MyTravel Group PLC said it has appointed Tim Jeans as managing director of its low fares airline, which is scheduled to be launched later this year.

Airtours says it has had to cut 1,600 jobs after the US terror attacks, including 200 in the UK.

Low-cost airline Ryanair today announced it was selling a million seats at £9.99 in an effort to combat the effects of the terrorist attacks in the US.