British Airways Parent IAG Flies Back To Profit
IAG, parent of British Airways, said Friday it returned to first-half profit as the aviation sector recovers from the Covid pandemic despite inflation lifting company costs and ticket prices.
British Airways Parent IAG Logs Vast Loss On Virus
British Airways parent IAG logs vast loss on virus
UK Government's Proposed 14-Day Quarantine Rule Widely Panned By Airlines, Tories, Business Groups
British Airways may file a lawsuit to halt the quarantine
British Airways Owner IAG Taps U.K. Government Funding, CEO Warns Of More Restructuring
IAG’s Spanish carriers have already secured about $1.1 billion in state-backed loans
British Airways Prepares To Slash Up To 12,000 Jobs As Aviation Outlook Worsens
British Airways may cut up to 12,000 jobs
British Airways Set To Cut Up To 12,000 Jobs
British Airways set to cut up to 12,000 jobs
UK, Ireland Airlines Take Drastic Steps In Response To Coronavirus-Related Woes
Airlines in the British Isles have enacted drastic measures to cope with falling demand
Coronavirus Pushes Flybe Into Collapse, But Other Airlines May Follow
Flybe has collapsed but many other airlines are in a precarious condition
British Airways-owner Switches Pilot As CEO Quits
British Airways-owner switches pilot as CEO quits
UK-Spanish Airline Giant IAG Says CEO Willie Walsh Retiring
UK-Spanish airline giant IAG says CEO Willie Walsh retiring
Qatar Airways Takes $1.7B Stake In British Airways-Owner IAG
The Gulf airline said it would look to strengthen commercial ties with the European carrier and may consider increasing its stake over time.
Aer Lingus Board Recommends New $1.5B Takeover Offer From British Airways Parent IAG
This is the third offer from IAG in six weeks but Aer Lingus' trade union has claimed that a takeover may lead to the loss of 1,200 jobs.
'We're Preparing For Spain's Euro Exit': BA, Iberia Parent Readies For Currency Collapse
Spain's Iberia has created a euro zone crisis management group to deliver a "Spain euro exit road map project" to prepare for a possible exit by the indebted country, with the group meeting every two weeks.
Top After Market NYSE Gainers (SNE, PKI, GNW, CVA, NSR, IAG, ITG, N, WY)
The top aftermarket NYSE gainers Thursday were: Sony Corp, PerkinElmer, Genworth Financial, Covanta Holding, Neustar, Iamgold Corp, Investment Technology Group, Netsuite and Weyerhaeuser Co.
Shares of Gold, Silver Miners Up While Broader Market Struggles
Precious metals enjoyed a steady climb on Thursday despite a slow day for the broader market, as gold futures reached an eight-week high while the dollar fell briefly and concerns about the Greek debt crisis subsided slightly.
Spanair Collapse Strands 20000, Rattles Industry
Spanish airline Spanair collapsed on Friday, stranding over 20,000 passengers and putting Europe's second-tier airlines on alert.
Richard Branson Slams IAG’s Acquisition of BMI Deal
Virgin Group owner, Richard Branson has slammed a $270 million acquisition deal by rival company, International Airlines Group (IAG) saying that the approval of the deal will mean higher prices for flyers.
Pre-market movers on May 12 (FTK, SYMC, CVS, TJX, NRF, SVM, CSCO, NVDA, EMR, AUO, IAG)
The companies whose shares are moving in pre-market trade on Thursday are: Flotek Industries, Symantec Corp, CVS Caremark, TJX Companies, Northstar Realty Finance, Silvercorp Metals, Cisco Systems, Nvidia, Emerson Electric, AU Optronics and Iamgold Corp.
Top After-Market NYSE Movers (ANW, TNK, FTK, HOV, AUO, NRF, IAG, NQ, SVM, TLM)
The top after-market NYSE gainers on Wednesday are: Aegean Marine Petroleum, Teekay Tankers, Flotek Industries, Hovnanian Enterprises and AU Optronics Corp. The top after-market NYSE losers are: Northstar Realty Finance, Iamgold, NetQin Mobile, Silvercorp Metals and Talisman Energy.
IAG ends Talks to Acquire CPIC
Insurance Australia Group Ltd., Australia's largest auto and home insurer, ended three year talks to buy a stake in China Pacific Property Insurance Co., saying the company's parent resisted the move.