July, 2020

• 2 July

  New coronavirus wave isn’t like the old wave

  When New York City’s Covid-19 epidemic peaked in late March and early April, the city was reporting more than 5,000 new confirmed cases a day, and more than 60% of tests for the disease were coming back positive. In Arizona, which has a similar if somewhat smaller population (7.3 million versus 8.3 million), new cases are currently averaging about 3,000 ...

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• 2 July

  American warns it has 8,000 more attendants than it needs

  

  Bloomberg American Airlines Group Inc told flight attendants it has as many as 8,000 more of them than it needs, and said it would offer more leave programs and a voluntary separation package to try to minimise the need for furloughs. The airline also will reduce staffing on international and cross-country flights to the minimum required by federal regulations, plus ...

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• 2 July

  Aeromexico files for bankruptcy in US

  

  Bloomberg Grupo Aeromexico SAB, Mexico’s second-largest airline, filed for bankruptcy in the US, becoming the latest in a string of Latin American carriers to seek court protection after the Covid-19 pandemic caused a severe downturn in travel. The carrier will “continue operating and use Chapter 11 as a way to strengthen its financial position and liquidity,” according to a statement ...

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• 2 July

  FAA concludes 3 days of test flights of Boeing’s 737 Max

  

  Bloomberg Testing of the 737 Max jetliner’s revised flight-control systems by US regulators and Boeing Co wrapped up, laying the foundation for the plane’s possible return to service later this year. The tests concluded an important milestone in assessing the grounded aircraft’s safety, the Federal Aviation Administration said in a statement. “During three days of testing this week, FAA pilots ...

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• 2 July

  Airbus begins biggest restructuring with 15,000 jobs to go

  

  Bloomberg Airbus SE embarked on the most extensive restructuring in its history, setting out plans to cut 15,000 civil-aerospace jobs as it attempts to steer through the crisis brought on by the coronavirus pandemic. The European planemaker will eliminate more than 10,000 positions across its main bases in Germany and France, part of an 11% reduction in global headcount, according ...

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• 2 July

  Wizz carries more customers than Ryanair

  Bloomberg Wizz Air Holdings Plc, Europe’s third-biggest discount airline, is attracting more passengers than long-time market leader Ryanair Holdings Plc as it races to restart flights following the easing of coronavirus lockdowns. Chief Executive Officer Jozsef Varadi has been building up operations faster than rivals, helped by Wizz’s focus on Eastern Europe, where the pandemic has had less of an ...

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• 2 July

  Putin gets rare ‘no’ from voters in Russia’s far north

  

  Bloomberg As Vladimir Putin surveys his resounding victory in this week’s national vote on constitutional changes that would allow him to rule until 2036, one Arctic region spoils the triumphant map. The remote Nenets Autonomous Region, an oil-rich swath of tundra about the size of Missouri that’s home to 42,000, was the only one in the official count to reject ...

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• 2 July

  Landslide at Myanmar mining hub kills 126

  

  Bloomberg A landslide at a jade mining site in Myanmar has left 126 people dead with heavy rains forcing authorities to pause search and rescue efforts. The deceased were mostly small-time miners collecting stones at old mining sites in Hpakant town in northern Kachin state. They were buried by mud after heavy rains led to the collapse of a quarry, ...

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• 2 July

  Europe says it has enough Gilead antiviral for virus

  Bloomberg Countries including Britain, Germany and Switzerland sought to allay concerns that they won’t have sufficient stocks of Gilead Sciences Inc’s remdesivir, one of two drugs shown to treat Covid-19, after the US forged a deal to snap up almost all the supplies for three months. The UK worked with Gilead in May to secure remdesivir in advance and has ...

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• 2 July

  China warns US, UK to stop criticism of new HK law

  

  Bloomberg China on Thursday warned of strong countermeasures if the US, Australia and the UK continued taking actions in response to Beijing’s tough national security law in Hong Kong, saying foreign pressure would “never succeed.” Chinese Foreign Ministry spokesman Zhao Lijian said China “deplores and firmly opposes” the US House of Representatives’ unanimous passing of a bill that would level ...

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