Aer Lingus

Ryanair to Lay Off nearly 700 Employees while the Company's Boss Could Get $ 111 Million Bonus

Michael O'Leary, Chief Executive Officer of of low-cost Ryanair Airlines, announced plans to cut 500-700 jobs after shareholders approved a bonus scheme that could bring him about 100 million euro ($ 111 million) for the next five years, Reuters reported.

BA flights returning to normal after damaging IT collapse

British Airways was operating most of its flights from London's two largest airports on May 29 after a computer system failure stranded thousands of passengers over a holiday weekend and turned into a public relations disaster.

The airline planned to run more than 95 percent of flights from London Heathrow and Gatwick on Monday, Chief Executive Alex Cruz told Sky News.

Malaysia Airlines 'technically bankrupt,' says new CEO

Malaysia Airlines is ?technically bankrupt,? its new German CEO said Monday as he outlined plans to stabilize the failing flag carrier including 6,000 job cuts.

?We are technically bankrupt and that decline of performance started long before the tragic events of 2014,? Christoph Mueller told reporters, referring to two deadly disasters that rocked the airline last year.

Ryanair in Cyprus Airways talks

Ryanair Chief Executive Michael O’Leary was due to travel to Cyprus on Thursday for talks with the government about the possible takeover of loss-making carrier Cyprus Airways, he told journalists.

Ryanair was among nearly 20 companies which last month submitted nonbinding expressions of interest in the airline, now controlled by the Cypriot government.