May 25 2021, 11:03 PM
May 25 2021, 9:30 AM
May 25 2021, 11:03 PM
(Bloomberg) Iceland will get a new airline next month as startup Play Air seeks to capitalize on the islandâs recovery from the coronavirus crisis and inclusion on the U.K.âs green list for quarantine-free travel.
(Bloomberg) Iceland will get a new airline next month as startup Play Air seeks to capitalize on the islandâs recovery from the coronavirus crisis and inclusion on the U.K.âs green list for quarantine-free travel.
The launch of flights to seven European cities from June 24 comes almost two years after Play was first conceived as a successor to Wow Air Hf, with several of its top executives having worked at the defunct discounter. The new venture is planning a rapid listing to raise as much as $20 million to fund U.S. routes.
May 25 2021, 8:10 PM
May 25 2021, 5:13 PM
May 25 2021, 8:10 PM
(Bloomberg) Belarus may have become increasingly isolated with every year that dictator Alexander Lukashenko clings to power. But the country has remained an important fly-over territory for airliners, particularly since parts of neighboring Ukraine were deemed unsafe to traverse in the wake of the 2014 downing of a Malaysian Airlines aircraft.
(Bloomberg) Belarus may have become increasingly isolated with every year that dictator Alexander Lukashenko clings to power. But the country has remained an important fly-over territory for airliners, particularly since parts of neighboring Ukraine were deemed unsafe to traverse in the wake of the 2014 downing of a Malaysian Airlines aircraft.
Belarus may have become increasingly isolated with every year that dictator Alexander Lukashenko clings to power. But the country has remained an important fly-over territory for airliners, particularly since parts of neighboring Ukraine were deemed unsafe to traverse in the wake of the 2014 downing of a Malaysian Airlines aircraft.
Many airlines are flying over Latvia instead of Belarus after the interception of a Ryanair jet on May 23. (Photo/Ryanair)
About 400 flights a day use Belarus airspace, including about 300 that pass over without landing, according to Eurocontrol, which is responsible for managing Europe’s airspace. Now European airlines have begun skirting around Belarus at the directive of European Union leaders.
New Icelandic Airline Plans June Launch After Two-Year Hiatus bloombergquint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloombergquint.com Daily Mail and Mail on Sunday newspapers.
New York/London: Countries that have quickly rolled out coronavirus vaccines are only cautiously reopening for international travel, a sign it will take time for a hoped-for rebound in air traffic to develop.
UK airline capacity remains stuck at about one-tenth of 2019 levels, as the government weighs a May 17 target to restart international travel. Israel, where almost 55% of the population has been fully vaccinated, is preparing to welcome visitors in groups from May 23 if they can show they’ve had the jab.
Decision makers face a tough balancing act. A second summer in a row without significant air travel would deal a major setback to an already struggling aviation industry, and also to hotels, shops and restaurants that rely on tourism. Meanwhile, there are concerns that premature reopenings will help spread newer strains of the coronavirus and undermine progress toward slowing the spread of the disease.