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Pin to quick picksInternational Airlines Share News (IAG)

Share Price Information for International Airlines (IAG)

London Stock Exchange
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Share Price: 178.65
Bid: 178.70
Ask: 178.80
Change: 0.00 (0.00%)
Spread: 0.10 (0.056%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 178.65
IAG Live PriceLast checked at -

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EasyJet eyeing BA's Gatwick slots - report

Mon, 13th Sep 2021 11:31

(Sharecast News) - EasyJet will considerably boost its presence at Gatwick should plans by British Airways to overhaul its short-haul offering flounder, according to reports.

The national carrier is seeking to change contracts and working conditions for short haul flights from Gatwick, London's second airport, as part of a move to improve the financial position of the operation.

But it has yet to secure an agreement with Unite, the union representing cabin and ground crew, and BA - owned by Anglo-Spanish International Consolidated Airlines Group - has warned it will stop short haul flights altogether from Gatwick if a deal cannot be struck.

BA's withdrawal from Gatwick would release numerous in-demand short haul slots, and the Telegraph reported that easyJet could use money raised through a planned £1.2bn rights issue to snap them up.

Any such move would consolidate the budget airline's position as Gatwick's biggest customer.

Neither BA nor EasyJet has commented on the report. However, when announcing the rights issue last Thursday, easyJet said it expected that "opportunities will arise at airports...as legacy airlines restructure short-haul operations".

EasyJet announced the rights issue after it rejected an unsolicited takeover approach from an unnamed bidder, widely understood to be Hungarian carrier Wizz Air.

The Telegraph's report comes amid a torrid day of trading for EasyJet. The stock fell last week following the announcement of the dilutive rights issue, and by 1130 BST on Monday it was off 14%. Shares in IAG were trading nearly 1% higher in London
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3 May 2024 13:37

UK earnings, trading statements calendar - next 7 days

Monday 6 May 
no events scheduled 
Tuesday 7 May 
Arecor Therapeutics PLCFull Year Results
BP PLCQ1 Results
Ebiquity PLCFull Year Results
IWG PLCTrading Statement
Kosmos Energy LtdQ1 Results
MaxCyte IncQ1 Results
Trident Royalties PLCTrading Statement
Vaalco Energy IncQ1 Results
Wednesday 8 May 
Alliance Pharma PLCFull Year Results
boohoo group PLCFull Year Results
Brighton Pier Group PLCFull Year Results
Cornerstone FS PLCFull Year Results
HydrogenOne Capital Growth PLCTrading Statement
JD Wetherspoon PLCTrading Statement
Light Science Technologies Holdings PLCFull Year Results
OSB Group PLCTrading Statement
Renishaw PLCTrading Statement
Thursday 9 May 
Balfour Beatty PLCTrading Statement
Derwent London PLCTrading Statement
Flutter Entertainment PLC Trading Statement
Harbour Energy PLCTrading Statement
IMI PLCTrading Statement
ITV PLCTrading Statement
John Wood Group PLCTrading Statement
Rathbones Group PLCTrading Statement
Spire Healthcare Group PLCTrading Statement
Synthomer PLCTrading Statement
Wheaton Precious Metals CorpQ1 Results
Friday 10 May 
CRH PLCQ1 Results
International Consolidated Airlines Group SAQ1 Results
Rightmove PLCTrading Statement
TBC Bank Group PLCQ1 Results
  
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.

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19 Apr 2024 16:56

London close: Stocks mixed as investors watch Middle East newsflow

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19 Apr 2024 12:02

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12 Apr 2024 17:28

FTSE 100 sets near record close as commodity stocks shine

FTSE 100 up 0.9%, FTSE 250 off 0.3%

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12 Apr 2024 16:56

LONDON MARKET CLOSE: Miners lift FTSE 100 but sea of red elsewhere

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11 Apr 2024 16:53

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11 Apr 2024 15:56

London close: Stocks finish lower as ECB stands pat

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10 Apr 2024 14:46

Portugal's new government vows to keep balanced budgets, privatise TAP

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8 Apr 2024 17:03

LONDON MARKET CLOSE: Miners and airlines in demand as FTSE 100 climbs

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6 Apr 2024 18:59

Two planes at Heathrow Airport collide on the ground

LONDON, April 6 (Reuters) - The wingtip of an empty Virgin Atlantic jet collided with a stationary British Airways airliner while being towed from a stand at London's Heathrow Airport on Saturday, the airlines said.

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