Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. 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: 177.40
Bid: 177.75
Ask: 177.85
Change: -1.25 (-0.70%)
Spread: 0.10 (0.056%)
Open: 183.05
High: 184.50
Low: 173.90
Prev. Close: 178.65
IAG Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

TOP NEWS: British Airways Suspends All Flights To China Due To Virus

Wed, 29th Jan 2020 08:09

(Alliance News) - British Airways has suspended all flights to and from mainland China as the government finalises urgent plans to bring Britons back from the coronavirus-hit province of Hubei.

The airline, which operates daily flights to Shanghai and Beijing from Heathrow, said it was halting the flights with immediate effect after the Foreign Office warned against "all but essential travel" to the country because of the virus outbreak.

A British teacher in Wuhan city, who said UK citizens were being given details of forthcoming flights, said flights taking Britons back home could begin as early as Thursday.

The deadline for those stuck in the city of Wuhan and surrounding areas to contact the British consulate expressing their wish to leave passed at 3am UK time, which was 11am local time.

In a statement on Wednesday morning, British Airways, part of International Consolidated Airlines Group SA, said: "We have suspended all flights to and from mainland China with immediate effect following advice from the Foreign Office against all but essential travel.

"We apologise to customers for the inconvenience, but the safety of our customers and crew is always our priority.

"Customers due to travel to or from China in the coming days can find more information on ba.com."

It comes after the Foreign Office updated its advice on Tuesday to warn against "all but essential travel" to mainland China, saying it may become more difficult for British nationals in other provinces to leave.

The death toll in the country has risen to 132, with confirmed infections surging to nearly 6,000.

Four cases have been confirmed in Germany, making it the second European country to report cases, after France.

The United Arab Emirates has also confirmed its first cases of the virus in a family who recently returned to the UAE from Wuhan.

In Australia, officials unveiled plans to evacuate some of its nationals from Wuhan and the surrounding Hubei province, with plans to quarantine them in the Christmas Island immigration detention centre for up to 14 days – the incubation period for the virus.

In the UK, people coming back will be told to "self-isolate" and stay indoors for 14 days, but there are no plans to forcibly quarantine them.

The Department of Health and Social Care said 97 people in the UK have been given the all-clear for the virus, although scientists predict it may have entered the country.

Foreign Secretary Dominic Raab said officials are "working urgently to finalise arrangements for an assisted departure from Hubei province for British nationals this week, and are in contact with people in Hubei to ensure they register their interest and that we can keep them updated".

He added: "Due to the increasing travel restrictions and the public health situation, we now advise against all but essential travel to China."

The Foreign Office has said UK nationals in China should "make decisions based on their own personal circumstances" over whether to leave other parts of the country.

The British embassy in Beijing has said transport to get UK citizens out "may happen quickly and with short notice".

China has imposed travel restrictions between its major cities, while the Ministry of Culture and Tourism has suspended all tour group companies' activities to prevent further virus spread.

The British teacher living in Wuhan, who asked not to be named, told the PA news agency that a number of other Britons she was in contact with had arranged to return home, with some scheduled on a flight at 7am on Thursday.

Officials estimate up to 200 citizens currently there will want to return to the UK.

Hubei province has been on lockdown for several days as China seeks to contain the illness, as have other parts of China.

Hong Kong also said on Tuesday that it would "temporarily" close some of its borders with mainland China and stop issuing travel permits to mainland Chinese tourists.

On Monday, Health Secretary Matt Hancock said officials could not be 100% certain the virus is not spread by people who are not displaying symptoms and spoke of self-isolation".

The move means more than 1,400 people who have returned from Wuhan since January 10 should isolate themselves for 14 days from the date of leaving China.

Following the latest Foreign Office travel advice, consumer group Which? said people with trips to China planned should be covered for cancellations by their travel insurance.

Adam French, from the organisation, said those already in the country should be entitled to be flown out or be compensated for any changes to their itinerary.

By PA Reporters

source: PA

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
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
5 Apr 2024 15:22

London close: Stocks finish lower as US payrolls top forecasts

(Sharecast News) - London markets closed lower on Friday amid a backdrop of heightened investor caution, following robust US job data for March, hawkish remarks from Federal Reserve officials, and escalating tensions in the Middle East.

Read more
28 Mar 2024 16:49

UK Border Force officers at Heathrow airport to take strike action

LONDON, March 28 (Reuters) - More than 600 UK Border Force officers at Heathrow Airport, Britain's busiest hub, will take strike action for four days from April 11 in a dispute over working conditions, the PCS trade union said on Thursday.

Read more
27 Mar 2024 10:28

JPMorgan puts IAG on 'positive catalyst watch' ahead of Q1 results

(Sharecast News) - JPMorgan Cazenove placed shares of BA and Iberia owner IAG on 'positive catalyst watch' on Wednesday ahead of first-quarter results and following minor changes to estimates published yesterday.

Read more
27 Mar 2024 09:40

LONDON BROKER RATINGS: Sainsbury's, Petershill Partners upped to 'buy'

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

Read more
21 Mar 2024 16:33

London close: Stocks rise as BoE keeps rates on hold

(Sharecast News) - London markets closed higher on Thursday, sustaining gains after the Bank of England adhered to expectations by maintaining interest rates at a 16-year high.

Read more
21 Mar 2024 09:27

LONDON BROKER RATINGS: UBS cuts Entain; RBC raises IAG

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

Read more
21 Mar 2024 09:09

RBC Capital upgrades IAG to 'outperform'

(Sharecast News) - RBC Capital Markets upgraded BA and Iberia owner IAG on Thursday to 'outperform' from 'sector perform' and lifted the price target to 220p from 200p.

Read more
21 Mar 2024 07:52

LONDON BRIEFING: Stocks called up thanks to New York rally

(Alliance News) - Stocks in London are to open higher on Thursday, after a global equity market rally following the latest interest rate call from the US Federal Reserve.

Read more
15 Mar 2024 15:07

London close: Stocks finish mixed after Reckitt compo blow

(Sharecast News) - London's equity markets finished in a mixed state at the end of a quiet trading session on Friday, after another hotter-than-expected US inflation reading overnight.

Read more
6 Mar 2024 15:02

London close: Stocks finish higher after Hunt's Spring Budget

(Sharecast News) - London's stock markets closed in positive territory on Wednesday, as investors absorbed the Chancellor's Spring Budget announcement of a 2p reduction in National Insurance.

Read more
6 Mar 2024 14:05

Tax rise outlined in UK budget for air passengers in premium cabins

(Alliance News) - Airline passengers travelling in premium cabins will be hit by a UK tax hike.

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.