(Bloomberg) Hong Kong has ceased to function as an international aviation hub as it curbs inbound flights and quarantines arriving passengers, according to a trade group representing hundreds of airlines worldwide.
(Bloomberg) Frontline Ltd. and Euronav NV are considering an all-stock merger to create a $4.2 billion tanker giant to capitalize on an upswing in the market.
The proposed combination comes as Russia’s invasion of Ukraine starts to drive up the cost of transporting oil around the world.
(Bloomberg) Kenya Airways Plc and South African Airways are planning a series of investor roadshows to help find a financial backer for a combined airline group they aim to create next year.
(Bloomberg Businessweek) Less than two months ago, S7 Airlines was heralded as a Russian success story. Operating a modern fleet of Airbus SE and Boeing Co. planes, the carrier connected the country to western Europe, Central Asia, and even Thailand.