british airways Archives

British Airways Boss Alex Cruz to Step Down amid Management Shakeup

British Airways announced a major leadership shakeup as an effort for the airline carrier to stay productive beyond the COVID-19 pandemic.

Ryanair Moves to Sell Eurobond to Scale Negative Effect of COVID-19 Pandemic

Business News, Market News, News, Stocks, Story of the Day

By Tolu Ajiboye Sep 7, 2020

Shortly after getting 400 million euros from selling the new stock the previous week, Ryanair now plans to raise $592 million in a five-year eurobond sale.

British Airways Owner IAG Inks $955 Million Deal with American Express

Business News, Deals News, Market News, News, Stocks

By Godfrey Benjamin Jul 24, 2020

With new cash injection in a deal with American Express, British Airways owner IAG hopes to stay afloat after a serious hit due to the coronavirus lockdown.

Business News, Indices, Market News, News, Stocks

Coronavirus: European Markets Slide 8% as Governments Impose Safety Restrictions

By Tolu Ajiboye Mar 16, 2020

The coronavirus pandemic isn’t at all taking it easy on European markets as well as travel stocks. Both are seriously bleeding. People are panicking and waiting for signs of improvement.

Business News, Market News, News, Stocks, Wall Street

Trump’s Travel Ban Imposed Because of Coronavirus Crashes Most European Airlines Stocks

By Steve Muchoki Mar 12, 2020

After the emergency travel ban that was imposed by President Donald Trump on most European countries, the airlines stocks have plunged nearly 10%-15%.

Business News, Market News, News

Coronavirus Could Lead to Global Recession If Not Contained as Death Toll Rises to 132

By Tolu Ajiboye Jan 29, 2020

There are now calls for more effort in controlling the spread of the coronavirus. According to some experts, the virus could become a reason for a heavy global recession.