Coronavirus: Ryanair to ground ‘most if not all’ flights next week March 18, 2020 Ryanair has said that it will ground the vast majority of its flights from next Tuesday, only maintaining essential services between the UK and Ireland, in light of widespread coronavirus travel bans. In a statement, the budget carrier said that “most if not all Ryanair Group flights will be grounded” as passenger demand collapses due [...]
European Commission proposes 30-day travel ban on people entering EU March 16, 2020 European Commission chief Ursula von der Leyen has proposed a 30-day ban on incoming foreign travel to the European Union as leaders battle to limit the spread of the coronavirous outbreak. Von der Leyen said: “The less travel, the more we can contain the virus. Therefore, I propose to the heads of state and government [...]
Ryanair to ground the majority of its fleet amid European travel bans March 16, 2020 Ryanair will ground the majority of its fleet in the next week as travel bans across Europe take effect. The low-cost airline said that even in countries where the fleet had not been grounded, social distancing restrictions would make flying impractical, if not, impossible. For April and May, Ryanair expects to reduce its seat capacity [...]
Coronavirus: Foreign Office advises against travel to the US March 15, 2020 The Foreign Office has advised against “all but essential travel” to the US, after Donald Trump extended the country’s travel ban to include the UK and Ireland. Travel from the UK to the US will be banned from 4am on Tuesday amidst increasing numbers of confirmed coronavirus cases. Responding to the ban, the Foreign and [...]
Coronavirus: Spanish cases jump by 1,500 as Ryanair joins Jet2 in cancelling flights to Spain March 14, 2020 Spain has had a 1,500 rise in confirmed coronavirus cases today, the country’s public health officials have said. It brings the total to 5,753, almost of half of which are in Madrid. Meanwhile, the death toll has risen to 136. Spain has more cases of coronavirus than any other country in Europe except for Italy, [...]
FTSE 100 crashes 10.9 per cent in worst one-day fall since 1987 March 12, 2020 The FTSE 100 suffered its second biggest one day fall in the history of the index, and the worst day since 1987, as it closed down 10.87 per cent. London’s blue-chip index plunged 639 points to close at 5,237 points, as global stocks suffered yet another meltdown after Donald Trump imposed a travel ban on [...]
Oil giants slump as Trump EU travel ban makes COVID-19 and price war effect worse March 12, 2020 Oil company shares have sunk today after the Brent crude price sunk below $34 a barrel, as the market absorbs news of President Trump’s travel ban. Shares in BP have fallen 11.18 per cent to 280p and those of Shell are also down 11.15 per cent at 1,165p. Tullow oil and TransGlobe Energy released results [...]
Coronavirus: US travel ban decimates airline stocks March 12, 2020 President Donald Trump’s travel ban on European citizens entering the US due to coronavirus fears sent airline stocks to new lows today after weeks of pressure on the sector. Recent FTSE 100 dropout Tui led the falls, posting a 10.4 per cent decline by the mid-morning, while British Airways owner IAG was not far behind, [...]
Horse Racing Betting Tips: A Plus Tard all set for take off in Ryanair March 11, 2020 ONLY the eight runners are set to line-up in the Ryanair Chase (2.50pm), which is one of the feature races on the penultimate day of the meeting. Last year’s winner Frodon is back to de- fend his crown with Bryony Frost in the saddle and the rain that fell earlier in the week will certainly [...]
Balfour Beatty confirms delay to £200m share buyback due to coronavirus March 11, 2020 Shares in construction giant Balfour Beatty jumped today, despite confirmation it has scrapped a £200m share buyback. The confirmation comes after Sky News first reported the plan yesterday. Balfour Beatty posted a net profit, although it slipped from £135m in 2018 to £133m in 2019, a drop of 1.4 per cent. This was on the [...]