Less Ads, More Data, More Tools Register for FREE

Pin to quick picksInternational Airlines Share News (IAG)

Share Price Information for International Airlines (IAG)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 167.75
Bid: 167.75
Ask: 167.85
Change: 2.75 (1.67%)
Spread: 0.10 (0.06%)
Open: 166.65
High: 168.20
Low: 166.15
Prev. Close: 165.00
IAG Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

BA resumes plans for short-haul, low-cost Gatwick service

Thu, 07th Oct 2021 15:08

LONDON, Oct 7 (Reuters) - British Airways said it would push
ahead with plans for a short-haul service at London's no.2
airport Gatwick after pilots backed the move for a new low-cost
unit that could better compete with rivals like easyJet.

The decision marks a change of direction after the airline,
owned by IAG, said two weeks ago it would scrap its
plans for a new service, blaming pilots for rejecting the
proposal. Shares in easyJet were down 2.5%.

However BA will still have to consult with other unions and
stakeholders before deciding whether to definitely go ahead.

"We will now further develop our proposal to provide a
full-service short-haul subsidiary operation at Gatwick,
offering competitive fares to our customers," it said in a
statement.

"We will continue discussions with our colleagues, trade
unions, suppliers and other stakeholders, following this
positive result, and if we can agree a way forward with all
parties, we would hope to begin operations next summer."?

BA is rebuilding its operations after it retrenched during
the pandemic, shifting most of its flying to its main hub at
Britain's biggest airport Heathrow.

It had said it would only rebuild its European network from
Gatwick, where easyJet is the biggest airline, if it could make
it profitable.

The British Airline Pilots' Association (BALPA) said it had
now concluded an agreement with BA over pay and working
conditions.

Acting General Secretary at BALPA, Martin Chalk, said the
agreement was now BA's preferred option for Gatwick.

"We understand BA is continuing its discussions with other
stakeholders with a view to relaunching operations next
summer. We expect BA to reach a final decision shortly."
(Reporting by Kate Holton, Editing by Paul Sandle)

More News
9 Aug 2023 05:01

Rising prices for travel do not appear to be curbing wanderlust

LONDON/CHICAGO/NEW YORK, Aug 9 (Reuters) - The post-pandemic travel boom and the high ticket prices that come with it show no signs of slowing well into next year, despite economic uncertainty and dwindling household savings.

Read more
7 Aug 2023 13:09

Carriers face longer Africa flights, suspensions as Niger closes airspace

LONDON/GDANSK, Aug 7 (Reuters) - European carriers on Monday reported disruptions and suspended flights across the African continent after Niger's junta closed its airspace on Sunday.

Read more
5 Aug 2023 11:12

PRESS: IAG agree 13% pay rise for 24,000 staff - Financial Times

(Alliance News) - The Financial Times on Friday reported that International Consolidated Airlines Group SA has agreed a 13% pay rise for 24,000 staff.

Read more
3 Aug 2023 12:00

Sluggish return of business travelers forces US airlines to rejig their networks

CHICAGO, Aug 3 (Reuters) - U.S. airlines are enjoying strong leisure travel demand, but corporate travelers are still not back in full force, compelling airlines to restructure their networks to account for fewer people flying for business purposes.

Read more
3 Aug 2023 11:43

Holiday travel boom here to stay, says Lufthansa

BERLIN, Aug 3 (Reuters) - The boom in holiday travel shows no signs of ending, German airline group Lufthansa said on Thursday, as advance bookings for this winter and next year were already a double-digit percentage above the year-earlier level.

Read more
3 Aug 2023 10:25

Lufthansa bolstered by leisure travel demand, but costs bite

Lufthansa sees 2023 adj EBIT at more than 2.6 bln euros

*

Read more
3 Aug 2023 09:31

LONDON BROKER RATINGS: Berenberg raises Hochschild Mining to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

Read more
3 Aug 2023 06:01

Sluggish return of business travelers forces US airlines to rejig their networks

CHICAGO, Aug 3 (Reuters) - U.S. airlines are enjoying strong leisure travel demand, but corporate travelers are still not back in full force, compelling airlines to restructure their networks to account for fewer people flying for business purposes.

Read more
1 Aug 2023 09:24

LONDON BROKER RATINGS: JPMorgan cuts L&G, St James's price target

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

Read more
31 Jul 2023 17:27

UK's FTSE 100 ends marginally higher, notches monthly gains

Beverages down on Heineken's outlook

*

Read more
31 Jul 2023 16:56

LONDON MARKET CLOSE: FTSE 100 inches higher as BoE moves into focus

(Alliance News) - European equities closed slightly higher on Monday, supported by favourable eurozone data and the hope of more stimulus in China, after an underwhelming factory reading there.

Read more
31 Jul 2023 14:57

BofA Merrill Lynch lifts IAG price target, reiterates 'buy'

(Sharecast News) - Bank of America Merrill Lynch lifted its price target on BA and Iberia owner IAG on Monday to 260p from 240p and reiterated its 'buy' rating on the shares after results last week.

Read more
31 Jul 2023 14:45

Broker tips: IAG, Babcock

(Sharecast News) - Bank of America Merrill Lynch lifted its price target on BA and Iberia owner IAG on Monday to 260p from 240p and reiterated its 'buy' rating on the shares after results last week.

Read more
31 Jul 2023 12:06

LONDON MARKET MIDDAY: Europe rises but FTSE 100 underperforms

(Alliance News) - Stock prices in London were lower at midday on Monday, though European peers were on the rise, following favourable eurozone economic data.

Read more
31 Jul 2023 09:16

LONDON BROKER RATINGS: Oddo BHF raises IAG to 'outperform'

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.