By rte.ie Ryanair has called on Transport Minister Eamon Ryan to immediately follow the UK government's decision to allow both vaccinated citizens and their children to travel freely from 19 July without quarantine restrictions. Britain plans to scrap quarantine for fully-vaccinated arrivals f...

Budget carrier Ryanair flew 7m passengers last month, nearly half the number it carried in August last year, as demand for air travel continued to grow despite the UK’s quarantine regime. Operating 60 per cent of its normal schedule for the month, the airline said the number of passengers was 5...

The collapse in demand for air travel due to the Corona pandemic led to an 80 percent drop in revenue for the Lufthansa Group in the second quarter to 1.9 billion euros (previous year: 9.6 billion euros). Most of the revenue (1.5 billion euros) was generated by Lufthansa Cargo and Lufthansa Technik....

The COVID-19 pandemic has seriously affected global economic activity, including trade, tourism and employment levels. Indeed, the grounding of flights and drastic reduction in air links has wider detrimental effects on society and the economy. Aviation supports 65.5 million jobs around the world, ...

A new venture called Skytra has been launched by Airbus to develop highly regulated financial instruments and infrastructure to support the air travel industry’s risk management of its revenues. Skytra has developed a family of global and regional indices which track the daily changes in the p...