India’s expansive domestic network made it one of the world’s fastest-growing countries for aviation before the recent Covid-19 outbreak. Short-haul carriers such as IndiGo propelled India to the world’s third-largest market.
LONDON: The ferocious surge in new coronavirus cases that has turned India into the global pandemic hotspot has also reversed one of the airline industry’s biggest travel comebacks.
Carriers in India had reached 87% of their pre-pandemic seat capacity through early April, based on a Bloomberg analysis of data from flight tracker OAG. That progress has now unravelled as the surge in infections led to a pullback in domestic flights, which make up the vast majority of the market.
FORT WORTH, Texas American Airlines is further streamlining and helping customers travel with confidence when they are ready to fly. Through collaboration with airport authorities in Italy and coronavirus (COVID-19) testing partner GoHealth Urgent Care, American is leading the way in safe travel.
Airline opens quarantine-free travel on flights from New York (JFK) to Milan (MXP) and Rome (FCO).
Customers from several U.S. states, including the airline’s hubs in Charlotte, North Carolina (CLT), and New York City (JFK), will have convenient access to preflight testing through GoHealth Urgent Care. FORT WORTH, Texas American Airlines is further streamlining and helping customers travel with confidence when they are ready to fly. Through collaboration with airport authorities in Italy and coronavirus (COVID-19) testing partner GoHealth Urgent Care , American is leading the way in safe travel.
Where can you fly right now? India s outbreak stalls global travel rebound bangkokpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bangkokpost.com Daily Mail and Mail on Sunday newspapers.
Bond Investors Take Ever-Riskier Bets in Hunt for Returns
Bloomberg 2 hrs ago Jack Pitcher and Laura Benitez
(Bloomberg) Bond investors, emboldened by a recovering economy and a global vaccine rollout, are taking on more risk, sometimes a lot more risk.
Popular Searches
Insurers, pension systems and high-grade credit managers in the U.S. and Europe are buying bigger amounts of junk-rated debt to offset shrinking yields, forcing high-yield investors to jostle for allocations of BB rated bonds the safest and largest part of their class with 60% of the market. Some fund managers, used to having their pick of speculative-grade bonds, have seen their orders for new bonds cut in recent months, they said, declining to be identified because the information is private. One high-yield fund manager said his orders have been scaled back by as much as 15%.
Barclays PLC (NYSE:BCS), (AAL) - Barclays Taps Amount Over End-To-End Digital Banking Solutions benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.