German output fell by 10.1 per cent, the most since the quarterly data series began in 1970. Photograph: AFP via Getty

Germany’s economy plunged into a record slump in the second quarter, when virus restrictions slammed businesses and households across Europe, destroyi(...)

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(...)

  Lufthansa’s €9bn state bailout   will be the biggest aid deal offered so far by a European government to an airline grounded by pandemic restrictions. Photograph:  Sean Gallup/Getty Images

Coronavirus travel bans might be about to turn European aviation’s clock back almost 30 years, reintroducing state ownership of airlines. Germany’s go(...)

“Ryanair will appeal against this latest example of illegal state aid to Lufthansa, which will massively distort competition and [the] level playing field into provision of flights to and from Germany for the next five years,” Mr O’Leary declared.

Ryanair will challenge a €9 billion government bailout of German rival Lufthansa, the Irish carrier confirmed on Tuesday. The German government this (...)

 Lufthansa aircraft   at Berlin Brandenburg International Airport in Schönefeld, Germany. The German government and Lufthansa have reached an agreement on a bailout rescue package. Photograph: EPA/Oliver Lang

Ryanair is almost certain to oppose the German government’s €9 billion bailout of airline group Deutsche Lufthansa. Germany’s government confirmed o(...)

Ryanair Holdings climbed 2.29% to €10.96 despite news that Germany would bail out the Irish airline group’s rival, Deutsche Lufthansa. File photograph: Getty

Shares rose yesterday as investors’ hopes that countries would begin easing Covid-19 restrictions grew. However, London was closed for the spring ban(...)

The Vienna base, the main hub for Laudamotion, will close on May 29th, Ryanair said Friday in a statement blaming the Vida union for the breakdown. Photograph: iStock

Ryanair’s Laudamotion unit will close its Airbus SE A320 base in Vienna, following through on a threat to cut more than 300 jobs after it failed to re(...)

Grounded aircrafts of German carrier Lufthansa at Frankfurt airport. The German government and Lufthansa are about to come to an agreement on an intended bailout rescue package. Photograph: Armando Babani/EPA

Deutsche Lufthansa said it’s close to a multibillion euro bailout deal that would see the state become its biggest shareholder after the coronavirus p(...)

Protective covers on the engines of a  plane operated by Air France-KLM at Blagnac Airport in Toulouse, France. Photograph: Balint Porneczi/Bloomberg

Air France-KLM has won EU approval for a €7 billion French state aid package that finance minister Bruno Le Maire said would lead to cutbacks in domes(...)

Air France-KLM and Lufthansa could end up with almost €20 billion of taxpayer cash between them. Photograph: AFP via Getty

Michael O’Leary knows plenty about state aid. Ryanair has been the focus of various subsidy disputes over the years, related to the small airports it (...)

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