The latest Investing Matters Podcast episode with multi-award-winning fund manager and international bestselling author Lee Freeman-Shor has just been released. Listen 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: 174.65
Bid: 174.20
Ask: 174.30
Change: 1.30 (0.75%)
Spread: 0.10 (0.057%)
Open: 173.65
High: 176.20
Low: 172.55
Prev. Close: 173.35
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 1-We need to build back trust, Spain says after UK quarantine blow

Mon, 27th Jul 2020 11:44

(Adds tourism minister, Catalonia, Ryanair)

By Emma Pinedo and Nathan Allen

MADRID, July 27 (Reuters) - Spain said on Monday it hoped to
convince Britain to exempt the Balearic and Canary islands from
a sudden quarantine, and other Spanish regions said they also
felt unfairly penalised by the sweeping British move.

Britain on Saturday shocked Madrid, and holidaymakers, with
an unexpected 14-day quarantine on travellers coming from Spain,
citing a sudden jump in COVID-19 cases, in a blow to a tourist
season already hanging on by a thread.

"We are sailing through waters whose maps and
characteristics are unknown to us, what we have to do is to
regain that confidence and that element of security that is
essential for tourist activity", Agriculture Minister Luis
Planas told Antena 3 TV station.

Since ending its nationwide lockdown a month ago, Spain has
been grappling with a rapid proliferation of new cases, with the
infection rate approaching 1,000 a day by the end of last week.

However, with the bulk of new clusters concentrated around
the northeastern regions of Catalonia and Aragon, Britain's
blanket quarantine has been criticised as disproportionate.

While Catalan leader Quim Torra warned on Monday that
stricter restrictions could be needed if the local outbreak
continued to expand, other regions felt they had been unfairly
penalised.

'A BADLY MANAGED OVERREACTION'

"What we'd like is for quarantines to be lifted on the
islands as early as possible, and we hope it will be today
rather than tomorrow," Tourism Minister Reyes Maroto said.

Authorities in Andalusia, home to the tourism-dependent
Costa del Sol, and Valencia, which includes the popular Benidorm
resort, were also seeking exemptions.

"Our epidemiological data are better than the UK's,"
Valencian regional leader Ximo Puig told Cadena Ser radio. "I
don't understand why you would make a decision like this with
such a broad brushstroke."

Tour operators, airlines and hotel groups, already
struggling after the pandemic brought global air travel to a
virtual standstill, have also hit back at the measure.

Budget carrier Ryanair's Chief Executive Michael
O'Leary derided the UK move as a "badly managed overreaction".

Melia Hotels and NH hotels shares plunged
around 6% and 5% respectively on Monday morning, while other
tourism related stocks like British Airways parent company IAG
, or the online travel group Edreams Odigeo
shares were down more than 8.5% and 6.6%, respectively.
(Reporting by Emma Pinedo
Additional reporting by Inti Landauro and Conor Humphries
Writing by Nathan Allen
Editing by Ingrid Melander and Philippa Fletcher)

More News
28 Feb 2023 13:26

Liberum ups IAG price target, reiterates 'buy' after results

(Sharecast News) - Liberum lifted its price target on BA and Iberia owner IAG on Tuesday following recent annual results.

Read more
28 Feb 2023 09:27

LONDON BROKER RATINGS: JPMorgan cuts Mondi; Rolls-Royce raised

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

Read more
27 Feb 2023 09:26

LONDON BROKER RATINGS: Citi cuts Quilter to 'sell'; Goldman likes GSK

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

Read more
24 Feb 2023 17:20

FTSE 100 posts worst week of the year, Cineworld plunges over 40%

Wall St drops after hot inflation data

*

Read more
24 Feb 2023 17:06

European shares post biggest weekly fall of 2023 as rate hike fears return

Euro zone bond yields rebound after hot U.S. inflation data

*

Read more
24 Feb 2023 16:53

LONDON MARKET CLOSE: Stocks fall after key US inflation gauge picks up

(Alliance News) - Stocks in London closed in the red on Friday after a closely-watch gauge of US inflation accelerated in January, keeping pressure on the US Federal Reserve to maintain a hawkish stance on interest rates.

Read more
24 Feb 2023 14:40

Peel Hunt says IAG results 'positive all around', stays at 'hold'

(Sharecast News) - Peel Hunt analysts described International Consolidated Airlines Group's latest full-year figures as "positive all around" but stuck to their 'hold' recommendation on the shares and 135.0p target price.

Read more
24 Feb 2023 14:38

Peel Hunt says IAG results 'positive all around', stays at 'hold'

(Sharecast News) - Peel Hunt analysts described International Consolidated Airlines Group's latest full-year figures as "positive all around" but stuck to their 'hold' recommendation on the shares and 135.0p target price.

Read more
24 Feb 2023 14:38

Peel Hunt says IAG results 'positive all around', stays at 'hold'

(Sharecast News) - Peel Hunt analysts described International Consolidated Airlines Group's latest full-year figures as "positive all around" but stuck to their 'hold' recommendation on the shares and 135.0p target price.

Read more
24 Feb 2023 13:41

owner IAG dragged down by debt despite return to profit

Forecast operating profit around 2 billion euros

*

Read more
24 Feb 2023 12:00

LONDON MARKET MIDDAY: Stocks upbeat ahead of US inflation data

(Alliance News) - Stock prices in London were higher at midday on Friday as investor sentiment was boosted by a surprise up tick in UK consumer confidence, ahead of a key piece of US inflation data.

Read more
24 Feb 2023 09:01

LONDON MARKET OPEN: FTSE 100 higher before US inflation print

(Alliance News) - European markets were higher at Friday's open, though trading was somewhat tentative ahead of a key inflation print from the US.

Read more
24 Feb 2023 08:28

TOP NEWS: British Airways owner IAG swings to 2022 profit

(Alliance News) - International Consolidated Airlines Group SA on Friday said it swung to a profit in 2022, led by higher passenger numbers, as more took to the skies after Covid-19 curbs eased.

Read more
24 Feb 2023 07:55

LONDON BRIEFING: IAG swings to profit; German GDP falls

(Alliance News) - Stocks in London were called higher on Friday, ahead of a key inflation reading in from the US.

Read more
23 Feb 2023 21:54

UPDATE: IAG announces acquisition of Air Europa for EUR500 million

(Alliance News) - International Consolidated Airlines Group SA, parent company of British Airways and Iberia, on Thursday announced the acquisition of Air Europa for EUR500 million from the Spanish company Globalia.

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.