Firering Strategic Minerals: From explorer to producer. Watch the video here.

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: 170.05
Bid: 170.30
Ask: 170.45
Change: 2.00 (1.19%)
Spread: 0.15 (0.088%)
Open: 167.45
High: 171.00
Low: 167.45
Prev. Close: 168.05
IAG Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Britain's airlines say extra support needed if travel stays shut

Thu, 10th Jun 2021 00:01

LONDON, June 10 (Reuters) - Airlines based in Britain have
told the government they will need industry-specific support to
help them survive if COVID-19 rules continue to keep travel
markets shut.

Companies including British Airways, easyJet
and Ryanair are in a deepening crisis after
Britain's plans to restart travel on May 17 following a 4-1/2
month ban on foreign holidays fell far short of their hopes.

Britons are still discouraged from travelling to most
countries, and since the May reopening, the government has
tightened the rules, removing one of the few destinations that
was open, Portugal, from a safe travel list.

As July and August approach, the months when airlines make
most of their profits, there are worries the summer season may
be lost for a second year in a row, risking airline viability
and jobs.

"If a meaningful reopening is not possible during the summer
... then targeted economic support will be essential to ensure
UK airlines are able to reach the point when a restart is
possible, in order to protect many tens of thousands of jobs,"
industry lobby Airlines UK said in a letter to finance minister
Rishi Sunak on Thursday.

Come the end of September, government support schemes to
protect jobs are also due to end, a worry for airlines that
might still be grounded due to foreign travel restrictions.

Airlines UK said it wanted Sunak to extend furlough for
aviation workers to the end of April 2022, give airlines longer
to repay COVID-19 government loans, and launch a "restart grant"
scheme to help airlines pay to maintain planes they cannot use.

In the letter, the airlines said their preference would be
for travel to restart and be unrestricted for vaccinated people.
But recent government policy and comments suggest this is
unlikely.

That puts UK airlines at a disadvantage to peers in Europe,
as countries there begin to allow more travel, while Britain
sticks with its 10 day quarantine and testing requirements.
(Reporting by Sarah Young
Editing by Mark Potter)

More News
19 Jun 2024 12:56

UK shareholder meetings calendar - next 7 days

Thursday 20 June 
Angling Direct PLCAGM
Anglo Asian Mining PLCAGM
Animalcare Group PLCAGM
ASA International Group PLCAGM
Balanced Commercial Property Trust LtdAGM including re views on strategic review
Block Energy PLCAGM
boohoo Group PLCAGM
Card Factory PLCAGM
Concurrent Technologies PLCAGM
Cordiant Digital Infrastructure LtdAGM
Corero Network Security PLCAGM
Cykel AI PLCGM re acquisition by Mustang Energy PLC
Futura Medical PLCAGM
Good Energy Group PLCAGM
Gresham House Energy Storage Fund PLCAGM
Henderson Eurotrust PLCGM re merger with Henderson European Focus Trust PLC
Kingfisher PLCAGM
Likewise Group PLCAGM
LSL Property Services PLCAGM
Marble Point Loan Financing LtdEGM requisitioned by Freestone
Mustang Energy PLCGM re acquisition of Cykel AI PLC
Northcoders Group PLCAGM
Strix Group PLCAGM
Thor Energy PLCGM re equity raise
Friday 21 June 
All Things Considered Group PLCAGM
Monday 24 June 
Anglo-Eastern Plantations PLCAGM
Cizzle Biotechnology Holdngs PLCAGM
Cobra Resources PLCAGM
Diaceutics PLCAGM
Ithaca Energy PLCAGM
Network International Holdings PLCAGM
Oriole Resources PLCAGM
Oxford Biomedica PLCAGM
Savannah Resources PLCAGM
THG PLCAGM
Trinity Exploration & Production PLCAGM
World Chess PLCAGM
Tuesday 25 June 
Alphawave IP Group PLCAGM
Anpario PLCAGM
Aurrigo International PLCAGM
Elixirr International PLCAGM
Future Metals NLGM
Gemfields Group LtdAGM
Huddled Group PLCAGM
ICG Enterprise Trust PLCAGM
IQE PLCAGM
Roadside Real Estate PLCAGM
Rockhopper Exploration PLCAGM
Saga PLCAGM
Skillcast Group PLCAGM
Verici Dx PLCAGM
Vertu Motors PLCAGM
Vietnam Enterprise Investments LtdAGM
Xeros Technology Group PLCAGM
Wednesday 26 June 
Amicorp FS UK PLCAGM
Ariana Resources PLCGM re merger with Rockover Holdings
Asiamet Resources LtdAGM
Avacta Group PLCAGM
Bluejay Mining PLCAGM
Cora Gold LtdAGM
Corre Energy BVAGM
Creo Medical Group PLCAGM
East Star Resources PLCAGM
Echo Energy PLCAGM
Emmerson PLCAGM
HSS Hire Group PLCAGM
India Capital Growth Fund LtdAGM
Infrastructure India PLCGM re delisting from AIM
International Consolidated Airlines Group SAAGM
Novacyt SAAGM
Pinewood Technologies Group PLCAGM
RA International Group PLCAGM
SpaceandPeople PLCAGM
Warpaint London PLCAGM
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
18 Jun 2024 12:00

