Airlines could lose $157bn in 2020-21 - IATA
24th Nov 2020 12:15
(Sharecast News) - Airlines could lose a total $157bn this year and next, the International Air Transport Association warned on Tuesday.
Read moreBerenberg downgrades easyJet after rebound
18th Nov 2020 08:20
(Sharecast News) - Berenberg downgraded easyJet to 'hold' from 'buy' on Wednesday, arguing that upside is more limited because the shares have rebounded more than 40% since 9 November.
Read moreModerna reports 95% efficacy in Covid vaccine trials, stocks jump
16th Nov 2020 12:46
(Sharecast News) - Markets rallied on Monday after US biotech Moderna said its experimental Covid-19 vaccine had proved nearly 95% effective in phase 3 trials.
Read moreBank of America upgrades easyJet, IAG on positive vaccine data
11th Nov 2020 11:03
(Sharecast News) - Bank of America Merrill Lynch upgraded easyJet and International Consolidated Airlines Group on Wednesday following the positive update on a potential Covid-19 vaccine.
Read moreIAG and Easyjet will still need more liquidity in 2021, Morgan Stanley says
10th Nov 2020 10:47
(Sharecast News) - News of Pfizer and BioNTech's Covid-19 vaccine candidate's greater than 90% efficacy is positive for investor sentiment and reduces the probability of Morgan Stanley's 'bear case' ensuing, the broker said.
Read moreBerenberg lowers target price on IAG, cites 'extreme uncertainty' going into winter
2nd Nov 2020 11:07
(Sharecast News) - Analysts at Berenberg lowered their target price on British Airways parent company International Consolidated Airlines from 260.0p to 180.0p on Monday, stating the company's third-quarter results highlighted "extreme uncertainty" going into winter.
Read moreIAG hammers down on costs, calls for pre-flight Covid testing
30th Oct 2020 07:00
(Sharecast News) - British Airways-owner IAG called on governments to adopt pre-departure Covid-19 testing as it continued to bear down on costs in the face of a second wave of the pandemic.
Read moreAirlines to offer refunds after watchdog inquiry
23rd Oct 2020 08:24
(Sharecast News) - Italy's antitrust regulator said on Friday that Ryanair, easyJet, Vueling and Blue Panorama will now offer refunds to passengers affected by the cancellations caused by the pandemic.
Read moreAirlines to offer refunds after watchdog inquiry
23rd Oct 2020 08:24
(Sharecast News) - Italy's antitrust regulator said on Friday that Ryanair, easyJet, Vueling and Blue Panorama will now offer refunds to passengers affected by the cancellations caused by the pandemic.
Read moreIAG posts €1.3bn Q3 loss, cuts capacity
22nd Oct 2020 07:24
(Sharecast News) - British Airways-owner IAG posted a €1.3bn third quarter loss and downgraded its capacity guidance as Covid-19 restrictions continued to hammer the travel market.
Read moreSector movers: Travel stocks, Aerospace and Defence issues pace losses
21st Oct 2020 15:57
(Sharecast News) - Travel and Leisure paced losses on the FTSE 350 on Wednesday, alongside a sharp drop for Aerospace and Defence.
Read moreBA parent IAG rallies as Heathrow introduces one-hour Covid test
20th Oct 2020 09:24
(Sharecast News) - Shares of British Airways and Iberia parent IAG rallied on Tuesday as Heathrow airport launched a one-hour Covid-19 test.
Read moreIAG says all £2.5bn rights issue shares taken up
2nd Oct 2020 07:03
(Sharecast News) - IAG said investors took up all the shares in its €2.74bn (£2.5bn) rights issue after demand for additional shares exceeded supply.
Read moreIATA downgrades 2020 forecasts after 'worst-ever' summer
29th Sep 2020 13:45
(Sharecast News) - The International Air Transport Association has cut its traffic forecasts for 2020 after a "dismal" end to the northern hemisphere's summer travel season.
Read moreSunday newspaper round-up: Rolls-Royce, IWG, Bank of England
27th Sep 2020 18:13
(Sharecast News) - Rolls-Royce is poised to tap investors for £2.5billion at a steep discount to the current share price to solve its funding crisis, The Mail on Sunday understands. City sources said it was considering pricing the cash call at £1 per share - 35 per cent below Friday's closing price of £1.54. - Mail on Sunday
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