Joanna Plucinska

The political crises in France and Germany are hindering efforts to modernize Europe's struggling economy, making it harder for companies to make investment decisions and compete globally.

France and Germany's political crises are a setback for efforts to modernise Europe's struggling economy and are already making it harder for companies to take the investment decisions they need to compete globally.

Airlines around the world have seen their growth hampered by difficulties at planemakers Boeing and Airbus which have delayed jet deliveries

"We've been patient. We've given them time. I think our patience has run out. The situation is unacceptable," the head of the International Air Transport Association told reporters in Geneva

Airlines around the world have seen their growth hampered by delays in jet deliveries stemming from problems at Boeing and Airbus as well as their suppliers

Global airlines body IATA forecast industry-wide 2025 revenue of more than a trillion dollars and record passenger numbers, despite what its chief Willie Walsh said yesterday were “unacceptable” difficulties in securing new planes.

The safety debate about flying over the region is playing out in Europe largely because pilots there are protected by unions, unlike other parts of the world.