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 5-Britain, pressed by airlines, may ease rules for vaccinated travellers

Thu, 17th Jun 2021 00:27

* Ryanair launches legal action over restrictions

* UK may make changes for vaccinated travellers

* Airlines want unfettered travel for those vaccinated

* British Airways, other airlines shares rise

* Government policy reviews due later in June
(Adds Ryanair launch legal action)

By Alistair Smout and Sarah Young

LONDON, June 17 (Reuters) - Britain is considering easing
travel rules for double vaccinated people, a move that would
placate airlines which have launched legal action against the
government's curbs on trips abroad.
Airlines are desperate for restrictions to be relaxed in time
for July and the peak season when they make most profits, while
Britain has for now stuck to quarantine rules that deter travel.

Europe's biggest airline Ryanair teamed up with
Manchester Airports Group (MAG) to launch legal action against
Britain over its travel policy. Other airlines could join.

The pair filed papers for judicial review at England's High
Court at about 1200 GMT on Thursday, a spokesman for MAG said.

But Britain has indicated a possible relaxation, with the
Department for Transport saying on Thursday it was considering
how vaccinations could be used for inbound travel.

More than half of British adults have received both doses of
COVID-19 vaccine, putting it far ahead of Europe.

The Daily Telegraph reported Britain was looking to follow
the European Union's move to allow fully vaccinated tourists to
avoid COVID-19 tests and quarantine from July.

"We have commenced work to consider the role of vaccinations
in shaping a different set of health and testing measures for
inbound travel," a government spokesperson said on Thursday.

Shares in airline stocks jumped on hopes of rule changes.
Ryanair and British Airways-owned IAG were up 3%, while
easyJet and holiday group TUI were 4% higher. Jet2
rose 5%.

Peel Hunt analyst Alex Paterson said the government's more
open minded approach represented progress for an industry which
has endured more than 15 months of depressed revenues.

"From the point of view of sentiment that they're saying
they're going to look at this, that is good news," he said.

'OPAQUE' SYSTEM

Ryanair and other airlines have repeatedly called on the
government to allow vaccinated travellers to avoid quarantine,
as well as urging an easing of restrictions to some lower risk
countries like Malta and Spanish and Greek islands.

EasyJet said it was supportive of legal action and would
monitor its progress.

Ryanair's boss Michael O'Leary has said Britain's travel
policy was "a shambles", describing it as an "opaque" system
classifying destinations as green, amber or red, with each
colour carrying progressively tougher rules related to testing
and quarantine.

The government delayed fully reopening the domestic economy
on Monday due to rising infections. But industry hopes have
grown with indications Britain may now soften its stance on
travel.

"This is very welcome news and should represent a meaningful
restart to international travel in the very near future," Jet2
chief executive Steve Heapy said on Thursday.

The safe list of 'green' destinations is due to be updated
on June 24 and the government said in April it would review
travel policy before the end of June.

Jesse Norman, financial secretary to the Treasury, told Sky
News on Thursday that nothing was ruled out on travel rules.

"We are trying to move cautiously and progressively in the
right direction so I wouldn't write anything off at this point,"
he said.

Britain allowed international travel to resume in May, but
nearly all major destinations like Spain, France, Italy and the
United States were left off the 'green' safe list. Those
visiting 'amber' countries must quarantine for 10 days on their
return and take multiple tests. 'Red' countries have tougher
rules.

(Reporting by Alistair Smout and Sarah Young in London and
Akriti Sharma and Juby Babu in Bengaluru; Editing by Guy
Faulconbridge, Raissa Kasolowsky and Edmund Blair)

More News
5 Apr 2024 19:38

UK Border Force officers suspend Heathrow Airport strike action plan

LONDON, April 5 (Reuters) - UK Border Force officers at Heathrow Airport, Britain's busiest hub, have suspended the strike action they were due to take for four days from April 11 in a dispute over working conditions, a trade union said on Friday.

Read more
5 Apr 2024 15:22

London close: Stocks finish lower as US payrolls top forecasts

(Sharecast News) - London markets closed lower on Friday amid a backdrop of heightened investor caution, following robust US job data for March, hawkish remarks from Federal Reserve officials, and escalating tensions in the Middle East.

Read more
28 Mar 2024 16:49

UK Border Force officers at Heathrow airport to take strike action

LONDON, March 28 (Reuters) - More than 600 UK Border Force officers at Heathrow Airport, Britain's busiest hub, will take strike action for four days from April 11 in a dispute over working conditions, the PCS trade union said on Thursday.

Read more
27 Mar 2024 10:28

JPMorgan puts IAG on 'positive catalyst watch' ahead of Q1 results

(Sharecast News) - JPMorgan Cazenove placed shares of BA and Iberia owner IAG on 'positive catalyst watch' on Wednesday ahead of first-quarter results and following minor changes to estimates published yesterday.

Read more
27 Mar 2024 09:40

LONDON BROKER RATINGS: Sainsbury's, Petershill Partners upped to 'buy'

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

Read more
21 Mar 2024 16:33

London close: Stocks rise as BoE keeps rates on hold

(Sharecast News) - London markets closed higher on Thursday, sustaining gains after the Bank of England adhered to expectations by maintaining interest rates at a 16-year high.

Read more
21 Mar 2024 09:27

LONDON BROKER RATINGS: UBS cuts Entain; RBC raises IAG

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

Read more
21 Mar 2024 09:09

RBC Capital upgrades IAG to 'outperform'

(Sharecast News) - RBC Capital Markets upgraded BA and Iberia owner IAG on Thursday to 'outperform' from 'sector perform' and lifted the price target to 220p from 200p.

Read more
21 Mar 2024 07:52

LONDON BRIEFING: Stocks called up thanks to New York rally

(Alliance News) - Stocks in London are to open higher on Thursday, after a global equity market rally following the latest interest rate call from the US Federal Reserve.

Read more
15 Mar 2024 15:07

London close: Stocks finish mixed after Reckitt compo blow

(Sharecast News) - London's equity markets finished in a mixed state at the end of a quiet trading session on Friday, after another hotter-than-expected US inflation reading overnight.

Read more
6 Mar 2024 15:02

London close: Stocks finish higher after Hunt's Spring Budget

(Sharecast News) - London's stock markets closed in positive territory on Wednesday, as investors absorbed the Chancellor's Spring Budget announcement of a 2p reduction in National Insurance.

Read more
6 Mar 2024 14:05

Tax rise outlined in UK budget for air passengers in premium cabins

(Alliance News) - Airline passengers travelling in premium cabins will be hit by a UK tax hike.

Read more
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

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.