Whitbread finance director to take up CFO role at IAG

15th Oct 2021 12:43

(Sharecast News) - Premier Inn owner Whitbread revealed on Friday that long-time finance director Nicholas Cadbury will be leaving the group after nine years to take up the position of chief financial officer at International Airlines Group.

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BoA reiterates negative stance on European stocks, but stays overweight banks and airlines

8th Oct 2021 10:22

(Sharecast News) - Analysts at Bank of America reiterated their negative view on European equities, telling clients that macro uncertainty was on the rise and economic growth momentum set to weaken, but stayed 'overweight' on lenders' and airline shares.

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BA reaches agreement with pilots over Gatwick subsidiary - reports

7th Oct 2021 14:43

(Sharecast News) - British Airways pilots have reportedly backed a deal with management to open a new low-cost subsidiary at Gatwick airport.

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British Airways set to reverse axing of Gatwick flights

4th Oct 2021 11:08

(Sharecast News) - British Airways is set to reverse its decision to can short-haul flights at Gatwick, just two weeks after it announced its plans amid a battle with pilots.

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British Airways halts Gatwick short-haul flights

23rd Sep 2021 13:48

(Sharecast News) - British Airways is to suspend almost all its short-haul flights at Gatwick airport after grounding the operation at the start of the pandemic, according to reports.

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British Airways halts Gatwick short-haul flights

23rd Sep 2021 13:48

(Sharecast News) - British Airways is to suspend almost all its short-haul flights at Gatwick airport after grounding the operation at the start of the pandemic, according to reports.

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Travel stocks jump as US set to relax rules for jabbed EU, UK passengers

20th Sep 2021 15:07

(Sharecast News) - Travel stocks surged on Monday afternoon as it emerged that vaccinated passengers will be able to travel to the US from the EU and UK from November onwards.

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IAG boss rules out rights issue - report

20th Sep 2021 11:32

(Sharecast News) - International Consolidated Airlines Group, the owner of British Airways, has ruled out asking shareholders for fresh funds.

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EasyJet eyeing BA's Gatwick slots - report

13th Sep 2021 11:31

(Sharecast News) - EasyJet will considerably boost its presence at Gatwick should plans by British Airways to overhaul its short-haul offering flounder, according to reports.

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Sunday newspaper round-up: Ryanair, China's central bank, IAG

12th Sep 2021 13:47

(Sharecast News) - Ryanair boss Michael O'Leary has warned that airfares will be "dramatically higher" next summer as passengers rush to return to Europe for their holidays. The outspoken airline chief executive said huge demand for holidays would coincide with fewer flights, which would mean a spike in prices for holidaymakers - not just for flights, but also for hotels. - Sunday Times

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Credit Suisse cuts IAG price target to reflect rights issue risk

10th Sep 2021 13:38

(Sharecast News) - Credit Suisse cut its price target on shares of British Airways and Iberia parent IAG on Friday to 195p from 256p to reflect the increasing risk of a rights issue.

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British Airways mulling over folding short haul operations into new subsidiary

26th Aug 2021 15:21

(Sharecast News) - UK airline British Airways revealed that it was looking into folding its short-haul operations from London's Gatwick Airport into a new subsidiary as part of an effort to offset Covid-19 pandemic-induced declines in long-haul traffic.

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Tuesday broker round-up

24th Aug 2021 14:34

(Sharecast News) - Coats: Jefferies starts at buy with 97.0p target price.

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Wednesday broker round-up

11th Aug 2021 12:21

(Sharecast News) - Hargreaves Lansdown: Berenberg stays at 'buy' but lowers target price from 2,000.0p to 1,850.0p.

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Sunday newspaper round-up: SSE, Herd immunity, Virgin Galactic

8th Aug 2021 16:04

(Sharecast News) - The world's most powerful activist investor has secretly built a stake in energy giant SSE in a move that could lead to a £20billion takeover bid for the FTSE100-listed company. City sources said Elliott Management, which has been dubbed a 'corporate raider' for buying shares and forcing change at large companies, has recently bought a large shareholding in SSE which supplies around five million Britons with energy to their homes. - Financial Mail on Sunday

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