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
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

International Consolidated Airlines S A : New BA boss urges transatlantic testing and corridors

10/22/2020 | 05:15am EDT
Aer Lingus CEO Doyle is seen in undated handout image

PARIS (Reuters) - British Airways' new boss appealed to Britain and the United States on Monday to back pre-flight COVID-19 testing with quarantine-free transatlantic travel corridors.

"We need to work together on a testing pilot so flights can start between London and New York, traditionally one of the busiest airline routes in the world," Sean Doyle said in his first public appearance in the job.

Doyle was addressing the Airlines 2050 online conference less than a week after parent group IAG's new Chief Executive Luis Gallego named him to lead the British carrier, replacing Alex Cruz.

The former Aer Lingus CEO also echoed industry calls for a global framework of virus testing to replace quarantines blamed by the industry for exacerbating its slump.

A British-U.S. pilot programme requires both governments to waive quarantines, Doyle said. "At the moment we're not getting any support or action and we're not hearing from governments what they're thinking."

British Transport Minister Grant Shapps told the same conference he would push for an agreement on new travel corridors with the United States.

"We're trying to get this moving as quickly as possible," Shapps said. "By the very nature of international cooperation I'm afraid I can't predict how fast the rest of the world will be to make that a reality."

(Reporting by Laurence Frost, editing by Louise Heavens)


© Reuters 2020
All news about INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A.
09:25aIsrael looks to back-up airport as flight cancellations mount
RE
07:03aDEUTSCHE LUFTHANSA  : European Airlines Temporarily Halt Flights to Israel Amid ..
MT
05/12Airline CEOs call for summit to speed relaunch of UK-US travel
RE
05/12INTERNATIONAL CONSOLIDATED AIRLINES : JPMorgan Cuts International Consolidated ..
MT
05/12IAG EURO  : JP Morgan keeps its Buy rating
MD
05/11UK shares drop the most in 7 months on inflation woes; THG shines
RE
05/11INTERNATIONAL CONSOLIDATED AIRLINES : IAG to Issue $1 Billion in Senior Unsecur..
MT
05/11INTERNATIONAL CONSOLIDATED AIRLINES : British Airways owner IAG boosts liquidit..
RE
05/11INTERNATIONAL CONSOLIDATED AIRLINES : Convertible bonds final terms
PU
05/11INTERNATIONAL CONSOLIDATED AIRLINES : Cons Airlines Group - Notice of Annual Ge..
AQ
More news
Financials
Sales 2021 10 345 M 12 484 M 12 484 M
Net income 2021 -2 162 M -2 609 M -2 609 M
Net Debt 2021 12 502 M 15 087 M 15 087 M
P/E ratio 2021 -4,77x
Yield 2021 -
Capitalization 11 205 M 13 506 M 13 522 M
EV / Sales 2021 2,29x
EV / Sales 2022 1,19x
Nbr of Employees 51 846
Free-Float 74,6%
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 19
Average target price 2,70 €
Last Close Price 2,25 €
Spread / Highest target 55,1%
Spread / Average Target 19,7%
Spread / Lowest Target -10,3%
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