Vistara in talks with planemakers, lessors to delay taking delivery of some aircraft

Indian airline Vistara is in talks with planemakers and leasing companies to delay taking delivery of some aircraft, the carrier’s chief commercial officer said on Monday, as COVID-19 hits demand for air travel. Vistara, owned by India’s Tata Sons and Singapore Airlines (SIAL.SI), placed an order for 13 A320-neo family aircraft from Airbus SE (AIR.PA) […]

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Italian cabinet approves ‘mother of all reforms’ to slash red tape

The Italian government approved a package of measures on Tuesday aimed at cutting the complicated red tape that has long been blamed for crimping growth in the euro zone’s third-largest economy. The “simplification decree,” approved after weeks of fraught political negotiation, has been touted by Prime Minister Giuseppe Conte as “the mother of all reforms” […]

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Deutsche Telekom denies report it is intensifying partnership with Huawei

Deutsche Telekom on Tuesday denied a report that it had intensified its business relationship with China’s Huawei despite security authorities’ warnings. Handelsblatt newspaper earlier on Tuesday cited confidential documents as showing the German firm had increased its dependency on Huawei as a supplier for its 5G network and broadband expansion, cloud service and television offering. […]

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