The group has been charged with the development of an action plan for the recovery of the cruise and airline industries in light of the fall-out caused by the Covid-19 pandemic.

Passenger numbers at Heathrow fell by 88 per cent in November, as travel restrictions and a second lockdown took their toll. Just 747,000 travellers passed through the airport.

IATA’s latest economic forecast reveals that in 2021 Europe is expected to be the worst-hit global region in terms of airline losses (-$11.9 billion) and EBIT margin (-9.5%).

63% of all adults surveyed agree that in 2021 they will take the trip they had originally planned to take in 2020.

The announcement of mergers and acquisition (M&A), debt offerings, equity offerings, partnership and venture financing deals decreased during November compared to the previous month, while the number of private equity deals increased.

A painting worth more than €280k (£250k) which was accidentally left at a German airport has been reunited with its owner after being found at the bottom of a nearby recycling bin.

A three-year-old boy and seven-year-old girl have died following a fire at a house in Eynesbury, Cambridgeshire Police have said.

Throughout the winter, the airline will run a multi-million-dollar global campaign to promote the emirate, including advertising spots and key partnerships to provide travellers with extra value.