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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: 0.35 (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 -

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Ireland's Aer Lingus appoints IAG Cargo head as new CEO

Thu, 25th Feb 2021 17:28

DUBLIN, Feb 25 (Reuters) - Irish airline Aer Lingus said on
Thursday that it has appointed Lynne Embleton, the head of its
parent company's cargo unit, as its new chief executive.

The airline, which is part of the International Airlines
Group alongside British Airways, Iberia and Vueling, is
Ireland's former flag carrier and is the country's largest
long-haul airline.

Embleton joined British Airways in 1992 and has served at
chief executive of IAG Cargo since 2017. She will take up the
post of CEO at Aer Lingus on April 6, replacing Donal Moriarty,
who has served as interim chief executive since October 2020.

Aer Lingus has taken a 150 million euro ($183.50
million)three-year loan from Ireland's sovereign wealth fund and
is engaged in discussions with the government about additional
support to survive the COVID-19 crisis, which has led to a ban
on non-essential travel in Ireland.

The government, which values Aer Lingus' North American
network and its links to Europe's main hub airports, has said it
would provide resources if necessary to ensure the airline's
survival.
($1 = 0.8175 euros)
(Reporting by Conor Humphries; Editing by Susan Fenton)

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