IAG's Iberia And Vueling Agree Loans Amid Virus Hit On Travel Sector
IAG's Iberia And Vueling Agree Loans Amid Virus Hit On Travel Sector
Read moreIAG's Iberia And Vueling Agree Loans Amid Virus Hit On Travel Sector
Read more* Ryanair to cut 15% of staff on pandemic disruption* Sees annual loss, 'anaemic' performance in summer* Eyes cost cuts from staff to airports to Boeing* Threatens to delay or cancel some Boeing jets (Recasts with O'Leary interview)By Conor Humphrie...
Read more(For a live blog on European stocks, type LIVE/ in an Eikon news window)* FTSE 100 down 2.2%, FTSE 250 off 1.3%May 1 (Reuters) - London-listed stocks fell on Friday as data showed the UK housing market was grinding to a halt, with sentiment also d...
Read more(Sharecast News) - International Airlines Group said its Iberia and Vueling airlines had agreed to borrow just over €1bn (£880m) from banks with backing from the Spanish government to support them during the Covid-19 crisis.
Read more(Adds BALPA union statement)By Laurence Frost and Josephine MasonPARIS, April 30 (Reuters) - British Airways is seeking to lay off a quarter of its pilots as it slashes costs to weather the coronavirus crisis, according to a letter sent to their u...
Read more(Adds details, background)PARIS, April 30 (Reuters) - British Airways is seeking to lay off a quarter of its pilots as it slashes costs to weather the coronavirus crisis, according to a letter sent to their union and seen by Reuters.BA intends to ...
Read moreUK Earnings, Trading Statements Calendar - Next 7 Days
Read morePARIS, April 30 (Reuters) - British Airways is seeking to cut pilot numbers by a quarter as it slashes costs to weather the coronavirus crisis, according to a letter sent to union leaders and seen by Reuters.Under the plan, BA would cut 1,130 capt...
Read moreUK BROKER RATINGS SUMMARY: ODDO BHF Cuts IAG To Neutral From Buy
Read moreLONDON BRIEFING: Shell Cuts Dividend As Earnings Drop Almost 50%
Read more(Sharecast News) - Planemaker Airbus warned on Wednesday that the recovery in the aviation industry from the coronavirus crisis may take up to 5 years time as airlines turn to layoffs and pay reductions as they fight for survival.
Read more(Adds detail)LONDON/PARIS, April 29 (Reuters) - British Airways is planning a major overhaul of its cabin crew that will "significantly reduce" their numbers, an internal memo circulated on Wednesday showed, after parent IAG moved to cut as many ...
Read more(Adds details on state aid, background)By Arno Schuetze, John Miller and Alexandra Schwarz-GoerlichFRANKFURT/ZURICH/VIENNA, April 29 (Reuters) - Switzerland and Austria pledged to help Lufthansa with state-backed loans as the German airline pursues...
Read moreLONDON/PARIS, April 29 (Reuters) - British Airways is planning a major overhaul of its cabin crew that will "significantly reduce" their numbers, according to an internal memo circulated on Wednesday, after parent IAG moved to cut as many as 12,0...
Read more(Adds details on staff memo, union comment)By Sarah YoungLONDON, April 29 (Reuters) - A plan to axe up to 12,000 jobs at IAG's British Airways underlines CEO Willie Walsh's desire to survive what is expected to be aviation's worst downturn without ...
Read more