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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: 173.05
Bid: 173.05
Ask: 173.15
Change: -2.05 (-1.17%)
Spread: 0.10 (0.058%)
Open: 174.70
High: 175.65
Low: 172.45
Prev. Close: 175.10
IAG Live PriceLast checked at -

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IAG traffic up in August, but load factors nudges lower

Mon, 05th Sep 2016 14:59

(ShareCast News) - British Airways and Iberia parent International Consolidated Airlines Group said group traffic rose in August but the load factor nudged lower.Group traffic as measured in revenue passenger kilometres rose 7.9% in August from the same month last year to 24.48m passengers. Year-to-date, traffic was up 18.9% to 67.89m. The airline, which also owns Aer Lingus and Vueling, said group capacity as measured in available seat kilometres, was up 9%.On a pro-forma basis, group traffic was up 2.5% and group capacity was 3.9% higher.Meanwhile, group premium traffic for the month of August increased by 3.4% on a pro-forma basis.However, the load factor - which measures how full flights were - slipped to 85.9% from 86.7% in August last year.IAG made a number of agreements with other airlines during the month. Japan's Ministry of Land, Infrastructure, Transport and Tourism granted an extension of anti-trust immunity to enable Iberia to join the existing joint business between Japan Airlines, British Airways and Finnair.This means the four airlines can cooperate commercially on flights between Europe and Japan.In addition, Vueling and Qatar Airways launched a codeshare agreement which allows seamless connectivity via the airlines' common gateways of Barcelona El Prat and Rome Fiumicino. The agreement links Vueling's European network with Qatar Airways' global network of more than 150 destinations.Finally, British Airways announced a codeshare agreement with Shanghai-based carrier, China Eastern Airlines, which allows it to gain access to the domestic Chinese market as it will start selling flights to Kunming, Xi'an, Nanjing, Hangzhou and Chongqing on a BA flight code.China Eastern Airlines will sell British Airways flights to Aberdeen, Belfast City, Edinburgh, Glasgow, Leeds Bradford, Manchester and Newcastle on their MU flight code. At 1544 BST, IAG shares were down 0.2% to 392.18p.
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28 Aug 2023 20:14

UK air traffic issue fixed but flight disruption to continue

LONDON, Aug 28 (Reuters) - Britain's National Air Traffic Service (NATS) was hit by a technical problem for several hours on Monday, causing widespread disruption to flights in UK airspace that it said would continue for some time even though the issue was fixed.

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28 Aug 2023 19:18

UPDATE: Dozens of flights cancelled after UK air traffic control fault

(Alliance News) - Hundreds of flights to and from the UK are estimated to have been cancelled this bank holiday, leaving passengers stranded, after an air traffic control failure.

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28 Aug 2023 13:42

Airlines warn of delays as UK airspace hit by technical fault

(Alliance News) - Air passengers have been warned they face delays after UK air traffic control systems were hit by a technical fault.

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28 Aug 2023 13:09

UK airspace hit by technical fault - National Air Traffic Services

(Alliance News) - UK airspace has been hit by a technical fault, the country's leading provider of air traffic control services said.

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9 Aug 2023 15:32

Rising prices for travel yet to curb 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.

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9 Aug 2023 12:37

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.

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9 Aug 2023 10:09

Irish court pauses order for Dublin Airport to limit flights

DUBLIN, Aug 9 (Reuters) - Ireland's High Court has paused a local council order that would have forced Dublin Airport to limit daily flights between the hours of 11 p.m. and 7 a.m. from next month pending a full hearing on the matter.

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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.

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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.

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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.

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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.

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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.

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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

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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:

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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.

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