A German court is to hear arguments from both sides on Tuesday regarding a planned road and rail tunnel to be built between Germany and Denmark under the Baltic Sea, dpa reported.

Chancellor Angela Merkel will discuss the future of Germany's key automotive sector with industry representatives on Tuesday, at a time of crisis caused by the coronavirus pandemic. The video conference is scheduled to take place from 7-9 pm (1700-1900 GMT), dpa reported.

Ryanair has raised €400 million in a share sale announced after stock markets closed on Thursday. The company said the same was designed to strengthen its balance sheet amid the Covid-19 crisis, and take advantage of “significant growth opportunities” as rivals run into trouble.

United Airlines on Wednesday said it is planning to cut more than 16,000 jobs as early as next month, after federal coronavirus aid that protects aviation jobs runs out.

German airline Lufthansa was deep in the red in the second quarter, posting a net loss of €1.5 bn, the carrier disclosed on Thursday. The operative loss was much higher at €1.7bn, as the effects of the coronavirus pandemic took hold, dpa reported.

German prosecutors made last Wednesday searches in offices of several auto companies as part of an international fraud investigation into potentially illegal emissions software found in engines used in Fiat, Alfa Romeo, Jeep and Iveco vehicles, news wires reported.

British low cost airline easyJet has said that 727 of its UK-based pilots are at risk of redundancy, equivalent to about one-third of its pilots in the country, union BALPA said in a statement.

Norwegian Air Shuttle, whose financial difficulties have been exacerbated by the coronavirus shutdowns, announced it had canceled an order for 92 Boeing 737 MAX aircraft and 5 Dreamliners, AFP reports.

Starting on Tuesday, a new train service will connect Berlin and Dresden with Prague, Vienna and Graz, restoring the historic Vindobona service. The new connection is a cooperation between Deutsche Bahn (DB), Austrian Federal Railways (ÖBB) and Czech Railways (CD), news wires reported.

German airline Lufthansa said on Thursday that it would have to cut 22,000 full-time jobs as it forecasts a muted recovery in demand for travel following the coronavirus pandemic, news wires reported. The group will operate about 100 less aircraft after the crisis, leading to "a total of 22,000 fewer full-time positions in the Lufthansa Group, half of them in Germany". The posts make up 16% of the Lufthansa Group's total workforce of 135,000.