International Consolidated Airlines Group Shares News & Articles

Market report: Brexit frustration and dividends drag on UK markets, while WH Smith profits fail to inspire

UK stocks are in modest decline in early trade on Thursday as investors come to terms with the can being kicked down the road again on a Brexit outcome following last night’s extension to the end of October. Many businesses may be breathing a sigh of relief at a possible side-stepping of a more draconian deal. Travel stocks are certainly leading the charge, with budget airline EasyJet ...

British Airways owner IAG flies higher as it looks set for 2018 profit growth

Higher fuel costs and volatile currency movements have failed to hold back British Airways-owner International Consolidated Airlines (IAG) after operating profit rose 7.3% to €2.58bn. Driving the strong performance was a 7.7% jump in passengers and a 2.7% increase in passenger unit revenue, when currency fluctuations are stripped out, in the nine months to 30 September.  Essentially has been ...

Market report: Ryanair takes a nosedive as strikes spark profits warning, Aston Martin tightens IPO price range

Low-cost carrier Ryanair (RYA) lowered its full-year adjusted profit forecast on Monday, citing lower traffic and forward bookings due to a series of strikes by its crews. The company says it now expects profit for the year to range between €1.1bn and €1.2bn, which compares with a prior forecast of €1.25bn to €1.35bn. That goes down badly with investors who market the stock more than ...
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