The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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: 178.65
Bid: 178.70
Ask: 178.80
Change: 0.35 (0.20%)
Spread: 0.10 (0.056%)
Open: 178.75
High: 181.20
Low: 177.50
Prev. Close: 178.30
IAG Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

British Airways Workers Back Threat Of Industrial And Legal Action

Thu, 20th Aug 2020 20:44

(Alliance News) - British Airways workers have backed the threat of industrial and legal action in a row over jobs and conditions.

More than 1,000 cabin crew, ground and other staff held a mass meeting near Heathrow airport, at which they instructed their union, Unite, to proceed to action against their employer.

Unite warned BA that its conduct has left it exposed to strikes and continuous litigation, claiming the airline has changed the terms of voluntary redundancies, leaving workers potentially thousands of pounds out of pocket.

Assistant general secretary Howard Beckett said: "British Airways is reaping what it has sowed. Its systematic, brutal and needless attacks on its workforce will see it inevitably faced with strikes in the autumn along with the persistent threat of disruption through widespread legal action.

"This workforce was absolutely clear today – this fight will go all the way and it will last until BA stops behaving like an abusive Victorian mill owner.

"We will now instruct our legal specialists to proceed to industrial and legal action, which will hit BA in the autumn. BA has given these workers no other choice but with Unite by their side, we will fight this all the way."

Oliver Richardson, Unite's national officer for civil aviation, said: "BA's behaviour is inhumane but it is made worse because it is also needless.

"This business is sitting on billions, built on the hard graft of the very workforce that the airline is hellbent on treating so abysmally."

A BA spokesman said: "For more than 100 years British Airways has been flying millions of people around the world. Today that world remains largely closed.

"This is the biggest challenge the airline and our industry has ever faced. Sadly, the global pandemic has resulted in job losses across every industry. Many airlines have already made thousands of staff redundant.

"We are not immune to this crisis. We have to adapt to survive, so we will continue with the proper, lawful consultative process and we will keep inviting union representatives to discuss our proposals to the serious challenges we face.

"It is not too late to find solutions – as we have done with Balpa – and to protect jobs."

BA is part of International Consolidated Airlines Group SA.

By Alan Jones, PA Industrial Correspondent

source: PA

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
28 Nov 2023 16:54

LONDON MARKET CLOSE: European stocks perk up but end day mixed

(Alliance News) - European equities closed off session lows during a mixed day on Tuesday, while stocks in New York went into the afternoon in the green, as comments from Federal Reserve officials cemented expectations that the US central bank has already enacted its last hike of the cycle.

Read more
22 Nov 2023 14:41

Aurrigo inks USD290,000 deal with IAG for Cincinnati airport in US

(Alliance News) - Aurrigo International PLC on Wednesday said that it has signed an agreement with International Consolidated Airlines Group SA for the deployment and demonstration of its autonomous aviation solutions.

Read more
21 Nov 2023 15:19

London close: Stocks slip ahead of FOMC minutes, Autumn Statement

(Sharecast News) - London stocks finished in the red on Tuesday as investors examined the latest UK borrowing data ahead of Wednesday's Autumn Statement.

Read more
21 Nov 2023 09:57

IN BRIEF: International Consolidated Airlines seeks to restore payouts

International Consolidated Airlines Group SA - Madrid-based owner of British Airways, Iberia, Vueling and Aer Lingus - Hosts capital markets day for institutional investors and analysts on Tuesday, saying its 2023 outlook remains unchanged. "We expect 2023 to be a year of strong recovery in our margins, operating profit and balance sheet and towards pre-Covid-19 levels of capacity," the company had said with its third-quarter results back in October.

Read more
21 Nov 2023 09:20

IAG reiterates commitment to resuming dividends

(Sharecast News) - British Airways owner IAG on Tuesday set out its medium-term targets and pledged its commitment to resume paying dividends once its balance sheet and investment plans are "secure".

Read more
17 Nov 2023 13:59

British Airways' green fuel project wins UK government backing

(Alliance News) - A partnership involving International Consolidated Airlines Group SA's British Airways to develop lower carbon aviation fuels has secured a share of new UK government funding.

Read more
15 Nov 2023 09:41

LONDON BROKER RATINGS: Deutsche likes Compass; Numis cuts Elementis

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

Read more
6 Nov 2023 16:59

LONDON MARKET CLOSE: Stocks fail to shine despite dovish sentiment

(Alliance News) - Stock prices in London closed mixed on Monday, whilst US markets opened higher, with investors continuing to digest hopes that interest rates have peaked.

Read more
6 Nov 2023 12:04

LONDON MARKET MIDDAY: Tepid start to new week as investors take stock

(Alliance News) - London's FTSE 100 drifted marginally lower heading into Monday afternoon in uncertain trade as investors reassess the near-term outlook for equity markets after a bullish week for stocks last week.

Read more
30 Oct 2023 09:40

LONDON BROKER RATINGS: Jefferies cuts NatWest to underperform from buy

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

Read more
27 Oct 2023 17:08

LONDON MARKET CLOSE: Poorly-received earnings weigh on European stocks

(Alliance News) - Stock prices in London closed mixed on Friday, hurt by share price falls for the banking sector, while investors also digested underwhelming earnings elsewhere and a US inflationary reading.

Read more
27 Oct 2023 12:06

LONDON MARKET MIDDAY: Oil majors lift FTSE 100 but banks fall

(Alliance News) - Stock prices in London were up at midday on Friday, as the FTSE 100 was led higher by oil majors, tracking a rise in the Brent price.

Read more
27 Oct 2023 09:18

TOP NEWS: BA-owner IAG has "record" quarter despite air traffic snafu

(Alliance News) - International Consolidated Airlines Group SA on Friday hailed a "record third-quarter performance" that provided money for investment and debt reduction.

Read more
27 Oct 2023 07:54

LONDON BRIEFING: NatWest notes "serious failings" in Farage findings

(Alliance News) - Stocks in London are set to open slightly higher on Friday, as investors wait for a key US inflation reading.

Read more
27 Oct 2023 07:07

IAG reports record third quarter as demand continues to recover

(Sharecast News) - British Airways owner IAG reported a record-breaking third-quarter operating profit of €1.745bn on Friday, marking a substantial increase from the €1.216bn reported in the same period of 2022.

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.