focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar 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: 174.00
Ask: 188.00
Change: 0.00 (0.00%)
Spread: 14.00 (8.046%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 176.40
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-Heathrow tells UK: do passenger testing or lose 'quarantine roulette'

Wed, 29th Jul 2020 07:29

* Heathrow slams Britain over passenger testing

* Heathrow CEO: UK needs passenger testing fast

* Heathrow CEO: Europe is racing ahead

* British minister: there is no 'silver bullet'
(Adds British minister)

By Sarah Young and Paul Sandle

LONDON, July 29 (Reuters) - Heathrow Airport, Europe's
busiest airport, called on Britain to urgently introduce a
passenger testing regime, warning that without one it would lose
a game of global "quarantine roulette" coronavirus stalled
aviation.

The worst public health crisis since the 1918 influenza
outbreak has wrought economic turmoil across the world and just
as the travel industry restarted there are now fears of a second
wave of shutdowns after Britain imposed a quarantine on Spain.

"The UK needs a passenger testing regime and fast," Heathrow
CEO John Holland-Kaye said. "Without it, Britain is just playing
a game of quarantine roulette."

"Our European competitors are racing ahead with passenger
testing, if the UK doesn't act soon global Britain will be
nothing more than a campaign slogan," Holland-Kaye said.

British Prime Minister Boris Johnson has faced criticism for
being too slow to craft a nationwide testing programme, and the
government has bet heavily on a home testing approach that has
been dogged by delays.

Asked about such sharp criticism from the head of the
country's biggest airport, said there was no silver bullet.

"There's not a silver bullet of just testing immediately at
the border," Culture Secretary Oliver Dowden told the BBC. "It
can incubate over a period of time so there's not a silver
bullet of just testing immediately at the border."

Heathrow, along with airlines and the entire tourism
industry, is hurting.

Passenger numbers fell 96% in the second quarter while cargo
volumes fell over 30%. Revenue fell 85%. Heathrow, though, said
its finances remained robust.

It said it had enough cash to last until at least June 2021
with no revenue.

"We have agreed a waiver on financial covenants until the
end of 2021 and maintained our Investment Grade credit rating
status," it said.
(Editing by Guy Faulconbridge)

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.