Exclusive: Having shown in his other businesses that he can compete with the big spenders, Tony Fernandes explains how he aims to get the London club punching above their weight... more
Australia's flagship carrier Qantas has reached a 95 million Australian dollar ($100 million) settlement with engine maker Rolls-Royce over last year's mid-air disintegration of a superjumbo engine... more
Three airlines face having to replace as many as half their Rolls-Royce engines of the type that disintegrated on a giant Qantas Airbus, the Australian carrier reveals... more
Tests uncover oil leaks in three Rolls-Royce engines on Qantas’s grounded Airbus A380s, as engineers try to find the cause of an engine failure on board one of the carrier’s jets... more
Sir Richard Branson’s Virgin Atlantic confirms it has called in advisers to conduct a strategic review, which analysts predicted could see the tycoon surrender control of the business... more
Beleaguered British Airways boss Willie Walsh faced increasing pressure from the City as he told investors that it was impossible to forecast revenues for the rest of the year ... more
Hedging is a mug's game, the cynics say. Trying to hedge your bets on the direction of fuel prices, interest rates or currency movements can sometimes make the best brains look like fools ... more
In his ultra-secret VIP rooms, stars run wild - the naughtier they are, the happier he is. No wonder Patrice Gouty is the lord of misrule at Raffles... more
Afternoon:
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