Rolling coverage of the latest economic and financial newsIntroduction: US reopens its borders to UK visitors today20-month ban on arrivals is lifting, for fully-vaccinated passengersBA and Virgin Atlantic put aside rivalry for return of leisure flight…
Airlines hope for fistfuls of dollars as transatlantic flying returns
The reopening of US routes saw improved forecasts and rising shares, but there may still be turbulence to comeThe golden goose is airborne again. The reopening of the US border to leisure travellers from the UK and most of Europe – with the accompanyin…
Virgin Atlantic reports 600% surge in flight bookings to the US
Sales jump as US says it will allow fully vaccinated passengers from UK and some EU countries to enter from NovemberCoronavirus – latest updatesSee all our coronavirus coverageVirgin Atlantic has reported a 600% surge in flight bookings to the US and B…
Richard Branson’s Virgin Galactic space flight investigated by US regulators
Flight to edge of space veered off course during descentVirgin criticizes ‘misleading characterizations’ of incidentBritish entrepreneur Richard Branson’s flight on his own spaceship is under investigation from the United States Federal Aviation Admini…
Richard Branson’s Virgin Atlantic plans stock market listing
Move is airline’s attempt to shore up balance sheet after £659m loss due to Covid pandemicThe British airline Virgin Atlantic is considering raising funds on the London Stock Exchange in an attempt to shore up its balance sheet.The listing, which is ex…
UK travel-led firms get £2bn boost as Covid rules eased for US and EU arrivals
British Airways, easyJet and Rolls-Royce among the day’s biggest stock market winnersCoronavirus – latest updatesSee all our coronavirus coverageNearly £2bn was added to the value of UK airlines and tourism companies on Wednesday after ministers decide…