Ryanair boss Michael O'Leary has said that his planes will not fly if the airline is forced to comply with social distancing rules by leaving the middle seat empty.

He added that, alternatively, the Irish government would have to pay for the middle seats if restrictions were introduced, as Ryanair "can't make money on 66% load factors."

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

• EU leaders are meeting today (via video) to discuss economic impacts of coronavirus
• Vulnerable SMEs may need up €5.7 billion in emergency liquidity to get through crisis
• Penneys owner says sales grind to halt
• Land development Agency plans 1,200 homes on site of Central Mental Hospital in Dundrum

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