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: 178.65
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-South African flights disrupted after safety audit finds faults

Tue, 22nd Oct 2019 10:49

* Regulator conducted audit at SAA Technical

* Found unspecified irregularities

* SAA, Mango, Kulula.com, BA flights affected

* Corrective action needed on some aircraft

* Regulator accepts SAA Technical action plan
(Adds regulator, SAA, Mango comments)

By Alexander Winning

JOHANNESBURG, Oct 22 (Reuters) - South African Airways (SAA)
and British Airways partner Comair were forced to
reschedule at least a dozen domestic flights on Tuesday after a
safety inspection at SAA's maintenance subsidiary used by both
carriers found problems.

The South African Civil Aviation Authority (SACAA) said it
had inspected a few aircraft at South African Airways Technical
and issued a prohibition order until the faults had been fixed.

It did not disclose what the faults were or which aircraft
type was affected, citing confidentiality agreements.

The regulator said it had accepted a corrective action plan
by SAA's maintenance unit and that SAA and Comair's decision to
"self-ground" some aircraft was a precautionary measure.

"SAA understands that the inspection conducted by SACAA was
in accordance with its regulations and a necessary exercise to
ensure compliance and safety," said cash-strapped SAA, which is
dependent on government bailouts for its survival.

SAA said in a statement it had cancelled four domestic
flights but that it would combine flights and deploy bigger
aircraft to accommodate affected passengers. It did not specify
how many aircraft it had recalled.

SAA spokesman Tlali Tlali said no international flights had
been affected and would depart normally from Johannesburg's OR
Tambo airport on Tuesday evening.

SAA mainly operates Airbus aircraft on its
passenger routes, while subsidiary Mango Airlines operates
Boeing aircraft, he said.

Mango Airlines said there would be some delays on flights
throughout Tuesday.

Comair, which flies under both the British Airways and
kulula.com brands in southern Africa, said that as of 10:15 a.m.
local time (0815 GMT) a third of its services had been affected.

It said corrective action was needed on some of its aircraft
and that it expected its full fleet to be back in operation by
Wednesday morning.

At 1000 GMT kulula.com's website showed that eight domestic
flights had been rescheduled, one under the kulula.com brand and
seven under the British Airways brand. Comair operates Boeing
aircraft.
(Additional reporting by Nqobile Dludla
Editing by Jason Neely and Deepa Babington)

More News
28 Nov 2023 16:54

LONDON MARKET CLOSE: European stocks perk up but end day mixed

(Alliance News) - European equities closed off session lows during a mixed day on Tuesday, while stocks in New York went into the afternoon in the green, as comments from Federal Reserve officials cemented expectations that the US central bank has already enacted its last hike of the cycle.

Read more
22 Nov 2023 14:41

Aurrigo inks USD290,000 deal with IAG for Cincinnati airport in US

(Alliance News) - Aurrigo International PLC on Wednesday said that it has signed an agreement with International Consolidated Airlines Group SA for the deployment and demonstration of its autonomous aviation solutions.

Read more
21 Nov 2023 15:19

London close: Stocks slip ahead of FOMC minutes, Autumn Statement

(Sharecast News) - London stocks finished in the red on Tuesday as investors examined the latest UK borrowing data ahead of Wednesday's Autumn Statement.

Read more
21 Nov 2023 09:57

IN BRIEF: International Consolidated Airlines seeks to restore payouts

International Consolidated Airlines Group SA - Madrid-based owner of British Airways, Iberia, Vueling and Aer Lingus - Hosts capital markets day for institutional investors and analysts on Tuesday, saying its 2023 outlook remains unchanged. "We expect 2023 to be a year of strong recovery in our margins, operating profit and balance sheet and towards pre-Covid-19 levels of capacity," the company had said with its third-quarter results back in October.

Read more
21 Nov 2023 09:20

IAG reiterates commitment to resuming dividends

(Sharecast News) - British Airways owner IAG on Tuesday set out its medium-term targets and pledged its commitment to resume paying dividends once its balance sheet and investment plans are "secure".

Read more
17 Nov 2023 13:59

British Airways' green fuel project wins UK government backing

(Alliance News) - A partnership involving International Consolidated Airlines Group SA's British Airways to develop lower carbon aviation fuels has secured a share of new UK government funding.

Read more
15 Nov 2023 09:41

LONDON BROKER RATINGS: Deutsche likes Compass; Numis cuts Elementis

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

Read more
6 Nov 2023 16:59

LONDON MARKET CLOSE: Stocks fail to shine despite dovish sentiment

(Alliance News) - Stock prices in London closed mixed on Monday, whilst US markets opened higher, with investors continuing to digest hopes that interest rates have peaked.

Read more
6 Nov 2023 12:04

LONDON MARKET MIDDAY: Tepid start to new week as investors take stock

(Alliance News) - London's FTSE 100 drifted marginally lower heading into Monday afternoon in uncertain trade as investors reassess the near-term outlook for equity markets after a bullish week for stocks last week.

Read more
30 Oct 2023 09:40

LONDON BROKER RATINGS: Jefferies cuts NatWest to underperform from buy

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

Read more
27 Oct 2023 17:08

LONDON MARKET CLOSE: Poorly-received earnings weigh on European stocks

(Alliance News) - Stock prices in London closed mixed on Friday, hurt by share price falls for the banking sector, while investors also digested underwhelming earnings elsewhere and a US inflationary reading.

Read more
27 Oct 2023 12:06

LONDON MARKET MIDDAY: Oil majors lift FTSE 100 but banks fall

(Alliance News) - Stock prices in London were up at midday on Friday, as the FTSE 100 was led higher by oil majors, tracking a rise in the Brent price.

Read more
27 Oct 2023 09:18

TOP NEWS: BA-owner IAG has "record" quarter despite air traffic snafu

(Alliance News) - International Consolidated Airlines Group SA on Friday hailed a "record third-quarter performance" that provided money for investment and debt reduction.

Read more
27 Oct 2023 07:54

LONDON BRIEFING: NatWest notes "serious failings" in Farage findings

(Alliance News) - Stocks in London are set to open slightly higher on Friday, as investors wait for a key US inflation reading.

Read more
27 Oct 2023 07:07

IAG reports record third quarter as demand continues to recover

(Sharecast News) - British Airways owner IAG reported a record-breaking third-quarter operating profit of €1.745bn on Friday, marking a substantial increase from the €1.216bn reported in the same period of 2022.

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.