Chief exec Steve Rowe (pictured) will still take his full £810,000 salary plus bonuses this year despite asking long-suffering savers and the taxpayer to prop up the ailing business.

On another bleak day for the sector, Airbus chief executive Guillaume Faury predicted it could take 'three to five years' for passengers to be as willing to fly as before the crisis.

As the economic toll of lockdown starts to rear its ugly head, employment, new orders and output in the sector fell at the fastest pace for 28 years last month.

Sunweb is said to have initially offered customers a full refund by March 31 after Tomorrowland Winter at the French resort Alpe d'Huez, was called off because of the coronavirus.

The IHS Markit Manufacturing Purchasing Managers' Index gave a reading of 33.4 in April - significantly below the 50 mark which indicates activity was flat.

In an indictment of the failure of the Government's original aid schemes to help many businesses, lenders received tens of thousands of applications for the new 'Bounce Back' loans within hours.

The former FTSE 100 hospitals provider crashed into administration after a series of extraordinary revelations, including that it was harbouring billions of pounds in secret debt.

The online grocer awarded a £58m pay packet to chief executive Tim Steiner last year, and will give him a bonus of up to £100m over five years if its share price continues to rise.

FTSE 100 closed up 1.4 per cent or 82.22 points at 5,935.98 and the pound was at $1.23 against the dollar.

What does the terrible economic data tell us about what shape the recovery will have? And is it too late for too many companies?

Bank of England governor Andrew Bailey (pictured) has put pressure on banks to ramp up lending as the central bank predicted the economy would shrink by 30 per cent in the first half of the year.

Under chief exec Charles Woodburn, 49, BAE Systems is fighting a very different war against the deadly coronavirus and is turning its formidable engineering expertise to helping the NHS.

Alexis Sanchez agreed to a new Arsenal contract before staging a last minute U-turn, according to the club's former transfer negotiator Dick Law.

Antonio Conte is pushing his Inter Milan bosses to pursue a deal for Manchester United flop Alexis Sanchez. However the Chilean's huge wages will likely be a huge problem.

Sanchez, like the Van Persie, swapped north London for Manchester, but has failed to follow in the Dutchman's footsteps since joining last January.

EXCLUSIVE BY SAMI MOKBEL: Sportsmail understands the San Siro club are planning on offering Sanchez a contract worth no more than £150,000-per-week if they make deal permanent

ADAM SHERGOLD: The transfer window in Europe's leading leagues closes on Monday and we could well see some of the continent's elite clubs involved in a scramble for some big stars.

MARTIN KEOWN discusses Alexis Sanchez, David Luiz, prospects for Sunday's north London derby and the latest England squad in his latest Q&A with the fans.

Sanchez, 30, has endured a torrid spell in Manchester since joining the United from Arsenal 18 months ago, netting three times in 32 appearances for the club.

Alexis Sanchez has broken his silence over his sorry spell at Manchester United. The Chilean, United's highest paid player on £560,000, only managed to scored five times in 45 games.

In what might be described as a parting shot, Alexis Sanchez suggested he would have been a success at Manchester United if only he'd played the full 90 minutes.

JOE BERNSTEIN: With Ole Gunnar Solskjaer already pulling out the hairdryer and top stars set to move on, Sportsmail assesses how the cracks are appearing at Old Trafford.

MARTIN SAMUEL - CHIEF SPORTS WRITER: How kind of Inter Milan's ultras to clarify for Lukaku, or any other black person who might be confused by all strange noises, what exactly constitutes racism.

Manchester United's stars have expressed their delight at the departure of Alexis Sanchez on a season-long loan to Inter Milan, according to The Sun.

Inter Milan boss Antonio Conte has claimed summer signing Alexis Sanchez is not yet ready to start for the club following his move from Manchester United. 

Romelu Lukaku scored after just 22 seconds and added another goal to help Inter Milan to a 4-1 victory over Cagliari at San Siro on Tuesday and a place in the Italian Cup quarter-final.

