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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: 163.85
Bid: 164.15
Ask: 164.25
Change: -4.35 (-2.59%)
Spread: 0.10 (0.061%)
Open: 168.90
High: 169.65
Low: 163.00
Prev. Close: 168.20
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PRESS: IAG Mulling Legal Action Against UK Government Quarantine Plans

Fri, 05th Jun 2020 11:03

(Alliance News) - International Consolidated Airlines Group SA is considering mounting legal action against the UK government over its planned 14-day quarantine for all new arrivals, Sky News reported on Friday.

Willie Walsh, chief executive of British Airways owner IAG, told Sky News that he is reviewing the matter with lawyers.

Walsh told the broadcaster: "We think it is irrational, we think it is disproportionate and we are giving consideration to a legal challenge to this legislation."

https://news.sky.com/story/iag-chief-calls-for-unions-to-engage-so-british-airways-can-have-a-future-12000804

Home Secretary Priti Patel on Wednesday defended the plans, which require most people arriving in the UK to quarantine for 14 days.

The government is under pressure after being warned that the measures - which are due to come into force on Monday - will cause huge damage to the travel sector, already beleaguered due to the coronavirus outbreak.

IAG shares were 11% higher at 319.25 pence each in London on Friday morning.

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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