Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video 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: 175.10
Bid: 174.70
Ask: 174.90
Change: -2.10 (-1.19%)
Spread: 0.20 (0.114%)
Open: 177.00
High: 177.00
Low: 174.50
Prev. Close: 177.20
IAG Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Strikes at Britain's Gatwick Airport could hit summer holidays

Fri, 14th Jul 2023 14:37

950 workers to strike in pay dispute

*

Eight days of walk-outs July, Aug

LONDON, July 14 (Reuters) - Workers at Britain's No.2 airport Gatwick will strike for eight days at the end of July and in early August, potentially causing cancellations and travel misery for thousands of passengers at the busiest time of year for summer holidays.

European travellers are already on high alert over worries about air traffic control problems arising from both the reduced air space available due to the Ukraine war, plus staffing issues and industrial action at some locations.

The Unite trade union said around 950 Gatwick workers, including ground staff, baggage handlers and check-in agents, would walk out in a pay dispute for four days from July 28-Aug. 1 and then another four days from Aug. 4-8.

"Given the scale of the industrial action, disruption, delays and cancellations are inevitable across the airport," Unite said in its statement.

Gatwick, about 30 miles (48 kilometres) south of London, said it would support airlines with their contingency plans to ensure as many flights as possible operate as scheduled.

The contracts concerned in the dispute were between airlines and third party contractors including Menzies Aviation and DHL Services, the airport said.

KEY HUB

A key hub for leisure flights to southern European beach destinations, Gatwick's biggest airlines include easyJet , TUI and British Airways.

EasyJet said further talks between its ground handler DHL and Unite were taking place next week.

"We urge them to reach an agreement as soon as possible," the airline said.

British Airways said its ground handling agent GGS was working with the union to resolve the issue "as a matter of urgency", while Menzies Aviation said it had invited Unite back to the table to try to reach a deal.

Concerns over air traffic control delays already prompted easyJet to axe 2% of its summer flight schedule, mostly from Gatwick, on Monday.

Any disruption this summer will come on the back of a chaotic peak season in Europe last year when thousands of flights were cancelled due to a shortage of staff.

Airlines faced a huge compensation bill as a result, and have spent millions this year ensuring there is slack in the system to try to mitigate the risk of problems.

On the strike-affected days, 4,410 flights are due to depart from Gatwick, equating to over 840,000 potential passengers, according to aviation analytics firm Cirium.

Gatwick was singled out by the head of airlines trade group IATA earlier this week as having local resource issues in its air traffic control function, according to a report in the Financial Times.

Britain's busiest hub, Heathrow Airport, agreed a pay deal with security workers in June, avoiding multiple days of walk-outs throughout the summer which had been planned by Unite. (Reporting by William James Writing by Sarah Young and Sachin Ravikumar Editing by Mark Potter)

More News
19 Apr 2024 16:56

London close: Stocks mixed as investors watch Middle East newsflow

(Sharecast News) - London's stock markets closed in a mixed state on Friday as traders kept a close watch on escalating tensions in the Middle East.

Read more
19 Apr 2024 12:02

LONDON MARKET MIDDAY: Stocks down on Israel attack on Isfahan, Iran

(Alliance News) - Stock prices in London were down at midday on Friday, as equity sentiment suffered by worries of a conflict escalation between Iran and Israel, after Iranian state media reported explosions in the province of Isfahan.

Read more
19 Apr 2024 08:49

LONDON MARKET OPEN: European stocks slump amid Middle East escalation

(Alliance News) - London's FTSE 100 traded lower in early exchanges, with sentiment hurt by worries of a conflict escalation in the Middle East, after state media in Iran reported explosions.

Read more
18 Apr 2024 16:52

LONDON MARKET CLOSE: Stocks recover some of recent Fed talk losses

(Alliance News) - Stock prices in London closed up on Thursday, despite the prospect of higher for longer US interest rates hanging over stocks, while initial jobless claims for the week came in steady.

Read more
18 Apr 2024 12:02

LONDON MARKET MIDDAY: FTSE 100 up despite hawkish Fed rates outlook

(Alliance News) - Stock prices in London were higher on Thursday afternoon, despite the prospect of higher for longer US interest rates hanging over stocks.

Read more
18 Apr 2024 08:59

LONDON MARKET OPEN: Europe up as overlooks New York tech sell-off

(Alliance News) - Stock prices in London opened higher on Thursday, with the FTSE 100 supported by some promising corporate updates.

Read more
15 Apr 2024 15:39

London close: Stocks slip on renewed geopolitical tensions

(Sharecast News) - London's equity markets markets experienced a downturn on Monday, with losses particularly notable in the mining and oil sectors, as investors remained cautious amid to escalating geopolitical tensions in the Middle East.

Read more
12 Apr 2024 17:28

FTSE 100 sets near record close as commodity stocks shine

FTSE 100 up 0.9%, FTSE 250 off 0.3%

*

Read more
12 Apr 2024 16:56

LONDON MARKET CLOSE: Miners lift FTSE 100 but sea of red elsewhere

(Alliance News) - London's FTSE 100 defied a tricky day for wider markets, as its miners and oil producers shone, while the dollar was supported as odds of the US Federal Reserve enacting three interest rate cuts this year dwindle.

Read more
11 Apr 2024 16:53

LONDON MARKET CLOSE: Dwindling US Fed cut hope unnerves markets

(Alliance News) - Stock prices in London closed lower on Thursday, with a hawkish interest rate outlook for the Federal Reserve and geopolitical tensions hurting investor enthusiasm.

Read more
11 Apr 2024 15:56

London close: Stocks finish lower as ECB stands pat

(Sharecast News) - London's stock markets finished in negative territory on Thursday, as investors reacted to the European Central Bank's latest policy announcement and a producer price index release in the United States.

Read more
10 Apr 2024 14:46

Portugal's new government vows to keep balanced budgets, privatise TAP

LISBON, April 10 (Reuters) - Portugal's new minority government will maintain balanced budgets, keep reducing the country's public debt and carry out a long-planned privatisation of flag carrier TAP, it said in its inaugural legislative programme on Wednesday.

Read more
8 Apr 2024 17:03

LONDON MARKET CLOSE: Miners and airlines in demand as FTSE 100 climbs

(Alliance News) - Investors bought in London on Monday, as the FTSE 100 rose with gold hitting a new high before fading, airlines and miners were in demand, while Entain prospered on bid speculation.

Read more
6 Apr 2024 18:59

Two planes at Heathrow Airport collide on the ground

LONDON, April 6 (Reuters) - The wingtip of an empty Virgin Atlantic jet collided with a stationary British Airways airliner while being towed from a stand at London's Heathrow Airport on Saturday, the airlines said.

Read more
5 Apr 2024 19:38

UK Border Force officers suspend Heathrow Airport strike action plan

LONDON, April 5 (Reuters) - UK Border Force officers at Heathrow Airport, Britain's busiest hub, have suspended the strike action they were due to take for four days from April 11 in a dispute over working conditions, a trade union said on Friday.

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.