Roundtable Discussion; The Future of Mineral Sands. 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: 178.30
Bid: 178.20
Ask: 178.30
Change: 0.00 (0.00%)
Spread: 0.10 (0.056%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 178.30
IAG Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE 1-Largest Boeing 737 MAX model set for maiden flight

Fri, 18th Jun 2021 14:18

(Adds BA landing gear incident, background, sales)

By Eric M. Johnson

SEATTLE, June 18 (Reuters) - Boeing Co prepared to
stage a maiden flight of the largest member its 737 MAX family
on Friday, in a further step towards recovering from the safety
grounding of a smaller model.

The first voyage of the 737 MAX 10, expected around 10 a.m.
local time (1700 GMT) in the Seattle area, heralds months of
testing and certification before it enters service in 2023.

In an unusual departure from the PR buzz surrounding first
flights, the event was being kept deliberately low-key as Boeing
tries to navigate overlapping crises caused by the 20-month
grounding in the wake of two crashes and the COVID-19 pandemic.

Boeing's 230-seat 737-10 is designed to close the gap
between its 178-to-220-seat 737-9, and Airbus's
185-to-240-seat A321neo, which dominates the top end of the
narrowbody jet market, worth some $3.5 trillion over 20 years.

However, the market opportunity for the 737 MAX 10 is
constrained by the jet's range of 3,300 nautical miles (6,100
km), which falls short of the A321neo's 4,000 nm.

Boeing must also complete safety certification of the plane
under a tougher regulatory climate following two fatal crashes
of a smaller 737 MAX version grounded the model for nearly two
years - with a safety ban still in place in China.

Boeing has carried out design and training changes on the
MAX family, which returned to U.S. operations in December.

While the smaller MAX 8 is Boeing's fastest-selling jet,
slow sales of the MAX 9 and 10 models have put Boeing at a
disadvantage to the A321neo.

Boeing has abandoned plans to tinker with the 737 MAX 10
design, but is weighing a bolder plan to replace the
single-aisle 757, which overlaps with the top end of the MAX
family.

Even so, Boeing says it is confident in the MAX 10 and it is
stepping up efforts to sell more of the jet, with key targets
including Ireland's Ryanair.

Customers include United Airlines with 100 on order.
Although sources say United is weighing a new order for at least
100 or even up to 200 MAX, its requirement for large
single-aisles will be served by Airbus - reinforcing the market
split.

Friday's flight will showcase a revamped landing gear system
illustrating an industry battle to squeeze as much mileage as
possible out of the current generation of single-aisles.

It raises the landing gear's height during take-off and
landing, a design needed to compensate for the MAX 10's extra
length and prevent the tail scraping the runway on take-off.

Separately, British authorities said they had launched an
investigation after the nose gear of a British Airways
Boeing 787 used for freight collapsed while on the tarmac at
London's Heathrow on Friday. Nobody was hurt.
(Reporting by Eric M. Johnson in Seattle
Additional reporting by Tim Hepher Editing by Leslie Adler and
Mark Potter)

More News
26 Jul 2023 10:34

UK's Heathrow warns of leisure travel slowdown later this year

First-half pretax profit up 6%

*

Read more
25 Jul 2023 14:08

Mercia Asset Management investee wins IAG investment

(Alliance News) - Mercia Asset Management PLC on Tuesday said that one of its direct investments Nova Pangaea Holdings Ltd has received an investment from International Consolidated Airlines Group SA.

