,†which was published by Harper ...
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