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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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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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29 Aug 2023 05:51

Travel disruption could last days after UK air traffic control fault

(Alliance News) - Travel disruption could last for days after flights were cancelled leaving thousands of passengers stranded following an air traffic control technical fault.

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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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