British Airways and its merger partner Iberia are understood to be poised to bid for the Portuguese flag carrier TAP, which the country’s government is being forced to sell.

An executive jet crashed in a heavily populated neighbourhood of Sao Paulo last night, killing at least eight people and turning homes into a pile of rubble just months after the city was the site of Brazil’s deadliest air disaster.

A Brazilian passenger plane with at least 150 people on board crashed and burst into flames after landing at Sao Paulo's airport last night, Brazil's airport authority said.