Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A.

(IAG)
  Report
Delayed Quote. Delayed London Stock Exchange - 05/07 11:35:11 am
213.2 GBX   +3.00%
05/07IAG  : Credit Suisse gives a Buy rating
MD
05/07Britain reopens travel from May 17 to limited destinations
RE
05/07Britain reopens travel from May 17 but to just 12 destinations
RE
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

International Consolidated Airlines S A : American, British Airways, oneworld to trial COVID-19 tests

11/17/2020 | 02:12pm EDT
Outbreak of the coronavirus disease (COVID-19) in London

LONDON (Reuters) - American Airlines, British Airways, and the oneworld alliance will launch a coronavirus testing trial this month aimed at convincing the U.S. and UK governments to introduce testing so that transatlantic travel can restart.

BA was operating 84 flights per week between London Heathrow and New York JFK prior to the pandemic, but last week operated just 21.

BA CEO Sean Doyle said that without a travel testing regime, Britain was being left behind countries such as Germany.

Alongside its partners, BA plans to collect data from at least 500 passengers on flights from three U.S. cities to London Heathrow by asking them to take three free COVID-19 tests as part of their journey: one before departure, one on landing, and one three days after their arrival.

"What we're trying to evidence here is the effectiveness of testing to replace quarantines," BA CEO Doyle, who has been in the role for just six weeks, told reporters on a call.

He said that recent positive vaccine news was encouraging but it was unclear when a vaccine would start to have a material effect on travel.

The data collected from the trial, which will start on Nov. 25, will be collated by independent scientists and presented to UK ministers to help convince them to drop a 14-day quarantine rule for arrivals from most countries.

"If we have a testing framework that is there, you know regardless of the development of the pandemic, it gives people certainty from which they can plan," Doyle said.

In one of his first media appearances since taking up the CEO job at BA, which is owned by IAG, Doyle said the airline needed to be proactive in coming up with solutions to the crisis.

Britain's transport minister said on Friday he would be making an announcement on changes to the country's 14-day quarantine rule for arrivals "very soon".

(Reporting by Sarah Young; editing by Jason Neely)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
AMERICAN AIRLINES GROUP INC. 2.37% 22 Delayed Quote.39.51%
INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A. 3.00% 213.2 Delayed Quote.33.42%
All news about INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A.
05/07IAG  : Credit Suisse gives a Buy rating
MD
05/07Britain reopens travel from May 17 to limited destinations
RE
05/07Britain reopens travel from May 17 but to just 12 destinations
RE
05/07Coronavirus divides the Western sky again
05/07GLOBAL MARKETS LIVE : Square, Adidas, Peloton Interactive...
05/07INTERNATIONAL CONSOLIDATED AIRLINES : Cons Airlines Group - Shareholder Meeting..
AQ
05/07INTERNATIONAL CONSOLIDATED AIRLINES : Interim Management Statement for the thre..
PU
05/07INTERNATIONAL CONSOLIDATED AIRLINES : IAG Hopes For Travel Resumption By July
MT
05/07INTERNATIONAL CONSOLIDATED AIRLINES : 1q 2021
PU
05/07INTERNATIONAL CONSOLIDATED AIRLINES : British Airways owner IAG posts €1.1bn lo..
AQ
More news
Financials
Sales 2021 11 317 M 13 764 M 13 764 M
Net income 2021 -1 726 M -2 100 M -2 100 M
Net Debt 2021 12 761 M 15 521 M 15 521 M
P/E ratio 2021 -6,73x
Yield 2021 -
Capitalization 12 183 M 14 824 M 14 817 M
EV / Sales 2021 2,20x
EV / Sales 2022 1,24x
Nbr of Employees 51 846
Free-Float 89,7%
Chart INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A.
Duration : Period :
International Consolidated Airlines Group, S.A. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A.
Short TermMid-TermLong Term
TrendsNeutralBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 2,70 €
Last Close Price 2,45 €
Spread / Highest target 42,7%
Spread / Average Target 10,2%
Spread / Lowest Target -17,5%
EPS Revisions
Managers and Directors
NameTitle
Luís Gallego Martín Chief Executive Officer & Executive Director
Stephen William Lawrence Gunning Chief Financial Officer
Javier Ferrán Larraz Chairman
John Gibbs Chief Information Officer
Alberto Miguel Terol Esteban Senior Independent Director
Sector and Competitors