News And Announcements
IATA calls for rapid help to help Africa, Middle East airlines
Losses for African and Middle East airlines due to the coronavirus had risen to $23bn and governments needed to intervene rapidly, the International Air Transport Association said on Thursday.
British Airways to suspend 30,000 staff after deal with unions
British Airways said it had reached agreement with trade unions to suspend more than 30,000 staff until the end of May under the government's coronavirus furlough scheme.
UK cough and cold medicine prices rise 10.7%
The price of cough and cold medicine rose by 10. 7% last week as retailers take advantage of the rise in demand due to the coronavirus outbreak.
Richard Branson defers Virgin brand payments over coronavirus crisis
Richard Branson will defer tens of millions of pounds in fees owed in brand licensing by Virgin branded companies in response to the coronavirus crisis.
Air passenger traffic falls at steepest rate since 9/11 in February
Air passenger numbers tumbled in February at the steepest rate since the terrorist attacks on the World Trade Centre in 2001, industry data showed on Thursday.
UK house price growth ‘grinding to a halt’ after rising in March
UK house prices rose in March but the market is now "grinding to a halt" due to the coronavirus and government measures to slow its spread, according to a survey released by Nationwide on Thursday.