Read more
21 Jul 2023 15:38

UK earnings, trading statements calendar - next 7 days

Monday 24 July 
discoverIE Group PLCTrading Statement
Cranswick PLCTrading Statement
Glantus Holdings PLCTrading Statement
MoneySupermarket.com PLCHalf Year Results
Ryanair Holdings PLCQ1 Results
Science Group PLCHalf Year Results
Shanta Gold LtdTrading Statement
South32 LtdTrading Statement
Vodafone Group PLCTrading Statement
Tuesday 25 July 
City of London Investment Group PLCTrading Statement
Compass Group PLCTrading Statement
Croda International PLCHalf Year Results
Games Workshop Group PLCFull Year Results
Greencore Group PLCTrading Statement
Hummingbird Resources PLCTrading Statement
MITIE Group PLCTrading Statement
Paragon Banking Group PLCTrading Statement
Reach PLCHalf Year Results
Smart Metering Systems PLCTrading Statement
Tristel PLCTrading Statement
Tyman PLCHalf Year Results
Unilever PLCHalf Year Results
Unite Group PLCHalf Year Results
Wednesday 26 July 
Aptitude Software Group PLCHalf Year Results
Breedon Group PLCHalf Year Results
Conduit Holdings LtdHalf Year Results
Ecora Resources PLCTrading Statement
Fresnillo PLCTrading Statement
FRP Advisory Group PLCFull Year Results
Gresham Technologies PLCHalf Year Results
Hargreaves Services PLCFull Year Results
Lloyds Banking Group PLCHalf Year Results
Marston's PLCTrading Statement
Nichols PLCHalf Year Results
Primary Health Properties PLCHalf Year Results
Rathbones Group PLCHalf Year Results
Rio Tinto PLCHalf Year Results
Science Group PLCHalf Year Results
Van Elle Holdings PLCFull Year Results
Thursday 27 July 
Allianz Technology Trust PLCHalf Year Results
Antofagasta PLCHalf Year Results
Capital & Regional PLCHalf Year Results
Card Factory PLCTrading Statement
Checkit PLCTrading Statement
Deliveroo PLCHalf Year Results
Derwent London PLCHalf Year Results
Entain PLCHalf Year Results
Global Connectivity PLCHalf Year Results
Hostelworld Group PLCHalf Year Results
HydrogenOne Capital Growth PLCTrading Statement
Lancashire Holdings LtdHalf Year Results
OSB Group PLCHalf Year Results
Persimmon PLCHalf Year Results
Petrofac LtdHalf Year Results
Redcentric PLCFull Year Results
S&U PLCTrading Statement
Savills PLCHalf Year Results
Secure Trust Bank PLCHalf Year Results
Spirax-Sarco Engineering PLCHalf Year Results
Videndum PLCHalf Year Results
Wheaton Precious Metals CorpHalf Year Results
Friday 28 July 
AIB Group PLCHalf Year Results
GCP Infrastructure Investments LtdTrading Statement
International Consolidated Airlines Group SAHalf Year Results
Intertek Group PLCHalf Year Results
Jardine Matheson Holdings LtdHalf Year Results
NatWest Group PLCHalf Year Results
Standard Chartered PLCHalf Year Results
YouGov PLCTrading Statement
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
20 Jul 2023 11:33

Transatlantic travel sets up European airlines for bumper earnings

LONDON/CHICAGO, July 20 (Reuters) - North American tourists thronging the streets of Europe's top destinations are set to fuel healthy earnings for airlines this quarter and onwards as they enjoy travelling after long pandemic lockdowns, analysts and aviation executives said.

Read more
17 Jul 2023 09:20

LONDON BROKER RATINGS: JPMorgan cuts Spectris; Berenberg likes Victrex

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

Read more
16 Jul 2023 11:44

Sunday newspaper round-up: Tesco, Green Agenda, EasyJet

(Sharecast News) - Tesco is leaning on its suppliers so that they pass on savings from falling costs so that it can reduce prices more quickly than rivals and thus lead on price cuts. Among other factors, on Thursday Tesco pointed to a halviing in wholesale electricity prices, a 22% reduction in PET packaging and an 84% fall in the cost of freight. Suppliers however said that other costs had continued to rise - not least wages. And in response to prodding by MPs, Asda co-owner, Mohsin Issa, has cautioned that fixed-term contracts meants that three to nine more month would be needed before customers benefitted from falling prices. - The Sunday Times

Read more
14 Jul 2023 14:37

Strikes at Britain's Gatwick Airport could hit summer holidays

950 workers to strike in pay dispute

*

Read more
14 Jul 2023 09:13

LONDON BROKER RATINGS: HSBC says 'buy' AstraZeneca but 'reduce' GSK

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

Read more
14 Jul 2023 07:56

LONDON BRIEFING: Burberry shines in China; ITV-All3Media deal unlikely

(Alliance News) - Stocks in London are expected to slip into the red at Friday's open, in a tepid conclusion to what has been a largely positive week for global equities, as the market prices in a lower peak for US interest rates.

Read more
12 Jul 2023 17:13

Miners, banks lift FTSE 100, cooling US inflation lifts sentiment

Banks gain after major lenders clear BoE's stress test

*

Read more
12 Jul 2023 12:08

LONDON MARKET MIDDAY: FTSE 100 boosted by banks ahead of US inflation

(Alliance News) - The FTSE 100 in London was lifted by banking stocks heading into Wednesday afternoon, after the Bank of England's latest stress test showed the sector to be "resilient".

Read more
12 Jul 2023 09:27

LONDON BROKER RATINGS: UBS raises AstraZeneca; RBC cuts Bunzl

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

Read more
12 Jul 2023 08:45

LONDON MARKET OPEN: FTSE 100 higher as UK banks pass BoE stress tests

(Alliance News) - European markets were trading higher on Wednesday, in a sign of cautious optimism ahead of US inflation data.

Read more
12 Jul 2023 07:40

LONDON BRIEFING: UK banks pass stress test; Wetherspoon trades well

(Alliance News) - Stocks in London are called higher on Wednesday, ahead of US inflation data.

Read more
10 Jul 2023 16:22

Portugal's TAP says passenger traffic up 30% in first half of 2023

LISBON, July 10 (Reuters) - Portugal's state-owned airline TAP carried 7.58 million passengers in the first half of this year, a 30% increase from a year ago but still slightly below pre-pandemic levels even as tourist numbers have already exceeded those seen in 2019.

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.