Bloomberg Britain’s aviation regulator, granted new powers in the Brexit split, faces an early test of how it uses them with the looming return of Boeing Co’s 737 Max jetliner. Approval of the Max to fly again after two fatal crashes provides a chance for the Civil Aviation Authority (CAA) ...
Read More »Singapore Air trials ‘pre-departure tests’
Bloomberg Singapore Airlines Ltd has set up pre-departure coronavirus tests for passengers through its booking platforms as part of efforts to revive travel demand destroyed by the pandemic. People flying from Singapore as well as those traveling to the city-state from Jakarta and Medan in Indonesia can take tests at ...
Read More »Hong Kong, Changi lose status as Asia’s busiest airports
Bloomberg Hong Kong no longer has the busiest airport for international traffic in Asia after the coronavirus pandemic wiped out travel, leaving South Korea’s Incheon International Airport in top spot, albeit with drastically fewer numbers than previous years. Hong Kong International Airport handled 8.84 million passengers in 2020, an 88% ...
Read More »Air Lease mulls reinstating cancelled 737 Max orders
Bloomberg Air Lease Corp is considering reinstating some previously canceled Boeing Co 737 Max orders, though not until more regulators clear the jet’s return, Chairman Steven Udvar-Hazy said. Los Angeles-based Air Lease, one of the world’s largest aircraft leasing firms, had committed to 195 Max purchases as of year-end 2019, ...
Read More »Virgin Orbit sends satellites into space
Bloomberg Billionaire Richard Branson’s orbital-rocket system put its first satellites into space, after a previous attempt failed in May. Virgin Orbit said a Boeing Co 747 named Cosmic Girl took off from California carrying the company’s LauncherOne rocket, which was then released and ignited before successfully reaching orbit. It then ...
Read More »How to take advantage of unprecedented points, travel deals!
Bloomberg The beginning of a new year is always a good time to rethink your travel rewards strategy—but never more so than 2021. With the travel industry experiencing continued disruption from the coronavirus pandemic and hamstrung vaccine rollouts threatening to extend border closures even longer than expected, airlines and hotels ...
Read More »All inbound travellers to take virus tests in S’pore
Bloomberg Singapore will require all inbound travellers to take a Covid test upon arrival in the city-state from January 25 amid a resurgence of cases globally, the Ministry of Health said in a statement. Citizens and permanent residents of Singapore who return from either the United Kingdom or South Africa ...
Read More »Grounded flights send US jet fuel prices sliding again
Bloomberg The new wave of lockdowns around the world is sending US jet fuel prices slumping and exports slowing to a trickle all over again. It’s not as bad as the crash last April, but the headwinds the aviation market still faces before vaccines bring life to normal are increasingly ...
Read More »Boeing buoyed by $20bn of idled Max jets valued like new
Bloomberg When Boeing Co ended a long commercial drought last month by handing over 737 Max jets to two top customers, the transactions marked a little-noticed break with tradition. The planes were built in 2019 but recorded as 2020 models when they were delivered, having sat dormant during the longest ...
Read More »Virgin Atlantic Air sells jets to pay off rescuer
Bloomberg Virgin Atlantic Airways Ltd sold two Boeing Co 787 jetliners to fund the repayment of a loan from hedge fund Davidson Kempner Capital Management that formed the basis of a hard-won rescue last year. The planes were bought by Griffin Global Asset Management and Bain Capital Credit, Virgin Atlantic ...
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