Grounded Lufthansa planes parked and pulled from service in Frankfurt, Germany. Photograph: Getty

Air passenger demand could be halved, costing European airlines €70 billion in lost sales, as Covid-19 grounds flights across the continent, one indus(...)

A Boeing 787 Dreamliner, operated by Qatar Airways flies off as Delta  and Southwest planes sit parked at a field in Victorville, California. Photograph: Patrick T. Fallon/Bloomberg

Sweeping travel bans will cost airlines around €230 billion this year, more than twice the original estimate of Covid-19 revenue losses. Irish carrie(...)

Ryanair boss Michael  O’Leary counselled that the EU had to be careful how it distributed aid to the industry.

Ryanair is halving pay across the board for two months as it continues to grapple with the Covid-19 crisis. Group chief executive Michael O’Leary tol(...)

A Qantas Airways aircraft is docked at Sydney Airport in Sydney, Australia. Qantas is cutting almost all overseas flights and more than half its domestic schedule as the coronavirus outbreak paralyses travel worldwide. Photograph: Brendon Thorne/Bloomberg

Australia and Taiwan joined a growing list of countries offering financial aid to their ailing aviation sectors as global airlines announced deeper c(...)

Qantas has cut almost a quarter of its international capacity for the next six months as travel demands fall due to fears over COVID-19. Photograph:  Mark Evans/Getty Images

Qantas Airways and Air France-KLM became the latest airlines to announce massive cuts in flights as the coronavirus impedes travel. Norwegian Air ha(...)

Ryanair is citing government restrictions on travel in response to the spreading coronavirus. Photograph: Getty

Ryanair made further cuts to its flight schedule to and from Italy on Monday, citing government restrictions on travel in response to the spreading co(...)

Lufthansa said it would cut up to 50 per cent of its flights in the next few weeks. Photograph: Michael Probst/AP Photo

European Union regulators, responding to pleas from the airline industry, said they are considering loosening a rule on the use of airport slots to he(...)

A grounded Flybe aircraft  at Exeter airport in the UK. The collapsed airline operated 14 routes from  Belfast City Airport. Photograph: Bloomberg

No sooner had analysts gloomily predicted this week that coronavirus would spell the end for “some weaker European airlines” than Flybe obliged by ann(...)

US stock indexes fell sharply on Thursday as the swift spread of the coronavirus in the United States led California to declare an emergency. Photograph: AFP via Getty

Global equity markets tumbled and the dollar slid on Thursday as the number of coronavirus cases outside China mounted rapidly, leading California to (...)

Ireland’s traditional strengths, such as an attractive tax regime and availability of experienced talent, will help it retain its leadership position in aviation finance. Photograph: iStock

With the International Air Transport Association predicting China will overtake the US as the world’s largest aviation market within the next five yea(...)

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