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
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
23 Jan 2024 09:21

LONDON BROKER RATINGS: HSBC cuts Compass; Berenberg lowers Victrex

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

Read more
21 Jan 2024 18:15

Over 100 flights cancelled at Dublin airport due to storm

DUBLIN, Jan 21 (Reuters) - Airlines cancelled 102 flights in and out of Dublin airport on Sunday due to a storm that was forecast to rage for the rest of the day, the airport operator said.

Read more
17 Jan 2024 09:10

LONDON BROKER RATINGS: UBS cuts Shell, Admiral and M&G to 'neutral'

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

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.