The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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: 178.65
Bid: 178.70
Ask: 178.80
Change: 0.35 (0.20%)
Spread: 0.10 (0.056%)
Open: 178.75
High: 181.20
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 2-Sales of grounded Boeing 737 MAX gather pace at Dubai Airshow

Tue, 19th Nov 2019 07:22

(Adds detail)

By Ankit Ajmera and Alexander Cornwell

DUBAI, Nov 19 (Reuters) - Boeing's 737 MAX took
centre stage at the Dubai Airshow on Tuesday as airlines
announced plans to order up to 50 of the jets worth $6 billion
at list prices despite a global grounding in place since March.

Kazakhstan flag carrier Air Astana said it had signed a
letter of intent to order 30 Boeing 737 MAX 8 jets for its Fly
Arystana subsidiary.

Air Astana, which operates Airbus and Embraer
jets in its main network, said it was confident in
Boeing's ability to resolve problems with the MAX.

Global regulators banned commercial flights of Boeing's
fastest-selling jet in March after two fatal accidents.

Plans for the jet's return to commercial service have been
pushed back to early 2020 as Boeing finalises software and
training revisions that need regulatory approval.

"We are making flying affordable for the people of
Kazakhstan," Air Astana Chief Planning Officer Alma Aliguzhinova
told reporters, adding that budget carrier Fly Arystana would
start taking the jets in late 2021.

The airline plans to hold 15 aircraft directly and may
finance the rest through a lease transaction, she said, adding
that Air Astana would not change the composition of its main
fleet.

Separately, another airline signed a firm order for 10
Boeing 737 MAX 7 and 10 Boeing MAX 10 jets, a person familiar
with the matter said. The airline's name was not disclosed.

Boeing has used the past two major industry events to try to
secure market momentum for the grounded MAX, which is seen as
key to the planemaker's financial health over the coming decade.

A letter of intent between Boeing and British Airways owner
IAG for 200 jets, which grabbed the spotlight at the
Paris Airshow in June, has yet to be finalised as the European
holding company discusses the fleet change with subsidiaries
that currently use Airbus for medium-haul operations.

In other business coinciding with the largest Middle East
air show on Tuesday, Saudi budget airline Flynas agreed to buy
long-range A321XLR jets.

The airline's chief executive had said on Monday that Flynas
was in talks to exercise purchasing options for some or all of
40 Airbus A320neo narrowboday jets.

Airbus unveiled a provisional order in Dubai for 8 of its
small A220 jets from Air Senegal. Britain's easyJet
exercised options for 12 more Airbus A320neo aircraft.

Also coinciding with the show, leasing giant GECAS was
expected to confirm an order for 25 Airbus planes, including 12
A330neo jets powered by engines from Rolls-Royce, a
competitor to GECAS parent company General Electric.

However, there were no immediate signs that Dubai's Emirates
was ready to finalise a provisional order for 40 Boeing 787
Dreamliners, part of a complex set of interlocking deals driving
fleet changes at the world's largest international airline.

The fate of the order hinges on negotiations over the larger
Boeing 777X, for which Emirates is the largest customer.
Emirates has indicated it wants to restructure the order after
delays and sources say it could use the pending 787 deal as
leverage.
(Writing by Tim Hepher
Editing by Jason Neely and David Goodman)

More News
3 May 2024 13:37

UK earnings, trading statements calendar - next 7 days

Monday 6 May 
no events scheduled 
Tuesday 7 May 
Arecor Therapeutics PLCFull Year Results
BP PLCQ1 Results
Ebiquity PLCFull Year Results
IWG PLCTrading Statement
Kosmos Energy LtdQ1 Results
MaxCyte IncQ1 Results
Trident Royalties PLCTrading Statement
Vaalco Energy IncQ1 Results
Wednesday 8 May 
Alliance Pharma PLCFull Year Results
boohoo group PLCFull Year Results
Brighton Pier Group PLCFull Year Results
Cornerstone FS PLCFull Year Results
HydrogenOne Capital Growth PLCTrading Statement
JD Wetherspoon PLCTrading Statement
Light Science Technologies Holdings PLCFull Year Results
OSB Group PLCTrading Statement
Renishaw PLCTrading Statement
Thursday 9 May 
Balfour Beatty PLCTrading Statement
Derwent London PLCTrading Statement
Flutter Entertainment PLC Trading Statement
Harbour Energy PLCTrading Statement
IMI PLCTrading Statement
ITV PLCTrading Statement
John Wood Group PLCTrading Statement
Rathbones Group PLCTrading Statement
Spire Healthcare Group PLCTrading Statement
Synthomer PLCTrading Statement
Wheaton Precious Metals CorpQ1 Results
Friday 10 May 
CRH PLCQ1 Results
International Consolidated Airlines Group SAQ1 Results
Rightmove PLCTrading Statement
TBC Bank Group PLCQ1 Results
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
19 Apr 2024 16:56

