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: 178.70
Bid: 178.65
Ask: 178.80
Change: 0.40 (0.22%)
Spread: 0.15 (0.084%)
Open: 178.75
High: 178.75
Low: 177.50
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
28 Aug 2023 20:14

UK air traffic issue fixed but flight disruption to continue

LONDON, Aug 28 (Reuters) - Britain's National Air Traffic Service (NATS) was hit by a technical problem for several hours on Monday, causing widespread disruption to flights in UK airspace that it said would continue for some time even though the issue was fixed.

Read more
28 Aug 2023 19:18

UPDATE: Dozens of flights cancelled after UK air traffic control fault

(Alliance News) - Hundreds of flights to and from the UK are estimated to have been cancelled this bank holiday, leaving passengers stranded, after an air traffic control failure.

Read more
28 Aug 2023 13:42

Airlines warn of delays as UK airspace hit by technical fault

(Alliance News) - Air passengers have been warned they face delays after UK air traffic control systems were hit by a technical fault.

Read more
28 Aug 2023 13:09

UK airspace hit by technical fault - National Air Traffic Services

(Alliance News) - UK airspace has been hit by a technical fault, the country's leading provider of air traffic control services said.

Read more
9 Aug 2023 15:32

Rising prices for travel yet to curb wanderlust

LONDON/CHICAGO/NEW YORK, Aug 9 (Reuters) - The post-pandemic travel boom and the high ticket prices that come with it show no signs of slowing well into next year, despite economic uncertainty and dwindling household savings.

Read more
9 Aug 2023 12:37

Rising prices for travel do not appear to be curbing wanderlust

LONDON/CHICAGO/NEW YORK, Aug 9 (Reuters) - The post-pandemic travel boom and the high ticket prices that come with it show no signs of slowing well into next year, despite economic uncertainty and dwindling household savings.

Read more
9 Aug 2023 10:09

Irish court pauses order for Dublin Airport to limit flights

DUBLIN, Aug 9 (Reuters) - Ireland's High Court has paused a local council order that would have forced Dublin Airport to limit daily flights between the hours of 11 p.m. and 7 a.m. from next month pending a full hearing on the matter.

Read more
9 Aug 2023 05:01

Rising prices for travel do not appear to be curbing wanderlust

LONDON/CHICAGO/NEW YORK, Aug 9 (Reuters) - The post-pandemic travel boom and the high ticket prices that come with it show no signs of slowing well into next year, despite economic uncertainty and dwindling household savings.

Read more
7 Aug 2023 13:09

Carriers face longer Africa flights, suspensions as Niger closes airspace

LONDON/GDANSK, Aug 7 (Reuters) - European carriers on Monday reported disruptions and suspended flights across the African continent after Niger's junta closed its airspace on Sunday.

Read more
5 Aug 2023 11:12

PRESS: IAG agree 13% pay rise for 24,000 staff - Financial Times

(Alliance News) - The Financial Times on Friday reported that International Consolidated Airlines Group SA has agreed a 13% pay rise for 24,000 staff.

Read more
3 Aug 2023 12:00

Sluggish return of business travelers forces US airlines to rejig their networks

CHICAGO, Aug 3 (Reuters) - U.S. airlines are enjoying strong leisure travel demand, but corporate travelers are still not back in full force, compelling airlines to restructure their networks to account for fewer people flying for business purposes.

Read more
3 Aug 2023 11:43

Holiday travel boom here to stay, says Lufthansa

BERLIN, Aug 3 (Reuters) - The boom in holiday travel shows no signs of ending, German airline group Lufthansa said on Thursday, as advance bookings for this winter and next year were already a double-digit percentage above the year-earlier level.

Read more
3 Aug 2023 10:25

Lufthansa bolstered by leisure travel demand, but costs bite

Lufthansa sees 2023 adj EBIT at more than 2.6 bln euros

*

Read more
3 Aug 2023 09:31

LONDON BROKER RATINGS: Berenberg raises Hochschild Mining to 'buy'

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

Read more
3 Aug 2023 06:01

Sluggish return of business travelers forces US airlines to rejig their networks

CHICAGO, Aug 3 (Reuters) - U.S. airlines are enjoying strong leisure travel demand, but corporate travelers are still not back in full force, compelling airlines to restructure their networks to account for fewer people flying for business purposes.

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.