The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just 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: 174.90
Bid: 174.15
Ask: 174.25
Change: 1.35 (0.78%)
Spread: 0.10 (0.057%)
Open: 173.30
High: 174.90
Low: 173.30
Prev. Close: 173.55
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 2-Britain's embattled aviation industry demands alternative to quarantine

Mon, 11th May 2020 08:06

* UK set to introduce quarantine on international arrivals

* 14-day quarantine seen introduced at end of the month

* Aviation industry warns will need more government help
(Adds detail, background, Manchester airports boss comment)

By Sarah Young

LONDON, May 11 (Reuters) - Britain's aviation industry
called on the government to find an alternative to quarantine
plans for international arrivals, or risk seeing airlines and
airports being dealt a fatal blow from the coronavirus pandemic.

Prime Minister Boris Johnson said on Sunday a quarantine
would soon be needed for people coming into the country by air
to prevent a second peak of the virus outbreak.

The new rules, which airlines have been told will be a
14-day quarantine period for most people arriving from abroad,
will deter travelling and destroy any hopes of a swift recovery
for an industry in crisis, said aviation bosses.

Airlines are already facing a battle to survive, with most
flights grounded since March due to travel restrictions to
contain the pandemic.

Heathrow Airport, which during normal times is Europe's
busiest airport but which saw passenger numbers plunge 97% in
April, called for common international standards to enable
passengers to travel freely between low risk counties once the
virus is under control.

That would allow borders to be re-opened, it said.

Meanwhile, easyJet, one of Britain's biggest
airlines, said any quarantine requirements must be short-lived
and replaced by a targeted regime allowing low-risk passengers
to travel easily.

MORE HELP

Airlines UK, which represents British Airways,
easyJet and other UK carriers, said quarantine measures would
lead to the industry requiring additional government support.

The industry body has already asked for Britain's job
retention scheme to be extended beyond June, and requested a
temporary suspension of some taxes airlines pay, such as air
passenger duty.

Bosses complained there was lack of clarity over how long
the new rules would last and how often they would be reviewed.

"It's inevitable that consumers will be confused by the
message, they will not be certain as to when they should book
their holidays," Manchester Airports Group Chief Executive
Charlie Cornish told BBC television.

Some destinations will be at an advantage, as travellers
from France will be exempt from the quarantine rules, while
airlines said the new rules wouldn't be applied to arrivals from
Ireland.

Britain's foreign minister Dominic Raab told BBC Radio there
would be exemptions from the rules but did not give details. He
said the government was aiming to bring in the quarantine from
the end of the month.

Critics have asked why it was not brought in sooner and how
it will be put into practise, given passengers could fly to
France and then cross into Britain via ferry or train.

Willie Walsh, the boss of British Airways parent company
IAG, is likely to comment on the new rules when he gives
evidence to parliament's transport committee later on Monday.
(Reporting by Sarah Young; editing by James Davey and Mark
Potter)

More News
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
23 Jan 2024 09:21

LONDON BROKER RATINGS: HSBC cuts Compass; Berenberg lowers Victrex

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

Read more
21 Jan 2024 18:15

Over 100 flights cancelled at Dublin airport due to storm

DUBLIN, Jan 21 (Reuters) - Airlines cancelled 102 flights in and out of Dublin airport on Sunday due to a storm that was forecast to rage for the rest of the day, the airport operator said.

Read more
17 Jan 2024 09:10

LONDON BROKER RATINGS: UBS cuts Shell, Admiral and M&G to 'neutral'

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

Read more
16 Jan 2024 17:01

IAG to offer remedies to EU for Air Europa deal

BRUSSELS, Jan 16 (Reuters) - British Airways owner IAG expects EU antitrust regulators to open a full-scale investigation into its plan to buy Spain's Air Europa and will offer remedies to address their concerns, IAG's chief executive said on Tuesday.

Read more
12 Jan 2024 15:39

London close: Stocks rise on positive UK economic data

(Sharecast News) - London's financial markets closed on a positive note today, buoyed by fresh data indicating that the UK economy had returned to growth in November.

Read more
12 Jan 2024 09:14

LONDON BROKER RATINGS: Goldman likes Glencore; BofA likes easyJet

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

Read more
5 Jan 2024 07:59

Ground staff at IAG-owned Iberia to strike from midnight

MADRID, Jan 4 (Reuters) - Ground staff at IAG-owned Iberia airlines will stage a four-day strike at Spanish airports from Friday, forcing the cancellation of hundreds of flights, after talks between unions and the company failed at a last-ditch meeting, the airline said.

Read more
21 Dec 2023 07:26

Ground service workers at Spain's Iberia postpone strike after New Year period

MADRID, Dec 21 (Reuters) - Unions for ground service workers at International Airlines Group-owned Iberia have postponed a strike at Spanish airports that was announced for the New Year period.

Read more
14 Dec 2023 13:32

Ground service workers at Spain's Iberia plan New Year strike

MADRID, Dec 14 (Reuters) - Unions for ground service workers at International Airlines Group-owned Iberia said on Thursday they plan to strike over the New Year period at Spanish airports.

Read more
14 Dec 2023 07:53

Spain airport ground service workers plan New Year strike, Iberia says

MADRID, Dec 14 (Reuters) - Labour unions representing ground service workers at Spanish airports plan to strike from late December into early January, Spain's Iberia, part of the International Airlines Group, said.

Read more
13 Dec 2023 14:22

Spanish airline Volotea to increase fleet to 45 jetliners in 2024

MADRID, Dec 13 (Reuters) - Spanish low-cost airline Volotea plans to increase its fleet to 45 commercial aircraft next year up from 41 now as it plans to expand its short- and medium- haul route network, a spokesperson said on Wednesday.

Read more
12 Dec 2023 17:16

Portugal's TAP expects slower but sound 2024 revenue growth, CEO says

LISBON, Dec 12 (Reuters) - Portugal's flag carrier TAP expects to deliver strong results again in 2024, though with more moderate revenue growth, which should maintain its attractiveness to potential buyers, CEO Luis Rodrigues said on Tuesday.

Read more
7 Dec 2023 16:59

LONDON MARKET CLOSE: Stocks mute as eyes turn to US jobs data

(Alliance News) - Stock prices across Europe were muted on Thursday, as investors cautiously eye the next set of US jobs data.

Read more
7 Dec 2023 15:03

London close: Stocks weaker as investors look to central banks

(Sharecast News) - London markets closed lower on Thursday as investors reacted to lacklustre Chinese trade data and the latest UK house price figures.

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.