Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. 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: 176.40
Bid: 176.90
Ask: 177.00
Change: -1.20 (-0.68%)
Spread: 0.10 (0.057%)
Open: 178.50
High: 179.20
Low: 176.40
Prev. Close: 177.60
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 leaders criticise 'cautious' government approach to foreign trips

Thu, 06th May 2021 07:58

(Alliance News) - Prominent travel industry figures have lashed out at the UK government over its plans to make travellers take coronavirus tests even when they have been fully vaccinated.

In a joint article in The Daily Telegraph, the chief executives of BA - part of International Consolidated Airlines Group SA - Heathrow Airport, easyJet PLC, Manchester Airport Group and Jet2 PLC have criticised the UK government for an "overabundance of caution".

The group says it is illogical to require fully vaccinated British holidaymakers to pay GBP60 per person to take a PCR test when coming home from a country on the UK's safe "green" list, adding the move would jeopardise the holiday plans of millions of people.

"Instead of taking advantage of the success of the vaccine programme the government risks closing the UK off from the rest of the world," they wrote.

"We want to be able to support a safe reopening, but if we are not prepared to accept any risk then travel will never restart and we will not be able to support UK travel and tourism businesses and supercharge the UK's economic recovery."

The group added: "Travel, even from green countries, will still require arrivals into the UK to take a 'gold-standard' PCR test which, until recently, were costing more than double the European average at over GBP100 each."

Britain's plan puts it out of step with the EU which, while "not known for rash decisions when it comes to vaccines and the precautionary principle", is letting holidaymakers with proof of vaccination to sidestep tests and quarantine, said the group, which also said the government's green list of countries was expected to be disappointingly small.

Ministers are due on Thursday to decide which countries and territories will be "green" – allowing quarantine-free travel – from May 17, a list expected to include Gibraltar, Malta, Israel, Iceland and possibly Portugal.

Most of Europe – including France, Spain, Greece and Italy – will be amber, The Telegraph said, requiring holidaymakers to self-isolate for 10 days on their return and take two PCR tests.

However, ministers remained hopeful most European countries would be open to green list travel by the end of June.

Speaking on Wednesday, Prime Minister Boris Johnson maintained the UK would uphold a sensible and cautious approach to foreign travel this summer to avoid "an influx of disease".

The prime minister said there would be "some opening up" on May 17, but that reopening the country must be done in a way "to make sure that we don't see the virus coming back in" to the UK.

Johnson's cautious tone came as some MPs called for restrictions on foreign holidays to be maintained to protect the country from Covid-19 variants, and Labour leader Keir Starmer urged a "careful" approach.

"We do want to do some opening up on May 17 but I don't think that the people of this country want to see an influx of disease from anywhere else," Johnson said.

"I certainly don't and we have got to be very, very tough, and we have got to be as cautious as we can, whilst we continue to open up."

By Trevor Marshallsea, PA

source: PA

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
6 Mar 2024 09:07

LONDON BROKER RATINGS: JPMorgan raises IAG; Jefferies likes Experian

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

Read more
6 Mar 2024 08:45

IAG flies higher after double upgrade to 'overweight' by JPMorgan

(Sharecast News) - BA and Iberia owner IAG flew higher on Wednesday as JPMorgan Cazenove double upgraded the shares to 'overweight' from 'underweight' and lifted the price target to €2.50 from €1.45.

Read more
6 Mar 2024 07:45

LONDON BRIEFING: ConvaTec profit doubles; DS smith trades in line

(Alliance News) - Stocks are called to open higher on Wednesday, with focus in the UK on Wednesday's Spring budget.

Read more
1 Mar 2024 09:14

LONDON BROKER RATINGS: Numis cuts St James's Place to 'hold'

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

Read more
29 Feb 2024 16:53

LONDON MARKET CLOSE: Focus on Fed, ECB after inflation readings

(Alliance News) - The FTSE 100 in London closed higher on Thursday, as a key US inflation gauge ebbed year-on-year, though a monthly increase could keep a lid on Federal Reserve interest rate cut enthusiasm.

Read more
29 Feb 2024 09:25

TOP NEWS: IAG confident as customers continue to take to the skies

(Alliance News) - British Airways owner, International Consolidated Airlines Group SA on Thursday said strong and sustained demand for travel, in particular in leisure, helped drive bumper growth in sales and profit in 2023.

Read more
29 Feb 2024 07:08

IAG profits fly past pre-pandemic levels on strong leisure demand

(Sharecast News) - British Airways owner IAG on Thursday more than doubled annual profit as demand continued to rebound from the effects of the Covid pandemic.

Read more
28 Feb 2024 13:39

Thursday preview: Inflation data, IAG in focus

(Sharecast News) - Should the Federal Reserve begin to reduce interest rates in June?

Read more
26 Feb 2024 09:07

LONDON BROKER RATINGS: Jefferies raises ITM Power to 'buy'

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

Read more
23 Feb 2024 12:06

LONDON MARKET MIDDAY: StanChart prospers while stocks take a breather

(Alliance News) - Stock prices in London faltered at midday Friday, despite strong gains by Standard Chartered, as the wave of euphoria after Nvidia's blow-out earnings began to fade.

Read more
15 Feb 2024 14:55

London close: Stocks manage gains despite UK recession news

(Sharecast News) - London markets had a mixed but ultimately positive day of trading on Thursday, despite news that the UK fell into a technical recession at the end of 2023.

Read more
15 Feb 2024 12:02

LONDON MARKET MIDDAY: FTSE 100 flat as strong start fades

(Alliance News) - The FTSE 100 tread water on Thursday afternoon, as share price declines for some of London's heavyweights offset a strong start for the index, which got a boost from Bank of England rate cut hopes.

Read more
2 Feb 2024 16:59

London close: Stocks mixed as US payrolls come in red-hot

(Sharecast News) - London's stock markets closed with mixed results on Friday, as investors were confronted by an unexpectedly strong US labour market as revealed in the latest US non-farm payrolls report.

Read more
30 Jan 2024 09:32

LONDON BROKER RATINGS: BoA cuts Barratt, Persimmon; ups Taylor Wimpey

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

Read more
24 Jan 2024 18:17

IAG's bid to buy out Air Europa may reduce competition, EU says

BRUSSELS, Jan 24 (Reuters) - British Airways owner IAG's bid to buy out Air Europa may reduce competition on domestic, short-haul and long-haul routes, EU antitrust regulators said on Wednesday as they opened a full-scale probe into the 400-million-euro ($435.9 million) deal.

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.