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Willie Walsh got a new job this month: the Irish government hired the British Airways supremo as chairman of advisers to its state debt agency. And the latest evidence of the impact of Mr Walsh’s drastic cost-cutting at International Airlines Group (IAG) suggests the Irish couldn’t have found a better person for the job.

Spanish airline Iberia cancelled more than a third of its flights today

British Airways owner IAG to axe 4,500 jobs as it tries to stem Iberia losses

The owner of British Airways is to axe 4,500 jobs as it battles to save its loss-making Spanish airline Iberia.

Axe poised over 7,000 jobs in Iberia restructuring plan

Iberia, the Spanish airline that merged with British Airways to become International Airlines Group (IAG) last year, is to axe up to 7,000 jobs tomorrow, union bosses have warned.

Colin Horsley: Pioneering pianist

Colin Horsley, the New Zealand pianist who made his home in Britain, was first noticed at an end-of-term concert at the Royal College of Music in 1941 when he displayed "almost alarming virtuosity" in a performance of the Saint-Saëns G minor piano concerto. A reviewer wrote: "he can do everything and does it with ease".

BA owner IAG makes £199m loss

Spain's economic crisis and the "deep and structural" problems of its main airline plunged the owner of British Airways into the red today.

Five live: Could the inter-terminal sprint become an Olympic event at Heathrow?

Simon Calder: Terminal tangle afflicts Britain's busiest airport

Terminal 5 at Heathrow is, by the unchallenging standards of UK airport architecture, magnificent. Not only is the £4.3bn structure a spectacular, spacious celebration of flight – it is also a great place to change planes. Whether you are going from Newcastle to New York or Chicago to Chennai, the all-important "minimum connecting time" is just one hour. In 60 minutes, your bag is transferred in the gigantic sorting office below the terminal, while you are free to explore the shops and restaurants, or simply revel in the space and light "T5" affords.

BA warns City it will only break even

The owner of British Airways yesterday shocked the City by warning that it will only break even this year, as it suffers from Spain's economic strife, soaring fuel costs and strikes.

Spencer Myer, Wigmore Hall, London

As each new player joins the fray, one remembers the imbalance between the seven hundred pianists listed in the British Music Yearbook, and the thirty who make a decent living from concerts.

Album: Daniele Gatti, Orchestre National De France (Sony Classical)

Daniele Gatti enters wholeheartedly into the enchantments of Debussy here, with striking results: rarely can a faun have been so breathtakingly glimpsed through sun-dappled foliage, or a dialogue between wind and sea been quite this animé et tumultueux, to use the composer's own direction.

BA takeover to cost 1,200 jobs at BMI

Up to 1,200 jobs will be lost in the £172m takeover of BMI by the parent group of British Airways, the airline has announced.

Something to declare: Spanish practices; Reykjavik; Jersey; safety in the Maldives

Warning of the week: Spanish practices

Olympics 'will hit demand for business flights'

The owner of British Airways – the official airline of the Olympics – has warned that the Games will "dampen" demand for its flights, particularly in the lucrative business market.

A panoramic view of Santiago

Santiago: Poetry and motion in Chile's capital

Santiago carries reminders of a troubled past, but Simone Kane discovers that art and architecture are much in evidence too

Spain's Iberia scraps flights during strike 

Spanish airline Iberia cancelled more than a third of its flights today due to a strike by pilots fearing job losses when company planes are diverted for use by Iberia's planned new budget carrier.

The owner of British Airways, International Airlines Group (IAG), today said it had reached a binding agreement with Lufthansa to buy airline BMI for £172.5 million

British Airways owner IAG agrees to buy BMI for £172.5m

The owners of British Airways today announced a deal to buy ailing airline BMI for £172.5 million amid fears that jobs will be lost following the acquisition.

Travel Challenge Costa Rica

Each week we invite three travel companies to offer us their best deal for a specific holiday. Today: a two-week trip to Costa Rica. Prices are per person, based on two people travelling together. All prices include 14 nights' accommodation and flights from Heathrow in early February next year.

