New “circuit-breaker” restrictions designed to prevent a second wave of Covid-19 in England would have “astronomical” consequences for struggling businesses unless they receive further financial support, the government has been
The jet engine maker Rolls-Royce made a record loss of £5.4bn in the first half of the year, with the collapse in international travel during the pandemic leading to a
Photograph: David Burton/Alamy Stock Photo/Alamy Stock Photo Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. Scotland’s whisky makers may
Virgin Atlantic has declared itself bankrupt and is seeking protection from creditors in the US, according to a court filing in New York on Tuesday. The airline is seeking the
Six weeks ago, hopes were high that travel restrictions would be eased in time to save the summer for low-cost airlines. Shares in easyJet rose from 500p in mid-May to
Holidaymakers have been warned the government could impose “handbrake restrictions” on more countries beyond Spain in order to stop the spread of coronavirus – with travellers unlikely to be given
Airbus has said it is taking the last step to end 16 years of bitter litigation with the US at the World Trade Organization (WTO) over subsidies that the White
The US will bar Chinese passenger carriers from flying to the United States starting on 16 June as it pressures Beijing to allow US air carriers to resume flights, the
3.45am EDT 03:45 Refunds for customers with cancelled flights will be issued “in a month or two”, O’Leary added. 3.42am EDT 03:42 Ryanair’s regional bases (outside major hubs such as
We booked Ryanair flights to Malta in March which, of course, had to be cancelled. At the end of March Ryanair promised us that our request for a full refund
