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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.

Ryanair is now slashing capacity over winter, grounding as many as 80 aircraft to cut costs

Low-cost airline Ryanair goes into a steep dive after shock profits warning

Firm is now slashing capacity over winter, grounding as many as 80 aircraft to cut costs

The Business Matrix: Saturday 3 August 2013

Ocado co-founder sells £3.3m shares

IAG boss Willie Walsh has said Heathrow expansion is now unlikely

IAG boss Willie Walsh: no Heathrow expansion now

BA boss says issue 'too politically sensitive'

IAG issues $927m bonds backed by new planes

British Airways has launched a $927m (£603m) publicly traded bond issue, using 14 of its new planes as collateral.

British Airways has ordered 18 new Airbus A350 aircraft

BA orders 18 new Airbus A350 aircraft

British Airways has ordered 18 new Airbus A350 aircraft as part of a move to phase out a fleet of 30 Boeing aircraft over the next 10 years.

International Airlines chief Willie Walsh slams Government over visas and Heathrow

Airlines chief Willie Walsh today renewed his assault on the Government’s tourism policy, warning Heathrow will be eclipsed by faster-growing hub airports and British travellers face tougher travel restrictions from countries frustrated by our visa regime.

Business week in review

In profit...

IAG scales down job cuts at Iberia after union clashes

International Airlines Group, the owner of British Airways and Iberia, yesterday looked to have won a major battle with unions and ended the threat of strikes at its Spanish airline with a deal that will still see it save €250m (£218m) a year.

Willie Walsh's bonus shot down as Iberia airline's performance nosedives

Spanish airline Iberia's dire performance cost International Airlines Group boss Willie Walsh his annual bonus today.

James Moore: The going is good so who will rock boat on pay?

Outlook AGM season is upon us, and that means another bust-up over pay at easyJet.

Travel Challenge: A Cuban adventure

Each week, we invite three companies to offer us their best deal for a specific break. Today: a two-week tour of Cuba. Prices are per person, based on two people travelling together. Each includes 14 nights' accommodation and flights from London to Havana at the end of February.

The true cost of business at any price

Never mind the planet, there are air miles to run up and cars to drive faster. Something for the junior brides to reminisce about one day, then...

Simon Calder's Holiday Helpdesk: Travel from Chile to the UK

Every day our travel guru answers your travel questions

Britain is still living in old world, says BA chief Walsh

Willie Walsh, chief executive of the owner of British Airways, has condemned the Government's economic recovery plans, warning: "I don't see an agenda for growth in this country."

Britain has no agenda for growth, says Walsh

Airlines boss wants ministers to end visa restrictions and boost trade with new markets
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Don't bet on it, says Tom Peck
Charles Kennedy: The baby of the House who grew into a Lib Dem giant

The baby of the House who grew into a Lib Dem giant

Charles Kennedy was consistently a man of the centre-left, dedicated to social justice, but was also a champion of liberty and an opponent of the nanny-state, says Baroness Williams
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Sahar Qanbar lost her mother and brother as civilians and government soldiers fought side by side after being surrounded by brutal Islamist fighters. Robert Fisk visited her
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The future of songwriting

How streaming is changing everything we know about making music
William Shemin and Henry Johnson: Jewish and black soldiers receive World War I Medal of Honor amid claims of discrimination

Recognition at long last

Jewish and black soldiers who fought in WWI finally receive medals after claims of discrimination
Beating obesity: The new pacemaker which helps over-eaters

Beating obesity

The new pacemaker which helps over-eaters
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Wiggins worried

Nervous Sir Bradley ready for pain as he prepares to attempt cycling's World Hour Record
Liverpool close in on Milner signing

Liverpool close in on Milner signing

Reds baulk at Christian Benteke £32.5m release clause
On your feet! Spending at least two hours a day standing reduces the risk of heart attacks, cancer and diabetes, according to new research

On your feet!

Spending half the day standing 'reduces risk of heart attacks and cancer'
With scores of surgeries closing, what hope is there for the David Cameron's promise of 5,000 more GPs and a 24/7 NHS?

The big NHS question

Why are there so few new GPs when so many want to study medicine?
Big knickers are back: Thongs ain't what they used to be

Thongs ain't what they used to be

Big knickers are back
Thurston Moore interview

Thurston Moore interview

On living in London, Sonic Youth and musical memoirs
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Floral print womenswear
From leading man to Elephant Man, Bradley Cooper is terrific

From leading man to Elephant Man

Bradley Cooper is terrific