The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen 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: 184.10
Bid: 184.45
Ask: 184.55
Change: -2.35 (-1.26%)
Spread: 0.10 (0.054%)
Open: 186.85
High: 187.45
Low: 184.10
Prev. Close: 186.45
IAG Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

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)

More News
6 Oct 2023 10:28

Datalex and Aer Lingus ink digital transformation platform deal

(Alliance News) - Datalex PLC on Friday said it will partner with Aer Lingus Ltd to offer the airline a new digital transformation platform.

Read more
5 Oct 2023 12:59

BA nearing long-term pay deal to avert pilots' strike - report

(Sharecast News) - British Airways is reportedly on the of a brink of a long-term pay deal with its pilots aimed at removing the renewed threat of strike action until at least 2027.

Read more
4 Oct 2023 09:52

LONDON BROKER RATINGS: Goldman likes Relx; Jefferies likes Aviva

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

Read more
3 Oct 2023 10:55

Aurrigo inks deal with British Airways parent IAG for aviation tech

(Alliance News) - Aurrigo International PLC on Tuesday said that it has signed a formal partnership agreement with British Airways parent International Consolidated Airlines Group SA for the deployment and demonstration of Aurrigo's autonomous aviation solutions within the UK.

Read more
28 Sep 2023 17:28

IAG, Lufthansa and Air France KLM keen on stake in Portugal's TAP

(Alliance News) - The Portuguese government on Thursday opened the sale of a majority stake in flag carrier TAP, with Deutsche Lufthansa AG quickly expressing interest and other European rivals also expected to be keen. 

Read more
19 Sep 2023 09:46

LONDON BROKER RATINGS: HSBC cuts NatWest; Stifel likes Computacenter

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

Read more
12 Sep 2023 05:58

UK govt, British Airways face claim over Kuwait hostage crisis

(Alliance News) - Passengers and crew members of a British Airways flight who were taken hostage in Kuwait in 1990 are intending to take legal action against the British government and the airline, a law firm said Tuesday. 

Read more
8 Sep 2023 09:11

UK competition regulator proposes Heathrow charges are reconsidered

(Alliance News) - The competition regulator has provisionally found that some errors were made in a decision on how much Heathrow Airport can charge airlines.

Read more
8 Sep 2023 07:56

Competition regulator mostly backs lower airline price caps at Heathrow

(Sharecast News) - The UK competition regulator has said that the Civil Aviation Authority (CAA) made some errors in determining the lower price cap that Heathrow should charge airlines, but said that most of its calculations had been correct.

Read more
30 Aug 2023 17:15

FTSE 100 gains for sixth day on homebuilders' boost

Homebuilders up 1.8%

*

Read more
30 Aug 2023 14:29

Airlines count cost of UK traffic control failure

(Alliance News) - The worst disruption to UK air traffic control in almost a decade following a technical fault risks costing carriers around GBP100 million, the head of global airline body IATA estimated Wednesday.

Read more
30 Aug 2023 09:53

UK air traffic control meltdown fault won't happen again - NATS

Head of air traffic control provider says issue fixed

*

Read more
30 Aug 2023 08:21

Britain's air traffic control failure to cost airlines 100 mln stg -IATA head

LONDON, Aug 30 (Reuters) - The cost to airlines from Britain's air traffic control failure on Monday is likely to reach about 100 million pounds ($126 million), Willie Walsh, the head of global airlines group IATA told the BBC on Wednesday. ($1 = 0.7920 pounds) (Reporting by Sarah Young, editing by Elizabeth Piper)

Read more
30 Aug 2023 07:45

UK air traffic control says problem which caused flight cancellations won't happen again

LONDON, Aug 30 (Reuters) - The disruption to flights into and out of Britain caused by a technical failure on Monday will not happen again after changes were made to the system, the head of the country's air traffic control group NATS said.

Read more
29 Aug 2023 21:16

UK air traffic failure set to disrupt flights for days

Around 1,500 flights cancelled on Monday

*

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.