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Ryanair reports sky high profits

Despite rocketing fuel costs and the eurozone recession, Ryanair has pulled record profits of more than €0.5bn out of the bag.

UK entrepreneurs must get ready for space race, says IoD

Quote of the day: 'We are just on the verge of space [tourism] moving from what people might think of as 'Star Trek' fantasy to the start of something more realistic.' The Institute of Directors is calling on UK entrepreneurs to invest in space travel now, rather than risk being left behind. The going...

Mayday at IAG as losses mount

Rising fuel costs and Spain's economic crisis have caused profits at British Airways owner IAG to nosedive in the first quarter.

EasyJet narrows losses in the first half

Despite higher fuel costs, the no frills carrier has managed to reduce losses in the first six months of 2012 to £112m, down from £153m year-on-year.

Larry Page and James Cameron to mine asteroids in space?

Rumours abound that Google billionaires Page and Schmidt, alongside film director James Cameron are to boldly go where no man has gone before...

Chocks away! IAG get EC OK for BMI

The much-anticipated takeover of BMI by mega-airline IAG has been cleared for takeoff by the EC.

Britons pay 'weigh' over the odds for excess baggage

Stat of the day: £186m. The amount that British air passengers were charged for excess baggage last year. So, before you jet off on your summer holidays, think twice about packing that extra hairdryer/pair of shoes/gold bullion.

The Entrepreneur's Budget: Charlie Hunt, Duvet and Pillow Warehouse

One more before D-Day. Or should that be B-Day. Here's a Dream Budget from entrepreneur Charlie Hunt, founder of Duvet and Pillow Warehouse. And yes, he is culture secretary Jeremy Hunt's brother...

Profits are up, up and away at IAG

IAG, which owns British Airways and Iberia, earned €503m pre-tax last year. That's over five times its 2010 profits.

Quote of the day

'Took a photo of the moon above Necker Island to help decide where to put the Virgin Galactic hotel!' Richard Branson takes to Facebook to gush over plans for lunar domination. MT's favourite comment: 'So, just out of interest, how much for a double deluxe room with an Earth view for, say, two nights...

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