London close: Stocks mixed as investors watch Middle East newsflow

(Sharecast News) - London's stock markets closed in a mixed state on Friday as traders kept a close watch on escalating tensions in the Middle East.

Read more
19 Apr 2024 12:02

LONDON MARKET MIDDAY: Stocks down on Israel attack on Isfahan, Iran

(Alliance News) - Stock prices in London were down at midday on Friday, as equity sentiment suffered by worries of a conflict escalation between Iran and Israel, after Iranian state media reported explosions in the province of Isfahan.

Read more
19 Apr 2024 08:49

LONDON MARKET OPEN: European stocks slump amid Middle East escalation

(Alliance News) - London's FTSE 100 traded lower in early exchanges, with sentiment hurt by worries of a conflict escalation in the Middle East, after state media in Iran reported explosions.

Read more
18 Apr 2024 16:52

LONDON MARKET CLOSE: Stocks recover some of recent Fed talk losses

(Alliance News) - Stock prices in London closed up on Thursday, despite the prospect of higher for longer US interest rates hanging over stocks, while initial jobless claims for the week came in steady.

Read more
18 Apr 2024 12:02

LONDON MARKET MIDDAY: FTSE 100 up despite hawkish Fed rates outlook

(Alliance News) - Stock prices in London were higher on Thursday afternoon, despite the prospect of higher for longer US interest rates hanging over stocks.

Read more
18 Apr 2024 08:59

LONDON MARKET OPEN: Europe up as overlooks New York tech sell-off

(Alliance News) - Stock prices in London opened higher on Thursday, with the FTSE 100 supported by some promising corporate updates.

Read more
15 Apr 2024 15:39

London close: Stocks slip on renewed geopolitical tensions

(Sharecast News) - London's equity markets markets experienced a downturn on Monday, with losses particularly notable in the mining and oil sectors, as investors remained cautious amid to escalating geopolitical tensions in the Middle East.

Read more
12 Apr 2024 17:28

FTSE 100 sets near record close as commodity stocks shine

FTSE 100 up 0.9%, FTSE 250 off 0.3%

*

Read more
12 Apr 2024 16:56

LONDON MARKET CLOSE: Miners lift FTSE 100 but sea of red elsewhere

(Alliance News) - London's FTSE 100 defied a tricky day for wider markets, as its miners and oil producers shone, while the dollar was supported as odds of the US Federal Reserve enacting three interest rate cuts this year dwindle.

Read more
11 Apr 2024 16:53

LONDON MARKET CLOSE: Dwindling US Fed cut hope unnerves markets

(Alliance News) - Stock prices in London closed lower on Thursday, with a hawkish interest rate outlook for the Federal Reserve and geopolitical tensions hurting investor enthusiasm.

Read more
11 Apr 2024 15:56

London close: Stocks finish lower as ECB stands pat

(Sharecast News) - London's stock markets finished in negative territory on Thursday, as investors reacted to the European Central Bank's latest policy announcement and a producer price index release in the United States.

Read more
10 Apr 2024 14:46

Portugal's new government vows to keep balanced budgets, privatise TAP

LISBON, April 10 (Reuters) - Portugal's new minority government will maintain balanced budgets, keep reducing the country's public debt and carry out a long-planned privatisation of flag carrier TAP, it said in its inaugural legislative programme on Wednesday.

Read more
8 Apr 2024 17:03

LONDON MARKET CLOSE: Miners and airlines in demand as FTSE 100 climbs

(Alliance News) - Investors bought in London on Monday, as the FTSE 100 rose with gold hitting a new high before fading, airlines and miners were in demand, while Entain prospered on bid speculation.

Read more
6 Apr 2024 18:59

Two planes at Heathrow Airport collide on the ground

LONDON, April 6 (Reuters) - The wingtip of an empty Virgin Atlantic jet collided with a stationary British Airways airliner while being towed from a stand at London's Heathrow Airport on Saturday, the airlines said.

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.