Airport traffic could fall by 70% under social distancing guidelines, according to DAA chief executive Dalton Philips.

In a video message to staff, he said that traffic at Dublin and Cork airports would fall to nine million this year and between 20 and 24 million next year compared to 36 million last year, and that passengers could potentially face huge queues into car parks.

Ian Guider, markets editor of the Business Post, joined us for our daily business update with this story and more, including:

• Bank of Ireland sets aside hundreds of millions of euro for bad loans, says new lending may fall by half this year
• The government is to step in with loans to help builders out and get construction running again
• Elon Musk says he will move Tesla's factory from California as they won't allow him to restart production

Listen to the interview in full by pressing the play button on this page.