The group said it would consider any and all options if a second wave of coronavirus triggered the same shutdown of global air travel as earlier this year.
Daily Mail Business Articles
Will shares take off under new Aviva boss Amanda Blanc?
In a move welcomed by investors, new chief executive Amanda Blanc (pictured) said the insurer would be focusing on its ‘core operations’ in the UK as well as in Ireland and Canada.
Amazon boss Jeff Bezos cashes in £2.4bn worth of shares
The e-commerce titan’s 56-year-old boss sold 1m shares in his company in a series of transactions as part of an arranged trading plan on Monday and Tuesday, newly released filings show.
RUTH SUNDERLAND: Shadow of the jobs axe
Maybe it will come as a huge relief to learn that the Bank of England is no longer forecasting the worst downturn in 300 years and only the biggest for a century but then again maybe not.
Glencore boss Ivan Glasenberg misses out on £180m payday
The decision to scrap the dividend will cost the 63-year-old tycoon (pictured) and the rest of the company’s so-called ‘billionaire boys’ club’ of current and former top dogs more than £400m.
Britain faces a tsunami of insolvencies amid £50bn cash-flow crisis
A string of big names – including Carluccio’s, Cafe Rouge and menswear retailer TM Lewin – have already collapsed into administration as the pandemic wreaks havoc on the High Street.
Is Britain’s staycation boom enough to save Covid-hit local economies?
Summer getaways abroad have been all but cancelled. The decision to pull Spain off the quarantine-free list prompted many Brits to set their sights on escapes closer to home.
ITV profits plummet 93% as pandemic triggers drop in advertising sales
The broadcaster, behind including hit Jane Austen adaptation Sanditon (pictured), said profits fell from £222m to £15m in the first six months of the year, even as its viewing figures rose during the lockdown.
Nintendo reports bumper $1 BILLION net profit in first quarter as coronavirus lockdowns drive demand
The Japan-based company raked in 106.5 billion yen for the three months to June, which was more than a six-fold increase from the same period last year, it said on Thursday.
BUSINESS LIVE: Britain facing record economic slump BoE warns
Andrew Bailey and the rest of the Bank’s Monetary Policy Committee think the UK’s economy now looks set to shrink by 9.5 per cent this year.