Shares in International Consolidated Airlines reach for the sky
With little fanfare, shares in British Airways and Iberia owner International Consolidated Airlines Group (IAG) have climbed 25% over the last two months to hit a new 12-month high of 200p. In a surprise turn of events, the firm announced at the beginning of August it had terminated its agreement to buy the remaining 80% of Air Europa on the basis 'it would not be in the best interests of sharehol