Siddharth Philip

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  • British Airways has announced plans to make 12,000 workers redundant. The airline’s owner International Airline Group (IAG) announced the cuts as it revealed revenue plunged 13% in the first quarter of 2020.

    British Airways parent warns of drop in passengers for ‘several years’ as it switches from furloughs to layoffs

    By Siddharth Philip and Bloomberg
  • At Brussels Dream Cars Show 2020 the brand Aston Martin exhibits its model Aston Martin DBS on January 09, 2020, in Brussels, Belgium. (Photo by Daniel Pier/NurPhoto via Getty Images)International

    Aston Martin gets a $656 million lifeline led by Formula One billionaire as it runs low on cash

    By Siddharth Philip, Tommaso Ebhardt, and others
  • Workers in protective gear are seen on the apron near the first charter flight from the Chinese city of Wuhan, which was arranged by Japan's government to evacuate its citizens, after landing at Haneda airport in Tokyo on January 29, 2020. - The first Japanese nationals evacuated from Wuhan, the Chinese city at the centre of a deadly virus outbreak, arrived in Tokyo on January 29 aboard a charter plane. (Photo by Kazuhiro NOGI / AFP) (Photo by KAZUHIRO NOGI/AFP via Getty Images)International

    Getting into China gets more difficult as airlines cancel flights to fight virus spread

    By Will Davies, Kyunghee Park, and others
  • MADRID, SPAIN - NOVEMBER 27: Maintenance work on an Airbus aircraft at the Airbus plant in Getafe on November 27, 2019 in Madrid, Spain. (Photo by Jesús Hellín/Europa Press via Getty Images) (Photo by Europa Press News/Europa Press via Getty Images)International

    Airbus reaches deal on bribery charges in the U.S., France and the U.K.

    By Siddharth Philip, Gaspard Sebag, and others
  • BRUSSELS, BELGIUM - JANUARY 08: Aston Martin DBX mid-sized, front-engine, all-wheel drive luxury crossover SUV on display at Brussels Expo on JANUARY 08, 2020 in Brussels, Belgium. The DBX is the first SUV car produced by Aston Martin in collaboration with Mercedes-Benz. (Photo by Sjoerd van der Wal/Getty Images)International

    Aston Martin enters last-ditch funding talks with China’s Geely and Formula One owner as it runs low on cash

    By Siddharth Philip, Tommaso Ebhardt, and others
  • FILE: Antonio Vazquez, chairman of International Consolidated Airlines Group SA (IAG), center left, and Willie Walsh, chief executive officer of International Consolidated Airlines Group SA, center right, pose alongside airline staff at the London Stock Exchange, in London. U.K., on Monday, Jan. 24, 2011. IAG SA Chief Executive Officer Walsh is to retire after 15 years in charge of the airline group and predecessor British Airways, to be replaced by Luis Gallego, currently head of the groups Spanish Iberia arm. Walsh, 58, will stand down from the CEO role and the IAG board on March 26 and formally retire at the end of June, IAG said in a statement Thursday. Photographer: Jason Alden/Bloomberg via Getty ImagesInternational

    British Airways Empire-Builder Willie Walsh Is Stepping Down as IAG CEO

    By Siddharth Philip and Bloomberg
  • LONDON, ENGLAND - OCTOBER 23: A 1967 Jaguar Mark 2 3.8 Saloon Bonnet Mascot on display during the RM Sotherb's London, European car collectors event at Olympia London on October 23, 2019 in London, England. RM Sotheby's London, billed as the annual highlight for European car collectors will show Edwardians to modern supercars and offers collectors and attendees the opportunity to experience the very best of European cars. Sotheby’s will also present The Ultimate Whisky Collection, the most valuable collection of whisky ever to be sold at auction, both events will culminate in live auctions on 24th October. (Photo by John Keeble/Getty Images)International

    To Polish an Iconic British Brand, Jaguar’s Owner Looks For Help in Germany and China

    By Siddharth Philip, P R Sanjai, and others
  • British Airways planes at Terminal Five at Heathrow Airport, London, on day one of the first-ever strike by British Airways pilots. The 48 hour walk out, in a long-running dispute over pay, will cripple flights from Monday, causing travel disruption for tens of thousands of passengers. (Photo by PA/PA Images via Getty Images)

    ‘We Had No Option.’ British Airways Cancels Almost 100% of Flights in Face of First-Ever Pilots Strike

    By Siddharth Philip and Bloomberg