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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: 186.45
Bid: 185.95
Ask: 186.10
Change: 5.25 (2.90%)
Spread: 0.15 (0.081%)
Open: 181.95
High: 186.45
Low: 181.95
Prev. Close: 181.20
IAG Live PriceLast checked at -

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Run 'realistic' schedules to avoid summer chaos, UK tells airlines

Thu, 30th Jun 2022 13:16

LONDON, June 30 (Reuters) - Britain told airlines on Thursday it was down to them to avoid a repeat of recent chaotic scenes at airports during the upcoming holiday season, publishing a 22-point support plan that included a call to run "realistic" summer schedules.

The year has so far been marked by widespread disruption, including long queues and cancelled flights caused by staff shortages, leaving airlines and airports struggling to keep up with a surge in demand after the COVID-19 pandemic.

The government's planned measures for the industry included help in recruiting staff, but it also said they should run realistic schedules and support passengers when delays and cancellations are unavoidable. Critics have accused airlines of selling more tickets than they can honour, a charge they deny.

"It's now on airports and airlines to commit to running the flights they've promised or cancel them with plenty of time to spare so we can avoid the kind of scenes we saw at Easter and half term," transport minister Grant Shapps said in a statement.

The plan is the latest move by the government to try and relieve some of the pressure, having relaxed rules around airport slots last week to help scheduling.

The head of Airlines UK, which represents British airlines, said the sector was working with ministers and other government authorities to be more resilient.

"Aviation is a complex international eco-system with many moving parts but we are all working collectively to ensure the summer peak runs smoothly and passengers are able to get away," Tim Alderslade said.

Earlier on Thursday, Britain's busiest airport Heathrow asked airlines to cancel 30 scheduled flights due to passenger numbers exceeding the airport's capacity.

Apologising for the impact of that decision on travel plans, a Heathrow spokesperson said it was working hard to ensure a smooth summer. (Reporting by Muvija M and William James Editing by Kylie MacLellan and Mark Potter)

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7 Dec 2023 10:10

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7 Dec 2023 08:09

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22 Nov 2023 14:41

Aurrigo inks USD290,000 deal with IAG for Cincinnati airport in US

(Alliance News) - Aurrigo International PLC on Wednesday said that it has signed an agreement with International Consolidated Airlines Group SA for the deployment and demonstration of its autonomous aviation solutions.

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21 Nov 2023 15:19

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(Sharecast News) - London stocks finished in the red on Tuesday as investors examined the latest UK borrowing data ahead of Wednesday's Autumn Statement.

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21 Nov 2023 09:57

IN BRIEF: International Consolidated Airlines seeks to restore payouts

International Consolidated Airlines Group SA - Madrid-based owner of British Airways, Iberia, Vueling and Aer Lingus - Hosts capital markets day for institutional investors and analysts on Tuesday, saying its 2023 outlook remains unchanged. "We expect 2023 to be a year of strong recovery in our margins, operating profit and balance sheet and towards pre-Covid-19 levels of capacity," the company had said with its third-quarter results back in October.

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21 Nov 2023 09:20

IAG reiterates commitment to resuming dividends

(Sharecast News) - British Airways owner IAG on Tuesday set out its medium-term targets and pledged its commitment to resume paying dividends once its balance sheet and investment plans are "secure".

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17 Nov 2023 13:59

British Airways' green fuel project wins UK government backing

(Alliance News) - A partnership involving International Consolidated Airlines Group SA's British Airways to develop lower carbon aviation fuels has secured a share of new UK government funding.

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15 Nov 2023 09:41

LONDON BROKER RATINGS: Deutsche likes Compass; Numis cuts Elementis

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

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6 Nov 2023 16:59

LONDON MARKET CLOSE: Stocks fail to shine despite dovish sentiment

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LONDON MARKET MIDDAY: Tepid start to new week as investors take stock

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LONDON MARKET CLOSE: Poorly-received earnings weigh on European stocks

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LONDON MARKET MIDDAY: Oil majors lift FTSE 100 but banks fall

(Alliance News) - Stock prices in London were up at midday on Friday, as the FTSE 100 was led higher by oil majors, tracking a rise in the Brent price.

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27 Oct 2023 09:18

TOP NEWS: BA-owner IAG has "record" quarter despite air traffic snafu

(Alliance News) - International Consolidated Airlines Group SA on Friday hailed a "record third-quarter performance" that provided money for investment and debt reduction.

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