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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: 174.10
Bid: 174.05
Ask: 174.15
Change: -1.10 (-0.63%)
Spread: 0.10 (0.057%)
Open: 174.80
High: 176.45
Low: 172.95
Prev. Close: 175.20
IAG Live PriceLast checked at -

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UK travel bosses warn quarantine rule will result in job losses

Tue, 02nd Jun 2020 13:13

LONDON, June 2 (Reuters) - The bosses of over 100 British
companies in the travel and hospitality industry have warned the
government that a 14-day quarantine rule on arrivals into the
country will result in job losses and could cause businesses to
collapse.

Airlines such as British Airways have already said
that quarantine will push back a travel recovery, and pressure
is mounting on the government to find an alternative to its
quarantine rule, as people want to book summer holidays.

According to newspaper reports, ministers are aiming to
replace the coronavirus quarantine rule, due to come into effect
on 8 June, with a plan for so-called air bridges which would
enable unrestricted travel between low-risk countries.

In a survey of 124 chief executives, owners and business
leaders in the travel and hospitality industry, 71% said they
expected to make almost two-thirds of their staff redundant if
the quarantine measures go ahead.

The bosses, of businesses such as travel firms Kuoni,
Neilson and Cosmos, as well as Rocco Forte Hotels and The Ritz,
said they expected summer bookings to disappear due to the
quarantine measures, and over a quarter of respondents said
their businesses could cease trading as a result.

"The quarantine measures are a blunt weapon which will bring
only economic disaster," said the chief executive of tour
operator Red Savannah in comments alongside the survey published
on Tuesday.

The vast majority of respondents said they would prefer air
bridges to the quarantine rule.
(Reporting by Sarah Young; editing by Stephen Addison)

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2 Jun 2023 05:55

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(Alliance News) - International Consolidated Airlines Group SA's British Airways has been fined almost GBP1 million by the US government over claims it failed to pay refunds for cancelled flights.

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26 May 2023 07:57

LONDON BRIEFING: UK retail sales up; Hunt "comfortable" with recession

(Alliance News) - Stocks in London are expected to kick off the final trading day of a fraught week with a minor gain, though US debt ceiling uncertainty continues to temper sentiment.

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26 May 2023 07:00

Soaring airline customer complaints push global legislators to act

LONDON/MONTREAL, May 26 (Reuters) - Nikoleta Dodova is among a growing number of dissatisfied airline customers. Having bought her mother and niece airline tickets from Sweden to Macedonia last year, their flight was cancelled and they ended up at an airport over two hours away. She is still waiting for compensation.

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26 May 2023 06:01

IT issue causes mass cancellation of British Airways Heathrow flights

(Alliance News) - International Consolidated Airlines PLC's British Airways has apologised after an IT issue caused the cancellations of domestic and European flights on Thursday, as Britain heads into the Bank Holiday weekend.

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19 May 2023 09:34

Dublin Airport to lower charges for more fuel-efficient airlines

DUBLIN, May 19 (Reuters) - Dublin Airport plans to cut runway charges by 25% for airlines that operate planes with lower emissions, the Dublin Airport Authority (DAA) said on Friday.

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18 May 2023 08:10

UK's easyJet confident as summer demand ramps up

Sees Q3 revenue per seat up 20% on last year

*

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11 May 2023 09:45

LONDON BROKER RATINGS: Asos targets cut; Jefferies ups Diploma to buy

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

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10 May 2023 11:20

UK's Virgin Atlantic says bumper bookings eclipsed by rising costs

2022 revenue 2.9 bln stg, 98% of 2019 levels

*

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9 May 2023 17:27

UK stocks slide ahead of U.S. inflation data, BoE meet

IAG closes at over a two-month high

*

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9 May 2023 13:45

Liberum reiterates 'buy' on IAG, lifts price target

(Sharecast News) - Liberum reiterated its 'buy' recommendation on BA and Iberia owner IAG on Tuesday, and lifted its price target to 350p from 240p as it said positive earnings momentum was set to continue.

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9 May 2023 07:52

Broker tips: IAG, Intertek

(Sharecast News) - Liberum reiterated its 'buy' recommendation on BA and Iberia owner IAG on Tuesday, and lifted its price target to 350p from 240p as it said positive earnings momentum was set to continue.

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5 May 2023 17:03

LONDON MARKET CLOSE: Surprise US jobs report lifts market mood

(Alliance News) - Stocks in London were higher at the close on Friday, ahead of a long bank holiday weekend, as the latest US jobs report made a recession across the Atlantic appear less likely.

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5 May 2023 12:08

LONDON MARKET MIDDAY: Stocks pare weekly losses ahead of US nonfarms

(Alliance News) - Stock prices in London were higher at midday on Friday, a better end to a nervy week for equities, with investors digesting central bank decisions and an ongoing crisis in the US regional banking sector.

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5 May 2023 09:42

European airlines see strong summer bookings, hope to avert chaos

IAG first-quarter results better than expected

*

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5 May 2023 09:10

TOP NEWS: IAG loss narrows, revenue up as capacity recovers from Covid

(Alliance News) - International Consolidated Airlines Group SA on Friday reported its first quarter narrowed alongside strong revenue as Iberia delivered its "best ever" quarterly performance, while noting capacity recovering towards pre-pandemic levels.

Read more

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