Merkel’s government to offer the aviation group €9bn to aid it through the Covid-19 crisis in return for 20% stake

Subdued volumes traded on world markets as London and New York closed for holidays

Move follows through on a threat to cut more than 300 jobs

German state will become biggest shareholder as Covid-19 halts travel boom

Stipulations include being a ‘good customer’ for European plane-maker Airbus, and a revamp of loss-making services within France

Opinion: Ryanair and IAG unlikely to share in bailout largesse

Airline expects 60% of its flights to be back by September

Controversial practice likely to be out of favour for several years, causing higher volatility

Dispute between Lufthansa and cabin crew ongoing for several months

IAG chief Willie Walsh said that the move is being considered in light of “macro economic” weakness in Europe

‘Performance of UK economy will remain below-par until Brexit issue is resolved’

Laudamotion workers told positions of 30 flight-deck crews at risk

Iseq bucks trend with small drop while FTSE 100 inches higher as investors stay cautious

Company cites ‘tremendous opportunities’ to make travel more enjoyable

Shares fall as much as 30% in early trading in Oslo after airlines says it is open to takeover

Chief executive pledges to pursue ‘ambitious and innovative strategy’

Shares in UK tour operator rose the most in more than two months

Low-cost carrier says sales rose 32% in second quarter

Deal could help group boost market share as competition increases from low-cost carriers

Irish airline accounted for 40 per cent of total customer gains by no-frills carriers in 2017

Holiday company says it is not interested in rescuing the insolvent airline

Apple results; Irish unemployment indicator; and UCD seminar on algorithmic consumers

O’Leary says when Boeing and Airbus have low-cost, long-haul aircraft ‘we’ll jump on it’

BA strike, Brussels Airlines takeover, first non-stop UK-Australia flight, no to Trump hotel

Doubts persist over oil cartel’s ability to agree output cut as Wednesday meeting nears

Gadget maker Ericsson tumbles 20% to nine-year low after issuing profit warning

Tullow Oil leads gains for European oil-related companies

Airline could cut flights between Ireland and London as it bids to combat Brexit vote

Iseq share index rose at a faster pace than the UK and European markets due to airline

Ryanair drags Iseq lower as rival EasyJet reports weak quarterly sales

Europe-wide capacity glut is weighing on fares and wiping out cheap fuel gains

A round up of business events happening this week

Carmakers declined with BMW and Continental down 2.6 per cent or more.

A round up of business events happening this week

Stock markets fall globally and bond yields rise as all eyes stay on Federal Reserve

Europe’s five leading airlines, including Ryanair and IAG, have joined together to propose a new aviation strategy

Airline makes €867m in 2014 and carries more than 90m passengers

A round-up of other business events happening this week

Carrier cut over 7,500 jobs in three years in overhaul to increase competitiveness

European aviation agency told Germany last November to remedy situation, claims newspaper