TOP NEWS: IAG Unit Level Europe Ceases Airline Operations
TOP NEWS: IAG Unit Level Europe Ceases Airline Operations

TOP NEWS: IAG Unit Level Europe Ceases Airline Operations
(Adds comments from a company spokeswoman)MADRID, June 18 (Reuters) - Iberia has rescheduled deliveries of Airbus A350 and A320neo aircraft, and plans to withdraw 14 older Airbus A340 jets from its fleet, as the coronavirus crisis curbs air travel...
(Adds detail, background)LONDON, June 18 (Reuters) - Austrian short-haul budget carrier Level Europe plans to file for insolvency, it said on Thursday, becoming the latest airline casualty of the coronavirus crisis despite the financial might of p...
LONDON, June 18 (Reuters) - Level Europe, an Austrian low-cost short-haul airline which is part of the parent group of British Airways, IAG, said in a statement on Thursday that it intends to file for insolvency.In its statement Level Europe, a ca...
MADRID, June 18 (Reuters) - Iberia has rescheduled deliveries of Airbus A350 and A320neo aircraft and plans to withdraw 14 older Airbus A340 airliners from its fleet as the coronavirus curbs air travel, Spanish newspaper Cinco Dias reported on Th...
(Adds details, quotes)LONDON, June 17 (Reuters) - Qatar Airways will not take any new planes ordered from Boeing or Airbus in 2020 or 2021, chief executive Akbar al-Baker said on Wednesday, adding there would be a knock-on effect to future deliver...
LONDON, June 17 (Reuters) - Qatar Airways will not take any new planes from Boeing or Airbus in 2020 or 2021, chief executive Akbar al-Baker said on Wednesday, adding that there would be a knock-on effect to future deliveries due to the COVID-19 ...
LONDON, June 17 (Reuters) - Britain's health minister on Wednesday hailed the use of a steroid called dexamethasone for treating coronavirus patients as the best news so far of the outbreak.Trial results announced on Tuesday showed dexamethasone, ...
LONDON, June 16 (Reuters) - British Prime Minister Boris Johnson said on Tuesday he wanted to see unrestricted travel to Spain and France "as soon as we can", but defended his government's quarantine policy on arriving visitors."We don't want to r...
TOP NEWS: UK May Unveil Air Bridges By June End - Transport Secretary
(Sharecast News) - Stocks across the Continent are extending their rebound from the previous day stoked by news of further stimulus Stateside.
MADRID, June 16 (Reuters) - The fleet of Iberia airline, a Spanish unit of International Consolidated Airlines, will be smaller in the coming five years, its chief executive Luis Gallego said."The Iberian fleet is going to be smaller over the next...
LONDON MARKET OPEN: FTSE Up 2.5% As Construction Stocks Get Trump Bump
TOP NEWS: IAG Chief Hits Back At "Unjustified" Criticism From MPs
LONDON, June 15 (Reuters) - British Airways is fighting for its survival and has acted lawfully, Willie Walsh, the chief executive of the airline's owner IAG said on Monday, in a terse response to lawmakers who heavily criticised its treatment of...