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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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UK airports warn of 20,000 job losses, call for end to quarantine

Wed, 24th Jun 2020 11:57

(Sharecast News) - UK airports face up to 20,000 job losses as the sector faced a significant decline in passenger numbers post-Covid 19, the industry body warned on Wednesday as it called for government help.
The Airport Operators Association (AOA), urged the government to scrap its controversial 14-day quarantine for all incoming passengers, which began on June 14.

It's warning came as Swissport, the UK's biggest provider of airport baggage and ticketing services, announced it was planning to cut 4,556 jobs, reducing its UK workforce by more than half.

Other measures suggested by the AOA included business rate relief, extension of the coronavirus job retention scheme, direct funding for sector regulator the Civil Aviation Authority, and a suspension of air passenger taxes.

"These jobs figures clearly show that a key component of the UK's infrastructure is on its knees, with no relief to the current crisis expected," said AOA chief executive Karen Dee.

"Government needs to recognise the immense crisis facing the country's airport communities and take action to support UK aviation and protect livelihoods."

The AOA said the government should repeal the "damaging" quarantine policy and replace it with a "risk-based proportionate approach which includes additional public health measures for passengers arriving from high-risk countries".

Major UK airlines British Airways, easyJet and Virgin Atlantic are also preparing to fire thousands of workers as they deal with the aftermath of a crisis that has crippled demand and left them burning through cash reserves in the absence of any industry-specific bailout.

The quarantine policy, up for review on June 29, has attracted severe criticism from the airline and hospitality sector, which claim it is deterring people from travelling to and from the UK and stifling any hope of a start to recovery.

"Commercial aviation in the UK has weathered the worst three months in its history, and is now presented with an arbitrary quarantine policy, which has unnecessarily stifled the sector's restart and recovery plans," Dee said.

"We face considerable challenges in recovering from the devastating impacts of Covid-19 and we are calling on the government to do much more and act with urgency to protect jobs in the aviation sector, many of which are highly-skilled."
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3 May 2024 13:37

UK earnings, trading statements calendar - next 7 days

Monday 6 May 
no events scheduled 
Tuesday 7 May 
Arecor Therapeutics PLCFull Year Results
BP PLCQ1 Results
Ebiquity PLCFull Year Results
IWG PLCTrading Statement
Kosmos Energy LtdQ1 Results
MaxCyte IncQ1 Results
Trident Royalties PLCTrading Statement
Vaalco Energy IncQ1 Results
Wednesday 8 May 
Alliance Pharma PLCFull Year Results
boohoo group PLCFull Year Results
Brighton Pier Group PLCFull Year Results
Cornerstone FS PLCFull Year Results
HydrogenOne Capital Growth PLCTrading Statement
JD Wetherspoon PLCTrading Statement
Light Science Technologies Holdings PLCFull Year Results
OSB Group PLCTrading Statement
Renishaw PLCTrading Statement
Thursday 9 May 
Balfour Beatty PLCTrading Statement
Derwent London PLCTrading Statement
Flutter Entertainment PLC Trading Statement
Harbour Energy PLCTrading Statement
IMI PLCTrading Statement
ITV PLCTrading Statement
John Wood Group PLCTrading Statement
Rathbones Group PLCTrading Statement
Spire Healthcare Group PLCTrading Statement
Synthomer PLCTrading Statement
Wheaton Precious Metals CorpQ1 Results
Friday 10 May 
CRH PLCQ1 Results
International Consolidated Airlines Group SAQ1 Results
Rightmove PLCTrading Statement
TBC Bank Group PLCQ1 Results
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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FTSE 100 up 0.9%, FTSE 250 off 0.3%

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10 Apr 2024 14:46

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8 Apr 2024 17:03

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6 Apr 2024 18:59

Two planes at Heathrow Airport collide on the ground

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