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: 178.30
Bid: 178.20
Ask: 178.30
Change: 5.25 (3.03%)
Spread: 0.10 (0.056%)
Open: 174.65
High: 178.45
Low: 174.25
Prev. Close: 173.05
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-UK deals new blow to Spanish tourism, Spanish PM says London made an 'error'

Mon, 27th Jul 2020 11:44

* UK advises against travelling to Canary and Balearic
islands

* Sanchez says epidemiological data does not back quarantine
move

* UK's transport minister cuts short own Spanish holiday
(Updates with Sanchez, new UK decision)

By Joan Faus and Belén Carreño

MADRID, July 27 (Reuters) - Britain made a mistake when it
decided at the weekend to slap a quarantine on people travelling
from Spain, Prime Minister Pedro Sanchez said on Monday, saying
most of the Mediterranean country had a lower coronavirus
infection rate than the UK.

Sanchez was speaking just after Britain dealt a new blow to
any hopes of reviving Spain's tourism by extending guidance
advising against all non-essential travel, which already applied
to mainland Spain, to include the Balearic and Canary Islands.

"The error is to have looked at the incidence (of the virus)
in the country as a whole," Sanchez said in an interview with
Telecinco television.

The rebound in cases is focused in two regions, Catalonia
and Aragon, while "in the rest of the territories, the incidence
is much lower, (lower) even than that of the United Kingdom," he
said.

Last year, Britons made up over a fifth of foreign visitors
to Spain, which relies heavily on tourism.

The Socialist prime minister said the British government had
given Spain no heads up about the quarantine move.

Nevertheless, both teams are in touch and Madrid is trying
to persuade British Prime Minister Boris Johnson's government to
change its mind, Sanchez said, adding that the two governments
were "friends".

But the latest British move, announced shortly before
Sanchez's evening interview, did not bode well for Spain's
chances of getting the British government to change tack any
time soon.

While Madrid was focusing its efforts on getting the
Balearic and Canary Islands, which have a low coronavirus rate,
off the quarantine list, London instead decided to add them to
its guidance advising against all non-essential travel.

Earlier on Monday, Spain's hard-hit hotels had offered to
pay for foreign tourists to take coronavirus tests, in an effort
to lure back visitors worried by a fresh wave of cases and put
off by Britain's sudden imposition of a two-week quarantine.

Since ending its nationwide lockdown a month ago, Spain has
been grappling with a rapid proliferation of new cases.

The Health Ministry reported 6,361 new cases over the
weekend and said it was monitoring 361 clusters around the
country.

With most new infections concentrated in Catalonia and
Aragon and with several other regions having a lower infection
ratio than Britain, the blanket quarantine has been criticised
by tourism groups as disproportionate and impulsive.

Britain's transport minister cut short his own holiday in
Spain to return home to handle the fallout.

"The sooner I get back from Spain myself, the sooner I can
get through quarantine," Grant Shapps said on Monday.

(Reporting by Emma Pinedo, Nathan Allen, Belén Carreño and Joan
Faus; Additional reporting by Inti Landauro, Paola Luelmo,
Costas Pitas; Writing by Ingrid Melander; Editing by Gareth
Jones and Peter Cooney)

More News
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
16 Jan 2024 17:01

IAG to offer remedies to EU for Air Europa deal

BRUSSELS, Jan 16 (Reuters) - British Airways owner IAG expects EU antitrust regulators to open a full-scale investigation into its plan to buy Spain's Air Europa and will offer remedies to address their concerns, IAG's chief executive said on Tuesday.

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.