Boeing 737 Max return gathers pace with 100 planes back in sky

Bloomberg The number of Boeing Co. 737 Max jets back in service has now topped 100 as airlines in the US, Brazil and Europe add more flights with the re-certified jet. More than 1,300 flights were logged in the week through March 3, with American Airlines Group Inc. operating almost 400 flights, according to data from aviation analytics firm Cirium. ...

Read More »

Lufthansa pivots to UK to profit from faster vaccine progress

Bloomberg Deutsche Lufthansa AG is seeking to profit from UK’s plans to exit lockdown, with its Eurowings subsidiary to offer flights from the UK to Mallorca for the first time as Germany’s coronavirus vaccine rollout sputters. Eurowings will initially fly vacationers from Birmingham and Manchester to the Spanish island and back twice a week starting at the end of May, ...

Read More »

Virgin Galactic chairman sells $213 million stake

Bloomberg Virgin Galactic Holdings Inc. tumbled after its billionaire Chairman Chamath Palihapitiya offloaded shares worth about $213 million in the space-tourism company founded by Richard Branson. Palihapitiya, who has helped drive the frenzied growth of blank-check companies, disposed of 6.2 million shares at an average price of $34.32 this week, based on a filing with the US Securities and Exchange ...

Read More »

Alitalia talks entering crucial stage in test for Draghi at EU

Bloomberg Discussion on the future of cash-strapped Alitalia entered a crucial phase, as talks with European authorities resumed, an early test of Italian Prime Minister Mario Draghi’s relationship with Brussels. The Italian government and the European Commission agreed to “work constructively together to find workable solutions on the Alitalia file,” a Commission spokesman said after Commission Vice President Margrethe Vestager ...

Read More »

Airbus books slew of lost orders as deliveries lag output

Bloomberg Airbus SE suffered a surge in order cancellations last month as Norwegian Air Shuttle ASA scrapped narrow-body jet purchases and a wave of coronavirus lockdowns pushed back expectations for a revival in air travel. The European planemaker lost 92 commitments in February, it said in a statement, 88 of them from the Scandinavian discounter, which is seeking to restructure ...

Read More »

Mauritius halts inbound flights

Bloomberg Mauritius has stopped inbound commercial flights, until further notice, after six local Covid-19 cases were detected over two days, Health Minister Kailesh Jagutpal said. The objective of the move is to free up space for people to be placed in quarantine following a contact-tracing process, Jagutpal told reporters in the capital, Port Louis. The suspension of flights would provide ...

Read More »

China diplomat warns Biden to tread carefully on Taiwan

Bloomberg A top Chinese diplomat urged the US to stop “crossing lines and playing with fire” on Taiwan, as part of a broad series of warnings to President Joe Biden against meddling in Beijing’s affairs. Chinese Foreign Minister Wang Yi said at his annual news briefing on Sunday there was “no room for compromise or concessions” in Beijing’s claim to ...

Read More »

Trump tells GOP to stop using his name without permission

Bloomberg Lawyers for former President Donald Trump have demanded the Republican National Committee and other GOP entities stop using his name and likeness on fund-raising emails and merchandise without his permission, said a person familiar with the move. The cease-and-desist letters, first reported by Politico, were sent to the RNC, the National Republican Congressional Committee, and the National Republican Senatorial ...

Read More »

Joe Biden order attempts to blunt efforts of GOP to restrict voting

Bloomberg President Joe Biden signs an executive order mandating federal departments and agencies increase efforts to help Americans register to vote, as the White House looks for ways to offset Republican efforts to toughen voting standards. The executive action will direct federal facilities to accept requests from states — which each run their own voter processes — to become registration ...

Read More »

South African official urges MPs to block ombudsman inquiry

Bloomberg A senior official in South Africa’s ruling party said the government should reject an attempt to impeach the country’s public prosecutor, according to the Sunday Times. According to Ace Magashule, a motion to investigate Busisiwe Mkhwebane is a strategy by the main opposition party to divide the governing African National Congress. The motion from the opposition Democratic Alliance for ...

Read More »
Send this to a friend