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International Consolidated Airlines Group, S.A. (IAG.L)

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193.08-1.52 (-0.78%)
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  • Aer Lingus in talks for hundreds of millions of euros in extra liquidity
    Reuters

    Aer Lingus in talks for hundreds of millions of euros in extra liquidity

    DUBLIN (Reuters) -Aer Lingus needs a few hundred million euros in extra liquidity due to COVID-19 disruptions and does not expect the easing of Irish travel curbs next month to provide a significant near term bounce, its new chief executive said on Tuesday. The Irish airline, which recently announced company-wide layoffs and the closure of one of its main domestic cabin crew bases, is losing more than 1 million euros ($1.19 million) a day, Lynne Embleton told an Irish parliamentary committee. It is in funding talks with the Irish state and its parent International Airlines Group, having already received a 150 million euro loan from Ireland's sovereign wealth fund last year.

  • UK travel companies plot 'day of action' as pressure mounts to ease COVID rules
    Yahoo Finance UK

    UK travel companies plot 'day of action' as pressure mounts to ease COVID rules

    BALPA European airline data for June 2021 shows the UK aviation industry has been the hardest hit in Europe by restrictions on international travel.

  • BA plane damaged after tipping on to nose at Heathrow
    PA Media: Money

    BA plane damaged after tipping on to nose at Heathrow

    The incident involved a freighter-only aircraft with no passengers on board.