Investors give a huge $100m vote of confidence in Airbnb flotation
IN THE biggest US listing of 2020, Airbnb’s first day of public trading has secured a valuation of more than $100bn, with more than...
BA chief ejected as airline navigates Covid turbulence
AILING British Airways has announced a decision to remove Alex Cruz from his position as chief executive.
His place will be taken by Aer Lingus...
Firm that snapped-up troubled Thomas Cook is facing job cuts
THE COMPANY that bought-up 2,000 defunct Thomas Cook shops last October has warned that almost 900 of its staff may lose their jobs.
Hays Travel...
Job-swap hope for airline workers — but misery for EasyJet staff
By Hal Williams
IN A WEEK where EasyJet announced plans to cut up to 30 percent of its employees to save costs, home healthcare company...
Britain and Poland sign deal to develop ambitious travel hub
THE UK and Poland have signed an agreement to co-operate on the development of an international airport and railway interchange.
The decision to press on...
Quarter of BA jobs going: 12,000 staff members face the axe
BRITISH Airways says it will be forced to make up to 12,000 staff redundant because of the global collapse of air travel.
CEO Alex Cruz...
Oil price hits negative territory, Virgin ailing, firms need wage aid
CORONAVIRUS infections are dropping in many countries, but corporate and financial impacts are increasingly being felt.
Virgin Australia is going into administration, the US oil...
Thomas Cook ceases trading, leaving tens of thousands of customers stranded abroad
AFTER almost 180 years in business holiday firm Thomas Cook has collapsed — leaving 150,000 Britons stranded abroad.
The UK Civil Aviation Authority (CAA) said...
In for the long haul: Qantas to experiment with non-stop trips between London and...
QANTAS Airways is planning to run test flights between London and Sydney to discover how planes, crews and passengers will cope with the longest...
Max woes continue for Boeing, with production halt mooted
BOEING may halt production of the controversial 737 Max because of the aircraft’s grounding in the wake of two fatal accidents.
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