News
The cartoon produced by Bruce MacKinnon for the Halifax Chronicle-Herald on Thursday, showing the bronze soldiers of the war memorial in Ottawa welcoming Corporal Cirillo into their midst
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Voices
Funds raised from the sale of poppies help the members of the armed forces with financial difficulties
voicesLindsey German: The best way of protecting soldiers is to stop sending them into disastrous conflicts
Voices
Nigel Farage has backed DJ Mike Read's new Ukip song
voicesNigel Farage: Where is the Left’s outrage over the sexual abuse of girls in the North of England?
Property
One bedroom terraced house for sale, Richmond Avenue, Islington, London N1. On with Winkworths for £275,000.
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The Edge and his wife, Morleigh Steinberg, at the Academy Awards in 2014
peopleGuitarist faces protests over plan to build mansions in Malibu
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peopleFox presenter gives her less than favourable view of women in politics
Life and Style
The Zinger Double Down King, which is a bun-less burger released in Korea
food + drinkKFC unveils breadless meat beast
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In other news ... Jon Snow performed at last year's Newsroom's Got Talent charity event
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Vietnam & Cambodia
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Prices correct as of 17 October 2014
How could three tourists have been battered within an inch of their lives by a burglar in a plush London hotel?

A crime that reveals London's dark heart

How could three tourists have been battered within an inch of their lives by a burglar in a plush London hotel?
Meet 'Porridge' and 'Vampire': Chinese state TV is offering advice for citizens picking a Western moniker

Lost in translation: Western monikers

Chinese state TV is offering advice for citizens picking a Western moniker. Simon Usborne, who met a 'Porridge' and a 'Vampire' while in China, can see the problem
Handy hacks that make life easier: New book reveals how to rid your inbox of spam, protect your passwords and amplify your iPhone

Handy hacks that make life easier

New book reveals how to rid your email inbox of spam, protect your passwords and amplify your iPhone with a loo-roll
KidZania lets children try their hands at being a firefighter, doctor or factory worker for the day

KidZania: It's a small world

The new 'educational entertainment experience' in London's Shepherd's Bush will allow children to try out the jobs that are usually undertaken by adults, including firefighter, doctor or factory worker
Renée Zellweger's real crime has been to age in an industry that prizes women's youth over humanity

'Renée Zellweger's real crime was to age'

The actress's altered appearance raised eyebrows at Elle's Women in Hollywood awards on Monday
From Cinderella to The Jungle Book, Disney plans live-action remakes of animated classics

Disney plans live-action remakes of animated classics

From Cinderella to The Jungle Book, Patrick Grafton-Green wonders if they can ever recapture the old magic
Thousands of teenagers to visit battlefields of the First World War in new Government scheme

Pupils to visit First World War battlefields

A new Government scheme aims to bring the the horrors of the conflict to life over the next five years
The 10 best smartphone accessories

Make the most of your mobile: 10 best smartphone accessories

Try these add-ons for everything from secret charging to making sure you never lose your keys again
Mario Balotelli substituted at half-time against Real Madrid: Was this shirt swapping the real reason?

Liverpool v Real Madrid

Mario Balotelli substituted at half-time. Was shirt swapping the real reason?
West Indies tour of India: Hurricane set to sweep Windies into the shadows

Hurricane set to sweep Windies into the shadows

Decision to pull out of India tour leaves the WICB fighting for its existence with an off-field storm building
Indiana serial killer? Man arrested for murdering teenage prostitute confesses to six other murders - and police fear there could be many more

A new American serial killer?

Police fear man arrested for murder of teen prostitute could be responsible for killing spree dating back 20 years
Sweetie, the fake 10-year-old girl designed to catch online predators, claims her first scalp

Sting to trap paedophiles may not carry weight in UK courts

Computer image of ‘Sweetie’ represented entrapment, experts say
Fukushima nuclear crisis: Evacuees still stuck in cramped emergency housing three years on - and may never return home

Return to Fukushima – a land they will never call home again

Evacuees still stuck in cramped emergency housing three years on from nuclear disaster
Wildlife Photographer of the Year: Intimate image of resting lions claims top prize

Wildlife Photographer of the Year

Intimate image of resting lions claims top prize
Online petitions: Sign here to change the world

Want to change the world? Just sign here

The proliferation of online petitions allows us to register our protests at the touch of a button. But do they change anything?