Virgin Atlantic had previously identified a £750 million funding requirement but the total value of the package it is trying to secure is now about £1 billion. Photograph: iStock

Sir Richard Branson’s Virgin Group has committed £200 million (€221 million) of immediate funding for Virgin Atlantic as the grounded airline races to(...)

Delta and JetBlue Airways. are the only US carriers to guarantee empty middle seats

Delta Air Lines will block middle seats on all its aircraft through September, extending the policy for three months to soothe passenger fears about c(...)

Wall Street surged on encouraging early data about  a potential coronavirus vaccine, with investors also counting on more stimulus to rescue the US economy. Photograph: Getty Images

Global equity markets surged yesterday and oil rallied to highs last seen in mid-April as data from a potential Covid-19 vaccine trial by US grou(...)

Alitalia  under state control will  “focus strongly on long-haul routes, also with new transatlantic alliances”. Photograph: iStock

The Italian government will inject at least €3 billion in fresh capital into Alitalia, the industry minister said on Thursday, laying out the plan for(...)

Traders work at the New York Stock Exchange. Airlines took a battering after Warren Buffett’s negative comments last weekend. Photograph: Johannes Eisele/AFP via Getty Images

European stocks ended lower on Monday as investors were greeted with fresh US-China tensions following a May Day break, after Washington threatened ta(...)

 American Airlines is one of the companies seeking funding from the US government.

US airlines reached preliminary deals with the Treasury Department to access billions of dollars in aid, securing a temporary lifeline as the industry(...)

Ryanair has said a full grounding of the fleet cannot be ruled out

The airline industry is warning that it must shed jobs and obtain state support to survive the coronavirus crisis, as carriers around the globe ground(...)

In-flight etiquette: ‘We encourage our customers to be respectful of each other,’ says American Airlines. Photograph: iStock/Getty

Put away the blue and black dress – or was it white and gold? And leave behind Yanny or Laurel. Here’s the latest debate to grip the internet: Should (...)

A Delta Airlines jet empties its fuel tanks as it makes an emergency landing at Los Angeles International Airport, seen from Ocean View Elementary School in Whittier, California,  in this still video image obtained by Reuters.

An airliner with engine trouble dumped jet fuel that fell on dozens of schoolchildren while the plane made an emergency return to Los Angeles Internat(...)

JP Morgan kept the Dow in positive territory. Photograph: Johannes Eisele/AFP

European markets were broadly flat on Tuesday as investors awaited the signing of the phase one US-China trade deal. Dublin It was a flat day on th(...)

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