A seat in business or first class is on average five times more expensive than in economy. Photograph: iStock

Ian Woodroofe, has notched up a business trip “probably every week” – often overseas – for more than 20 years. Trips were always business class and he(...)

Oil stocks slumped as crude prices dropped more than 5 per cent. Photograph: AFP via Getty

European stocks handed back most of their early gains to close slightly higher yesterday, as a slide in oil majors offset a slew of positive earnings (...)

Cairn Homes, which received the green light to build 611 apartments on Dublin 4 land previously owned by broadcaster RTÉ, rose 2.5 per cent.

European stocks edged higher, although the London market underperformed as sterling rallied, while on Wall Street, the early gains subsided as tech st(...)

The company will put five more aircraft back in the air in September, raising the total to 25.

Norwegian Air still needs more cash in order to weather the Covid-19 pandemic, the budget carrier said on Friday, as it reported a deep loss for the f(...)

The UK carrier, founded and controlled by billionaire Richard Branson, has already secured backing from three creditor classes and is now seeking approval from the fourth. File photograph: The Irish Times

Virgin Atlantic’s trade creditors voted on Tuesday in favour of a £1.2 billion (€1.3 billion) rescue plan, moving the airline a step closer to complet(...)

Berkshire Hathaway chief executive Warren Buffett. The holding company said the effects of the pandemic on the airline sector ‘continues to be particularly severe’. Photograph: Johannes Eisele/AFP

Warren Buffett’s Berkshire Hathaway reported a surge in profits in the second quarter as the value of its stock portfolio rebounded, offsetting a near(...)

Photograph: iStock

Richard Branson’s Virgin Atlantic Airways told a London court that it will run out of cash next month unless it secures approval for a £1.2 billion ((...)

Photograph: iStock

About 400,000 airline workers have been fired, furloughed or told they may lose their jobs due to the coronavirus, according to Bloomberg calculations(...)

British Airways said: “It is with great sadness that we can confirm we are proposing to retire our entire 747 fleet with immediate effect.”

British Airways has accelerated the retirement of its fleet of Boeing 747s, the iconic jumbo jet, following the downturn in air travel caused by the c(...)

Delta airlines said that demand that built up over June for travel to places like Las Vegas, Florida or New York had suffered due to fresh cases and quarantines. Photograph: Daniel Slim/AFP via Getty Images

Delta Air Lines scaled back the flights it planned to add in August amid a surge in Covid-19 cases and warned it will be more than two years before th(...)

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