News

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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The children were playing in the street with toy guns
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Boozy, ignorant, intolerant, but very polite
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Naff Seventies corner-shop staple is this year's Aperol Spritz
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A new Russian revolution

Cracks start to appear in Putin’s Kremlin power bloc
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Apartheid’s sadistic killer that his country cannot forgive

The debate rages in South Africa over whether Eugene de Kock should ever be released from jail
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Standing my ground

If sitting is bad for your health, what happens when you stay on your feet for a whole month?
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Greene prays for chance to rebuild after injury agony

Welsh hurdler was World, European and Commonwealth champion, but then the injuries crept in
Israel-Gaza conflict: Secret report helps Israelis to hide facts

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The slickness of Israel's spokesmen is rooted in directions set down by pollster Frank Luntz
The man who dared to go on holiday

The man who dared to go on holiday

New York's mayor has taken a vacation - in a nation that has still to enforce paid leave, it caused quite a stir, reports Rupert Cornwell
Best comedians: How the professionals go about their funny business, from Sarah Millican to Marcus Brigstocke

Best comedians: How the professionals go about their funny business

For all those wanting to know how stand-ups keep standing, here are some of the best moments
The Guest List 2014: Forget the Man Booker longlist, Literary Editor Katy Guest offers her alternative picks

The Guest List 2014

Forget the Man Booker longlist, Literary Editor Katy Guest offers her alternative picks
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Jokes on Hollywood

With comedy film audiences shrinking, it’s time to move on