INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A.

(IAG)
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Delayed London Stock Exchange  -  11:35 2022-06-24 am EDT
114.68 GBX   +0.44%
06/24Ryanair Expects 98% of Flights to Operate Over Weekend Despite Strike Action
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06/24IAG : Deutsche Bank reiterates its Neutral rating
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Boeing 737-8200 and 737-10 order

05/20/2022 | 10:30am EDT

International Airlines Group (IAG) has reached agreement with Boeing to order 25 737-8200 and 25 737-10 aircraft, plus 100 options.

The aircraft will be delivered between 2023 and 2027 and can be used by any airline in the Group for fleet replacement.

Luis Gallego, IAG's chief executive, said: 'The addition of new Boeing 737s is an important part of IAG's shorthaul fleet renewal. These latest generation aircraft are more fuel efficient than those they will replace and in line with our commitment to achieving net zero carbon emissions by 2050.'

The fleet order is subject to approval by IAG shareholders.

Nicholas Cadbury

Chief Financial Officer

(C) 2022 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A. 0.44% 114.68 Delayed Quote.-19.51%
THE BOEING COMPANY 5.64% 141.53 Delayed Quote.-33.45%
All news about INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A.
06/24Ryanair Expects 98% of Flights to Operate Over Weekend Despite Strike Action
DJ
06/24Ryanair cabin staff strike cancels dozens of flights in Europe
RE
06/24IAG : Deutsche Bank reiterates its Neutral rating
MD
06/23IAG's British Airways Faces Strike from Heathrow Workers
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06/21IAG : Goldman Sachs sticks Neutral
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06/19Factbox-Europe's summer travel chaos
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06/16Analysis-Air fares and staff gaps threaten transatlantic travel rebound
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06/16International Consolidated Airlines Group S.A. Announces Board Changes
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Analyst Recommendations on INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A.
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Financials
Sales 2022 21 057 M 22 212 M 22 212 M
Net income 2022 -89,6 M -94,5 M -94,5 M
Net Debt 2022 13 295 M 14 024 M 14 024 M
P/E ratio 2022 -38,5x
Yield 2022 -
Capitalization 6 617 M 6 980 M 6 980 M
EV / Sales 2022 0,95x
EV / Sales 2023 0,79x
Nbr of Employees 50 426
Free-Float 74,5%
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Technical analysis trends INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A.
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Mean consensus OUTPERFORM
Number of Analysts 18
Last Close Price 1,34 €
Average target price 2,07 €
Spread / Average Target 54,6%
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Managers and Directors
Luís Gallego Martín Chief Executive Officer & Executive Director
Nicholas Theodore Cadbury Chief Financial Officer
Javier Ferrán Larraz Chairman
John Gibbs Chief Information Officer
Emilio Saracho Rodríguez de Torres Independent Non-Executive Director
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