If you would like to ask our webinar guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them 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: 185.75
Bid: 185.65
Ask: 185.75
Change: -0.70 (-0.38%)
Spread: 0.10 (0.054%)
Open: 186.85
High: 187.45
Low: 185.05
Prev. Close: 186.45
IAG Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

IAG's British Airways axes further 10,300 flights until end of October

Wed, 06th Jul 2022 21:59

(Alliance News) - International Consolidated Airlines Group SA's British Airways has announced it will axe another 10,300 short-haul flights until the end of October.

The move takes the percentage of cancellations across the airline to a total of 13% this summer.

BA has been one of the worst affected carriers in terms of schedule disruption in recent months as the aviation industry battles increased demand and staff shortages.

In a statement the airline said it was "not where we wanted to be" but believed the cuts were "the right thing to do for our customers and colleagues".

It said: "The whole aviation industry continues to face into significant challenges and we're completely focused on building resilience into our operation to give customers the certainty they deserve.

"The Government recently decided to give the whole industry slot alleviation to minimise potential disruption this summer.

"While taking further action is not where we wanted to be, it's the right thing to do for our customers and our colleagues.

"This new flexibility means that we can further reduce our schedule and consolidate some of our quieter services so that we can protect as many of our holiday flights as possible.

"While most of our flights are unaffected and the majority of customers will get away as planned, we don't underestimate the impact this will have and we're doing everything we can to get their travel plans back on track.

"We're in touch to apologise and offer rebooking options for new flights with us or another airline as soon as possible or issue a full refund."

Rory Boland, editor of Which? Travel, said the latest blow was a "damning indictment" of BA's failure to manage its summer flight schedule.

"This latest raft of flight cancellations is a damning indictment of BA's mismanagement of its summer flight schedule. BA has continued to promote and sell flights it could not fulfil, even as thousands of customers have faced the chaos of cancellations in recent weeks," he said.

"Which? recently reported BA to the Civil Aviation Authority for neglecting to tell passengers about their right to compensation and failing to reroute customers at the earliest opportunity. The CAA must take action if BA fails to meet its legal obligations amid this latest round of cancellations."

Shares in IAG closed 2.8% higher at 105.74 pence on Wednesday in London.

By Neil Lancefield, PA Transport Correspondent

source: PA

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
6 Oct 2023 10:28

Datalex and Aer Lingus ink digital transformation platform deal

(Alliance News) - Datalex PLC on Friday said it will partner with Aer Lingus Ltd to offer the airline a new digital transformation platform.

Read more
5 Oct 2023 12:59

BA nearing long-term pay deal to avert pilots' strike - report

(Sharecast News) - British Airways is reportedly on the of a brink of a long-term pay deal with its pilots aimed at removing the renewed threat of strike action until at least 2027.

Read more
4 Oct 2023 09:52

LONDON BROKER RATINGS: Goldman likes Relx; Jefferies likes Aviva

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

Read more
3 Oct 2023 10:55

Aurrigo inks deal with British Airways parent IAG for aviation tech

(Alliance News) - Aurrigo International PLC on Tuesday said that it has signed a formal partnership agreement with British Airways parent International Consolidated Airlines Group SA for the deployment and demonstration of Aurrigo's autonomous aviation solutions within the UK.

Read more
28 Sep 2023 17:28

IAG, Lufthansa and Air France KLM keen on stake in Portugal's TAP

(Alliance News) - The Portuguese government on Thursday opened the sale of a majority stake in flag carrier TAP, with Deutsche Lufthansa AG quickly expressing interest and other European rivals also expected to be keen. 

Read more
19 Sep 2023 09:46

LONDON BROKER RATINGS: HSBC cuts NatWest; Stifel likes Computacenter

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

Read more
12 Sep 2023 05:58

UK govt, British Airways face claim over Kuwait hostage crisis

(Alliance News) - Passengers and crew members of a British Airways flight who were taken hostage in Kuwait in 1990 are intending to take legal action against the British government and the airline, a law firm said Tuesday. 

Read more
8 Sep 2023 09:11

UK competition regulator proposes Heathrow charges are reconsidered

(Alliance News) - The competition regulator has provisionally found that some errors were made in a decision on how much Heathrow Airport can charge airlines.

Read more
8 Sep 2023 07:56

Competition regulator mostly backs lower airline price caps at Heathrow

(Sharecast News) - The UK competition regulator has said that the Civil Aviation Authority (CAA) made some errors in determining the lower price cap that Heathrow should charge airlines, but said that most of its calculations had been correct.

Read more
30 Aug 2023 17:15

FTSE 100 gains for sixth day on homebuilders' boost

Homebuilders up 1.8%

*

Read more
30 Aug 2023 14:29

Airlines count cost of UK traffic control failure

(Alliance News) - The worst disruption to UK air traffic control in almost a decade following a technical fault risks costing carriers around GBP100 million, the head of global airline body IATA estimated Wednesday.

Read more
30 Aug 2023 09:53

UK air traffic control meltdown fault won't happen again - NATS

Head of air traffic control provider says issue fixed

*

Read more
30 Aug 2023 08:21

Britain's air traffic control failure to cost airlines 100 mln stg -IATA head

LONDON, Aug 30 (Reuters) - The cost to airlines from Britain's air traffic control failure on Monday is likely to reach about 100 million pounds ($126 million), Willie Walsh, the head of global airlines group IATA told the BBC on Wednesday. ($1 = 0.7920 pounds) (Reporting by Sarah Young, editing by Elizabeth Piper)

Read more
30 Aug 2023 07:45

UK air traffic control says problem which caused flight cancellations won't happen again

LONDON, Aug 30 (Reuters) - The disruption to flights into and out of Britain caused by a technical failure on Monday will not happen again after changes were made to the system, the head of the country's air traffic control group NATS said.

Read more
29 Aug 2023 21:16

UK air traffic failure set to disrupt flights for days

Around 1,500 flights cancelled on Monday

*

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.