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* European futures in positive territory* Crude oil prices jump* Big Q1 earnings day* Spie, AMS, Teleperformance jump Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters. You can share yo...
Read more* European futures in positive territory* Crude oil prices jump* Big Q1 earnings day* Spie, AMS, Teleperformance jump Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters. You can share yo...
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(Sharecast News) - Airbus said the aerospace industry faced the 'gravest crisis' in its history as the airplane maker reported first-quarter figures hit by the early effects of the Covid-19 emergency.
Read moreLONDON, April 29 (Reuters) - Shares in airline group IAG fell 3% after the airline group launched a plan to shrink its main British Airways business, axing staff numbers by a quarter as it warned of a slow recovery from the coronavirus pandemic.W...
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LONDON MARKET OPEN: StanChart, Barclays Top FTSE As Rally Continues
Read more* European futures in positive territory* Crude oil prices jump* Big Q1 earnings day Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters. You can share your thoughts with Thyagaraju Adina...
Read moreUPDATE: BALPA "Fighting" To Save BA Jobs As IAG Warns Of 12,000 Losses
Read more* BA to consult unions on up to 12,000 jobs* Airline books 1.3 billion euro charge for overhedging* IAG swings to Q1 operating loss* Airline industry worst hit by pandemic (Adds union reaction, details from CEO letter)LONDON, April 28 (Reuters) - Br...
Read more* BA to consult unions on up to 12,000 jobs* Airline books 1.3 billion euro charge for overhedging* IAG swings to Q1 operating loss* Airline industry worst hit by pandemic (Adding details)LONDON, April 28 (Reuters) - British Airways plans to cut as ...
Read more* BA to consult unions on up to 12,000 jobs* Airline books 1.3 billion euro charge for overhedging* IAG swings to Q1 operating loss* Airline industry worst hit by pandemic (Adds European rivals' rescue plans, additional union reaction)By Paul Sandle...
Read more(Sharecast News) - International Airlines Group announced thousands of redundancies in anticipation that the recovery in international air traffic might take several years.
Read moreTOP NEWS: IAG Warns Of 12,000 Job Losses At BA As Virus Batters Demand
Read moreLONDON, April 28 (Reuters) - British Airways-owner IAG reported on Tuesday a big loss in the first quarter and warned it may cut up to 12,000 jobs in sweeping restructuring measures aimed at weathering the crisis inflicted on the airline industry...
Read more(Sharecast News) - Analysts at Deutsche Bank touted shares of International Airlines Group as a short-term buy idea after their valuation fell below their long-term average and in anticipation of a recovery in earnings coming out of the Covid-19 induced recession.
Read more* Could seek protection under insolvency procedure* Level of state influence a divisive issue* AUA applies for state aid of 767 mln eur* Overnight report of a deal was premature (Adds Austrian Airlines' application for state aid)BERLIN/VIENNA, April...
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