Irish government urges union and IAG's Aer Lingus to avoid strike

(Alliance News) - Irish Finance Minister Michael McGrath has urged Aer Lingus management and unions to "get down around the table" for talks to avoid strikes.

Read more
17 Jun 2024 19:23

EU vets IAG rivals' ability to take over Air Europa routes, sources say

BRUSSELS, June 17 (Reuters) - EU antitrust regulators are asking whether rivals proposed by British Airways owner IAG to take over some of Spanish airline Air Europa's routes are capable of operating them and competing with IAG, people familiar with the matter said on Monday.

Read more
31 May 2024 11:46

Ryanair, Easyjet and others fined for cabin luggage fees

MADRID, May 31 (Reuters) - Spanish authorities have slapped fines on budget airlines Ryanair, easyJet , Vueling and Volotea totalling 150 million euros ($163 million), consumer groups who lead a six-year campaign against the charges said on Friday.

Read more
31 May 2024 08:55

Ryanair, others fined 150 mln euros in Spain for cabin luggage fees, SER radio reports

MADRID, May 31 (Reuters) - Budget airlines Ryanair , easyJet, Vueling and privately owned Volotea have been fined 150 million euros ($162.30 million) in Spain, local radio SER reported on Friday.

Read more
16 May 2024 06:00

How easyJet's bet on holidays paid off

LONDON, May 16 (Reuters) - EasyJet's big bets on package holidays and better-located airports are helping it win customers, its CEO and investors say, even as concerns linger about the high cost of the strategy for an airline known for its no-frills service.

Read more
14 May 2024 06:27

UK ministers, companies visit Saudi Arabia to boost trade ties

(Alliance News) - UK Cabinet ministers are visiting Saudi Arabia in a bid to bolster trade links with the kingdom amid reports that Riyadh authorised the use of lethal force to clear land for a new desert city.

Read more
13 May 2024 15:36

London close: Stocks take a breather after last week's surge

(Sharecast News) - London's stock markets ended the day in negative territory on Monday, with investors taking a breather following a six-day winning streak that propelled the FTSE 100 to a new all-time high.

Read more
13 May 2024 12:01

LONDON MARKET MIDDAY: Stocks flat as IPO chat brightens up subdued day

(Alliance News) - Stocks in London marked time on Monday, consolidating recent gains, ahead of a key week of US economic data.

Read more
13 May 2024 09:03

JPMorgan sees further upside at IAG despite recent rally

(Sharecast News) - British Airways owner IAG's stock was making gains on Monday following positive comments from JPMorgan, which said that earnings momentum should continue to take the shares higher.

Read more
10 May 2024 16:02

London close: Stocks rise further as UK exits recession

(Sharecast News) - London stocks finished the trading week on a positive note on Friday, driven by gains in the mining sector, following the release of data indicating the UK's exit from recession.

Read more
10 May 2024 14:17

IAG in talks to address Air Europa bid concerns

PARIS, May 10 (Reuters) - British Airways owner IAG said on Friday it is in talks with other airlines about ceding routes in order to address EU regulators' concerns that its bid for Air Europa may reduce competition and lead to price increases.

Read more
10 May 2024 12:00

LONDON MARKET MIDDAY: FTSE 100 hits record high on BoE vote, UK GDP

(Alliance News) - Stock prices in London were up at midday on Friday, hitting a record high once again as investors reacted positively to a dovish Bank of England interest rates hold.

Read more
10 May 2024 09:28

TOP NEWS: Upbeat IAG buoyed by continued high demand for travel

(Alliance News) - British Airways-owner International Consolidated Airlines Group SA on Friday said it is well positioned for the key summer season as it reported a narrowed first-quarter loss.

Read more
10 May 2024 09:20

owner IAG projects strong summer after solid first quarter

IAG operating profit at 68 million in Q1, compared to 9 million last year

*

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.