Manchester United boss Ole Gunnar Solskjaer has become increasingly desperate to sign a forward after the news that Marcus Rashford faces months out with a double stress fracture.

OLIVER HOLT - CHIEF SPORTS WRITER: They sold Solskjaer's best goalscorer to Inter. They loaned his best defender to Roma. His best midfielder rarely plays. It's time for Ed Woodward to explain.

Ole Gunnar Solskjaer believes there is still a chance Alexis Sanchez can resurrect his Manchester United career when he returns to the club in the summer.

PETER CROUCH: The deal looks brilliant at first glance, doesn't it? Bruno Fernandes, a top-class Portugal international who was wanted by many top European clubs, has joined Manchester United.

TOM COLLOMOSSE: Inter are strong favourites given AC Milan's current chaotic state, yet this is the sort of match that defines a season - perhaps even an era.

Zlatan Ibrahimovic was at a loss to understand AC Milan's second half collapse at the San Siro after they let a two-goal lead slip to lose the Milan derby 4-2 to title-chasing arch rivals Inter

Inter fan favourite Ivan Zamorano has hailed the impact of manager Antonio Conte and believes that much-maligned forward Alexis Sanchez could prove pivotal in their quest to win Serie A this season.

The French star only arrived at the Nou Camp last summer has not yet made the impact that was hoped of him, and now Barca are willing to cash in as part of a wider revamp of the squad.

Sanchez is currently on loan at Inter Milan from Manchester United but has struggled to make much of an impact in Italy amid recurring injury issues. He has played just 15 matches this season.

According to ESPN , while Sanchez is also keen to cut short his United nightmare, he does not want to take a wage cut and is willing to see out the remainder of his deal without playing a game.

The Chilean is currently on loan at Inter Milan but has failed to make an impression and United are keen to offload Sanchez. Ince wouldn't be surprised if Sanchez turned things around at Old Trafford.

The 31-year-old may be forced to train separately from United's first-team squad at Carrington when the current season reaches a conclusion, after failing to impress during his Serie A loan spell.

TOM UTLEY: You can tell a lot about the way modern families tend to neglect their elderly by the number of car parking spaces available on our road in south London.

TOM UTLEY: To those who argue that there are no fundamental differences between men and women, I say consider the matter of packing for a holiday.

TOM UTLEY: Enough to say I will not be applying for a retirement job in the police as one of its specialist group of officers who never forget a face. Pictured: Super-recogniser PCSO Andy Pope.

TOM UTLEY: I know many readers will condemn me as a suicidal, homicidal maniac when I admit that, on Tuesday, I took Mrs U out for an idyllic pub lunch - perhaps our last for a very long time.

TOM UTLEY: On the day this week when Boris Johnson and Carrie Symonds were celebrating their happy event, my wife and I received joyful news about our own baby boy.

Former world champion Joseph Parker will face Shawndell Winters in Texas on February 29 - his first fight since pulling out of a contest with Dereck Chisora after being bitten by a spider. 

Promoter Eddie Hearn has revealed Saudi Arabia would be willing to offer a staggering £150million to have the potential bout staged in the Middle East, should Fury beat Deontay Wilder on February 22.

Having video-called Joshua to ask how he was doing, the reigning WBA, IBF, WBO, and IBO heavyweight champion responded in kind before getting down to business.

Deontay Wilder has urged Andy Ruiz Jr to stop investing in his lavish lifestyle that has come about from his two fights with Anthony Joshua and return to the gym.

As the referee signalled it was all over, the internet took a matter of seconds in reacting to a heavyweight clash for the ages. All eyes turned to Anthony Joshua, who now stands in Fury's shadow.

In the aftermath of his impressive display, the Gypsy King claimed that a trilogy with Wilder can happen with the Raiders Stadium in Las Vegas already being touted as a possible venue.

Anthony Joshua's next potential opponent Kubrat Pulev has been deported from the United States to Bulgaria due to a visa issue according to The Athletic. Pulev was boarding a flight.