British Airways Chairman and CEO Alex Cruz will step down as the airline’s chief executive, parent firm IAG announced on Monday, with Aer Lingus Chairman and CEO Sean Doyle set to take the reins after a transition period. “We’re navigating the worst crisis faced in our industry and I’m confident these internal promotions will ensure IAG is […] Read more
Shares of the European travel sector sank Monday morning as investors grew anxious over a rise in coronavirus cases in the region. The sixteen top travel and leisure stocks in Europe fell more than 3% in the first hour of trading, with Tui, easyJet and International Airlines Group — the owner of Iberia and British Airways — all down […] Read more
