LONDON The new boss of British Airways-owner IAG warned he may have to strip even more costs from the business as a second wave of COVID-19 leaves its airlines staring at a bleak winter with very little travel. | Video
* Warns France, Germany lockdowns will further depress
LONDON Britain will do everything it can to avoid ordering a second national COVID-19 lockdown because it believes it will do more harm than good to the country, a minister said on Thursday.
LONDON London's Heathrow is no longer Europe's busiest airport, ceding its long-held crown to Paris during the pandemic and blaming government inaction for its passenger numbers plunging even more than rivals.
LONDON Shareholders in Britain's Rolls-Royce approved the aero-engine maker's 2 billion pound ($2.61 billion) rights issue on Tuesday that will bolster the company's finances after the pandemic stopped planes flying.
LONDON Aero-engine maker Rolls-Royce will ask shareholders on Tuesday for 2 billion pounds ($2.6 billion) in a make-or-break attempt to survive the COVID-19 pandemic, which has stopped planes flying and hammered its finances.
LONDON British Airways owner IAG warned the travel slump from the coronavirus pandemic had deepened, forcing it to axe even more of its winter flying schedule after it reported on Thursday a quarterly loss of 1.3 billion euros ($1.54 billion). | Video