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: 163.50
Bid: 163.70
Ask: 163.80
Change: -3.55 (-2.13%)
Spread: 0.10 (0.061%)
Open: 167.15
High: 167.15
Low: 162.85
Prev. Close: 167.05
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-We need to build back trust, Spain says after UK quarantine blow

Mon, 27th Jul 2020 11:44

(Adds tourism minister, Catalonia, Ryanair)

By Emma Pinedo and Nathan Allen

MADRID, July 27 (Reuters) - Spain said on Monday it hoped to
convince Britain to exempt the Balearic and Canary islands from
a sudden quarantine, and other Spanish regions said they also
felt unfairly penalised by the sweeping British move.

Britain on Saturday shocked Madrid, and holidaymakers, with
an unexpected 14-day quarantine on travellers coming from Spain,
citing a sudden jump in COVID-19 cases, in a blow to a tourist
season already hanging on by a thread.

"We are sailing through waters whose maps and
characteristics are unknown to us, what we have to do is to
regain that confidence and that element of security that is
essential for tourist activity", Agriculture Minister Luis
Planas told Antena 3 TV station.

Since ending its nationwide lockdown a month ago, Spain has
been grappling with a rapid proliferation of new cases, with the
infection rate approaching 1,000 a day by the end of last week.

However, with the bulk of new clusters concentrated around
the northeastern regions of Catalonia and Aragon, Britain's
blanket quarantine has been criticised as disproportionate.

While Catalan leader Quim Torra warned on Monday that
stricter restrictions could be needed if the local outbreak
continued to expand, other regions felt they had been unfairly
penalised.

'A BADLY MANAGED OVERREACTION'

"What we'd like is for quarantines to be lifted on the
islands as early as possible, and we hope it will be today
rather than tomorrow," Tourism Minister Reyes Maroto said.

Authorities in Andalusia, home to the tourism-dependent
Costa del Sol, and Valencia, which includes the popular Benidorm
resort, were also seeking exemptions.

"Our epidemiological data are better than the UK's,"
Valencian regional leader Ximo Puig told Cadena Ser radio. "I
don't understand why you would make a decision like this with
such a broad brushstroke."

Tour operators, airlines and hotel groups, already
struggling after the pandemic brought global air travel to a
virtual standstill, have also hit back at the measure.

Budget carrier Ryanair's Chief Executive Michael
O'Leary derided the UK move as a "badly managed overreaction".

Melia Hotels and NH hotels shares plunged
around 6% and 5% respectively on Monday morning, while other
tourism related stocks like British Airways parent company IAG
, or the online travel group Edreams Odigeo
shares were down more than 8.5% and 6.6%, respectively.
(Reporting by Emma Pinedo
Additional reporting by Inti Landauro and Conor Humphries
Writing by Nathan Allen
Editing by Ingrid Melander and Philippa Fletcher)

More News
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
7 Jul 2023 11:37

China's airlines set sights on Spain, adding more flights

MADRID, July 7 (Reuters) - Chinese airlines have upped the number of weekly flights to Spain by more than five times since the end of China's zero-COVID policy in December, filling most of the gap left by European rivals due to a ban on flying over Russia.

Read more
6 Jul 2023 13:29

Spain's election brings clouds over fiscal consolidation

German industrial orders rose more than expected

*

Read more
6 Jul 2023 12:05

European companies might turn to India more: GS

Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at

EUROPEAN COMPANIES MIGHT TURN TO INDIA MORE: GS (1105 GMT)

Read more
6 Jul 2023 11:39

UK bank provisions "likely contained" in face of mortgage delinquencies - JPM

Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at

UK BANK PROVISIONS "LIKELY CONTAINED" IN FACE OF MORTGAGE DELINQUENCIES - JPM (1009 GMT)

Read more
6 Jul 2023 09:28

Sectors flash red as STOXX stays risk-off

Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at

SECTORS FLASH RED AS STOXX STAYS RISK-OFF (0820 GMT)

Read more
28 Jun 2023 09:06

LONDON BROKER RATINGS: Admiral on JPMorgan 'negative catalyst watch'

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

Read more
28 Jun 2023 07:57

LONDON BRIEFING: Stocks called up; boohoo has concerns with Revolution

(Alliance News) - Stocks in London were called to open higher on Wednesday after surprisingly resilient economic data for the world's largest economy on Tuesday helped lift market mood.

Read more
26 Jun 2023 11:39

IAG's interest in Portugal's TAP depends on privatisation conditions -CEO

MADRID, June 26 (Reuters) - British Airways and Iberia owner IAG may be interested in acquiring Portugal's state-owned airline TAP if conditions are right, its Chief Executive Luis Gallego said 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.