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Asian Insider, March 11: China s vote for change in Hong Kong; Suu Kyi took illegal payments & gold

Asian Insider, March 11: China s vote for change in Hong Kong; Suu Kyi took illegal payments & gold
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IATA expects a return to personal and leisure travel from the second half of 2021

AerCap to buy GE s aircraft-leasing unit in US$30b deal | Money

Wednesday, 10 Mar 2021 09:57 PM MYT AerCap CEO and Executive Director Aengus Kelly speaks at the 2016 International Air Transport Association (Iata) Annual General Meeting and World Air Transport Summit in Dublin June 1, 2016. Reuters pic Subscribe to our Telegram channel for the latest updates on news you need to know. NEW YORK, March 10 The world’s two largest aircraft leasing companies are combining to create a new financing giant after Ireland’s AerCap finalised a deal worth more than US$30 billion (RM123.8 billion) to buy the leasing unit of General Electric. The two companies announced a deal today after days of speculation surrounding the takeover of GE’s leasing arm GECAS to create a portfolio of more than 2,000 jets, dwarfing industry rivals.

Travellers itching to get back in the air, but say risks have to be managed

Travellers itching to get back in the air, but say risks have to be managed Online survey shows people are increasingly confident about returning to air travel as trust in health travel apps grows 11 March 2021 - 07:00 An International Air Transport Association survey shows that while there is still strong public support for travel restrictions, people are feeling more comfortable with managing the risks. Stock photo. Image: 123RF/TRANIKOV STUDIO About 88% of people polled in an airline industry survey say that governments need to strike a balance between managing the risks posed by Covid-19 and kick-starting their economies. This was one of the key findings in the latest International Air Transport Association (Iata) poll of recent travellers, which showed people were increasingly confident in returning to air travel and growing acceptance of travel apps to monitor health.

Travellers gaining confidence in return to air travel

Travellers gaining confidence in return to air travel GENEVA, Switzerland, 25 days ago Recent travellers have revealed a growing confidence in a return to air travel, but are frustrated with the current travel restrictions, according to a new survey conducted by the International Air Transport Association (IATA). The survey found acceptance of a travel app to manage health credentials for travel by the respondents. About 84% of the travellers believe that Covid-19 will not disappear, and people need to manage its risks while living and travelling normally, the survey said. While there is public support for travel restrictions, it is becoming clear that people are feeling more comfortable with managing the risks of Covid-19, it said.

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