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Pin to quick picksInternational Airlines Share News (IAG)

Share Price Information for International Airlines (IAG)

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Share Price: 169.30
Bid: 169.30
Ask: 169.40
Change: -1.90 (-1.11%)
Spread: 0.10 (0.059%)
Open: 170.60
High: 171.25
Low: 167.50
Prev. Close: 171.20
IAG Live PriceLast checked at -

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UPDATE 3-UK's new travel testing plan will boost flying, minister says

Wed, 14th Oct 2020 12:34

(Adds BA comment)

By Sarah Young

LONDON, Oct 14 (Reuters) - Britain's transport minister said
on Wednesday that his coronavirus testing plans would get more
people flying in the months ahead, sounding an optimistic note
at a time when travel companies are struggling to survive.

A 14-day quarantine for arrivals from most countries could
be replaced by an as-yet unspecified shorter isolation period
followed by a negative test result under plans that Transport
Minister Grant Shapps set out last week.

"I believe the measures I've outlined will result in
significantly more people flying in the months ahead," Shapps
told a virtual ABTA travel industry association event.

Airlines have cut back their already anaemic flying
schedules for autumn due to mounting travel restrictions in
Europe.

Shapps said the government was working hard to get the new
arrivals regime in place and much of the work had already been
done, with another approach also being considered for
pre-departure testing. Final details due in early November.

British Airways said in a statement it backed pre-flight
testing, "where travellers arriving in the UK all have a
negative test up to 72 hours before flying".

But the International Air Transport Association has said the
plan does not go far enough, because 80% of travellers will not
fly it there is any quarantine in place.

Virgin Atlantic chief executive Shai Weiss told the event
that a travel testing regime was urgently needed.

After a 1.2 billion pound rescue and nearly 5,000 job cuts,
Virgin is prepared for a severe downturn which continues into
next year, but he warned that beyond that there would be airline
failures.

"At some point if borders do not open up ... there's only a
certain amount of time that you can survive," Weiss said.

ABTA, representing 4,300 UK travel brands, urged the
government to provide more support. Shapps said his focus was on
enabling travel through "test and release".

He said a recovery plan for the aviation industry would be
set out later this autumn.
(Reporting by Sarah Young; editing by Kevin Liffey/Jane
Merriman and Emelia Sithole-Matarise)

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5 May 2023 09:42

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IAG first-quarter results better than expected

*

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5 May 2023 09:10

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5 May 2023 08:47

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5 May 2023 07:21

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5 May 2023 07:08

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28 Apr 2023 15:40

UK earnings, trading statements calendar - next 7 days

Monday 1 May 
no events scheduled 
Tuesday 2 May 
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Aston Martin Lagonda Global Holdings PLCQ1 Results
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Coca-Cola HBC AGTrading Statement
Flutter Entertainment PLCTrading Statement
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Lords Group Trading PLCFull Year Results
Metro Bank PLCTrading Statement
Permanent TSB Group Holdings PLCTrading Statement
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TI Fluid Systems PLCTrading Statement
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BAE Systems PLCTrading Statement
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Derwent London PLCTrading Statement
e-Therapeutics PLCFull Year Results
Glanbia PLCQ1 Results
IMI PLCTrading Statement
Mondi PLCTrading Statement
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Copyright 2023 Alliance News Ltd. All Rights Reserved.

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Jet2 invests in sustainable fuel plant as airlines seek to meet 2030 targets

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UK's Heathrow, airlines appeal regulator's landing fee cut

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19 Apr 2023 09:53

UK's Heathrow Airport to appeal regulator's cut to landing fees

LONDON, April 19 (Reuters) - Heathrow Airport, Britain's busiest hub, said on Wednesday it had launched an appeal against a ruling by the airport regulator that it must cut the fees it charges airlines between 2024-2026.

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13 Apr 2023 14:44

European airlines lay groundwork for potential bids for Portugal's TAP

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