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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: 178.95
Bid: 178.90
Ask: 179.00
Change: 0.65 (0.36%)
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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Sector movers: Ebola fears hammer travel stocks, but grocers and miners rise

Tue, 07th Oct 2014 14:19

Fears about the fallout from a potential Ebola outbreak hammered stocks in the travel and leisure sectors on Tuesday with UK-listed airlines and tour operators dropped sharply.In contrast, supermarket and mining stocks were bucking the trend with the two sectors, which have both bore the brunt of the selling pressure over recent weeks, the only categories to trade in positive territory in afternoon trade in London.News that a Madrid nurse has caught Ebola spooked investors across Europe on Tuesday, given that she is the first to contract the deadly virus outside West Africa.Anglo-Spanish airline conglomerate IAG was among the worst performers in London, down nearly 6% on fears on how any potential contagion could affect business.Other airlines were also flying firm lower, such as Easyjet, Ryanair and even Fastjet despite reporting record passenger numbers for September. All three stocks were down at least 4.1%.Travel tour operators TUI Travel and Thomas Cook were down 3.4% and 4.5%, respectively, while hotel group IHG fell 2.6%.Leading the upside were grocery stocks as they continued to claw their way back after a string of profit warnings and an accounting scandal at Tesco hammered sentiment last month.Shares in the UK's largest retailer were trading nearly 5% higher after the news that the company has asked another senior manager to step down as it attempts to rebuild confidence and repair trust among its shareholders.The stock had lost 25% of its value in the two weeks following after 22 September when Tesco revealed that first-half profit guidance was overstated by £250m.The reported departure of Kevin Grace, commercial director, will bring the total of senior executives leaving the company to five.As for the miners, the revelation that Glencore had approached Rio Tinto about a "possible combination" in the summer gave the sector a boost, even though the latter turned the offer down.The deal, which Rio claimed "was not in the best interests" of its shareholders, would have created the biggest mining company in the world with a market value estimated to be $160bn, surpassing that of BHP Billiton ($154bn).Others in the sector, such as Anglo American, Randgold Resources, Lonmin, Kazakhmys and Centamin, were also performing well.Top performing sectors so far todayFood & Drug Retailers 2,582.68 +2.86%Industrial Metals & Mining 1,297.88 +2.45%Mining 15,863.98 +1.55%Bottom performing sectors so far todayOil Equipment, Services & Distribution 21,262.24 -2.27%Travel & Leisure 7,079.99 -2.08%Technology Hardware & Equipment 1,051.57 -1.92%Aerospace and Defence 4,702.79 -1.64%Forestry & Paper 10,669.03 -1.54%
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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.

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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. 

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12 Sep 2023 05:58

UK govt, British Airways face claim over Kuwait hostage crisis

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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.

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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.

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30 Aug 2023 17:15

FTSE 100 gains for sixth day on homebuilders' boost

Homebuilders up 1.8%

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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.

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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

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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)

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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.

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29 Aug 2023 21:16

UK air traffic failure set to disrupt flights for days

Around 1,500 flights cancelled on Monday

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29 Aug 2023 13:44

UK government orders review into air traffic control chaos

(Alliance News) - The UK government on Tuesday ordered a review after the country's air traffic control system suffered its worst disruption in almost ten years, stranding thousands of passengers.  

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29 Aug 2023 11:51

LONDON MARKET MIDDAY: FTSE outperforms peers; housebuilders rise

(Alliance News) - The FTSE 100 was outperforming its European peers at midday on Tuesday, amid news that UK consumer price inflation is decelerating and the government is scrapping some rules to boost housebuilding.

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29 Aug 2023 07:45

UK air travel disruption to last for days -minister

LONDON, Aug 29 (Reuters) - British transport minister Mark Harper said it would take days to resolve the widespread disruption to flights into and out of the country after air traffic control systems were hit by a technical problem.

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