The Notebook: Falling fares spell trouble for airlines while Big Tech set for monster quarter victoria scholar Where the City’s movers and shakers get a few things off their chest. Today, it’s Victoria Scholar, head of investment at Interactive Investor, with the pen, talking airline stocks, Big Tech earnings season and her summer listening picks Turbulence at Ryanair, BA and Easyjet Airline stocks are having a turbulent time. Just on Monday, shares [...]
Week ahead: JD Wetherspoons, BP, IAG and more train strikes Week ahead The week ahead will also reveal Halifax's house price index, PMI construction figures and an interest rate decision from the Bank of England.
British Airways owner IAG pledges to reinstate dividend as travel bounces back Travel British Airways owner IAG has pledged to reinstate its dividend for the first time since the pandemic as travel demand soars.
British Airways’ profits take off as IAG enjoys bumper summer October 27, 2023 British Airways-owner IAG has posted record-level third quarter results as demand for European holidays flies up and fuel costs dip.
IAG: British Airways owner set to report £1.3bn profit but Israel-Gaza conflict sparks concern October 22, 2023 The IAG is set to report £1.6bn profit on Friday, but conflict in Israel and air traffic disruption could hinder its share price rally.
IAG: Is this the week that British Airways owner’s share price takes off? May 1, 2023 The aviation industry will be looking ahead to British Airways owner IAG’s quarterly results this week, as the airline conglomerate looks to close in on pre-pandemic profits. Analysts at HSBC expect IAG to report this Friday that capacity sits at 96 per cent compared to pre-Covid levels in 2019. The group has been eyeing a [...]
British Airways: Owner IAG shells out £352m to sweep up remainder of Spanish carrier February 24, 2023 British Airways’ owner International Airlines Group (IAG) will pay €400m (£352m) to Spanish firm Globalia for the remaining 80 per cent stake of its Air Europa carrier. IAG said the move will allow it to tap into the Latin America and Caribbean market as well as to increase ties to Asia. The owner of Britain’s [...]
British Airways owner IAG’s profits soar as leisure demand booms October 28, 2022 British Airways owner IAG is back in the black with a profit after tax of €853m (£736m), as leisure revenue has recovered to pre-pandemic glory. The London-listed firm swung into profit in its third quarter results – ahead of market expectations – after posting a 2021 loss of €574m. IAG’s overall passenger capacity plans are [...]
BA owner IAG expects £1bn profit due to strong summer October 13, 2022 British Airways’ owner IAG expects its pre-exceptional operating profit for the third quarter to be around €1.2bn (£1bn) after better than expected trading. The airline consortium said strong passenger revenue drove profits while forward bookings remained at expected levels, showing no signs of slowing down. Shares went up as high as 10 per cent following [...]
IAG boss predicts all group airlines will return to profit this year September 21, 2022 All of IAG’s subsidiary airlines will post profit this year, according to the group’s chief executive Luis Gallego. “We foresee all the airlines of the group to make profits again this year,” the chief executive told journalists on Wednesday while refraining from elaborating on specific carriers. IAG owns British Airways (BA), Iberia and Aer Lingus, [...]