TUI has raised billions of euros from three bailouts since the pandemic hammered its core business

TUI will raise €1.1 billion by selling new stock, making it the latest travel company to tap investors for cash to reduce a giant pandemic debt pile. (...)

Lufthansa  reduced its monthly cash drain to €235m in the first quarter, and expects that figure to narrow to €200m per month in the current period. Photograph:   EPA/Filip Singer

Deutsche Lufthansa is working with banks on a plan to raise around €3 billion in equity to help repay its state coronavirus bailout, according to peop(...)

Photograph: iStock

Deutsche Lufthansa reined in capacity plans for the early summer as a surge in coronavirus cases coupled with Europe’s slow rollout of jabs pushes a h(...)

Aircrafts of German airline Lufthansa that at the airport in Frankfurt am Main, western Germany.  Lufthansa said on Thursday that it it lost a record €6.7 billion last year. Photograph: ARNE DEDERT/POOL/AFP via Getty Images

German airline Lufthansa posted a record €6.7 billion annual loss and said it is dependent on a successful vaccine rollout to get people flying again (...)

Ryanair is challenging more than a dozen state bailouts for airlines across Europe. Photograph: PA

Ryanair sought to shoot down Germany’s multibillion-euro bailout for Deutsche Lufthansa, asking a European Union court to cancel EU approval. Germany(...)

The S&P 500 and the Dow hovered at record levels in choppy trading on Tuesday as bets that fiscal aid will fuel a vaccine-led economic recovery boosted sentiment in the final days of the year.

European stocks extended their year-end rally in the wake of the Brexit trade deal and as the European Union vaccination programme got under way. Th(...)

Solid earnings from Nike in the US lifted the European sportswear manufacturer stocks Adidas and Puma. Photograph: Michael Nagle/Bloomberg

European stocks rose in Wednesday’s session, as a rebound in beaten-down travel stocks and gains for Adidas took the edge off data that highlighted an(...)

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 Dow Jones Industrial Average, S&P 500 and Nasdaq all rose in the first hours of trading in New York. Photograph: AFP via Getty

European shares rose on Wednesday, as investors shrugged off the previous day’s heavy losses for US technology stocks as well as rising fears that the(...)

The index was dragged down by a fall of about 2.2% for Ryanair, with the carrier closing at €11.80 on another weak day for airlines across Europe. File photograph: Getty

European stocks climbed as analysts speculated the market could be relatively resilient to last week’s technology-led declines in the US, while sterli(...)

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