Two grounded Monarch aircraft after the airline ceased trading, October 2nd, 2017. Photograph: Reuters/Mary Turner

Travel firm Thomas Cook has bid for failed rival Monarch Airlines’ landing and take-off slots at London Gatwick airport, two sources close to discuss(...)

‘Black Friday’  on Oxford St,  London, on November 24, 2017. Photograph: AFP/ Daniel Leal-Olivas/Getty

European shares ended little changed on Friday, underpinned by gains among heavyweight financial stocks. British shares were slightly lower. US stock(...)

EasyJet’s pretax profit for the year ended September 30th fell 17 per cent to £408 million. Photograph: Phil Noble/Reuters

EasyJet predicted a gain in prices this winter after earlier forecasting a decline as the collapse of rivals including UK-based Monarch Airlines remov(...)

Alitalia remains saddled by high overhead costs - including personnel as well as aircraft leasing contracts - and heavy competition from low-cost airlines on its short- and medium-range routes.

Cerberus Capital Management, the US private equity group, has approached Alitalia about a bid that would allow Italy’s troubled flag carrier to remain(...)

The sale of Alitalia, Italy’s flag carrier, has been delayed until next April, adding to uncertainty in the European airline industry

The sale of Alitalia, Italy’s flag carrier, has been delayed until next April, adding to uncertainty in the European airline industry following a stri(...)

EasyJet will be keen to fill the vacuum left by Monarch at locations including Luton and London’s Gatwick airport. Photograph: Philippe Huguen/AFP/Getty Images

EasyJet Plc is counting on the failure of three rival carriers to help accelerate its expansion into major European markets, bringing a silver lining (...)

Checking out of checking in: An empty Monarch Airlines departures area at Birmingham airport, England. Photograph: Oli Scarff/AFP

Image of the week: Dethroned Monarch Taking the heat off Ryanair for a while, Britain’s Monarch Airlines ceased trading on Monday in the biggest airl(...)

Founded 50 years ago by the Swiss-Italian Mantegazza family, Monarch   started with just two planes flying out of Luton airport. Photograph: Getty Images

It wasn’t exactly Dunkirk, but the 165 passengers who touched down at Gatwick airport on Monday were the first contingent of Britain’s biggest ever pe(...)

Traders work on the floor of the New York Stock Exchange   in New York . Photographer: Michael Nagle/Bloomberg

World stock markets climbed on Monday, lifted by optimism over the outlook for corporate earnings and US president Donald Trump’s tax reform plan, wh(...)

A note on the cessation of operation of Monarch Airlines flights is shown at Gatwick Airport, London.

UK’s Civil Aviation Authority (CAA) said on Monday Britain’s Monarch Airlines ceased operations with immediate effect, leaving 110,000 customers stra(...)

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