Goldman cuts Lufthansa to 'sell', upgrades easyJet
8th Jun 2021 07:56
(Sharecast News) - Goldman Sachs has overhauled its European airline coverage, upgrading easyJet to 'buy' but downgrading British Airways owner International Airlines Group and Lufthansa.
Read morePressure on UK to back carbon pricing for airlines to meet climate targets
7th Jun 2021 09:39
(Sharecast News) - The UK is under increasing pressure from the European Union to end free carbon permits for airlines in order to meet its targets for fighting against climate change.
Read moreSunday newspaper round-up: Delta mutation, Foreign summer holidays, Anglo American
6th Jun 2021 12:20
(Sharecast News) - The decision to reopen on June 21 has been made "more difficult" by the Indian variant's spread to the most dominant variant in the UK, the Health Secretary has said. Matt Hancock told Sky News that the latest advice the Government has received is that the so-called Delta mutation first identified in India is 40 per cent more transmissible than the previously dominant Kent variant. - Sunday Telegraph
Read moreTravel stocks slump as no countries set to be added to green list
3rd Jun 2021 14:44
(Sharecast News) - Travel stocks slumped on Thursday amid reports the government will not be adding any new destinations to its quarantine-free green list when it updates Britons later in the day.
Read moreBoA names EasyJet and IAG 'top picks' ahead of summer pick up in capacity
26th May 2021 12:20
(Sharecast News) - Analysts at Bank of America named IAG and EasyJet as their 'top picks' among European airlines in anticipation of a sharp pick up in flights over the summer.
Read moreSpain welcomes UK tourists despite being marked as 'amber' country
24th May 2021 16:16
(Sharecast News) - Spain is rolling out the welcome mat for UK tourists after officials in Madrid lifted restrictions on travel in a bid to boost the country's economy despite being on Downing Street's amber list.
Read moreEU agrees to ease travel restrictions on non-EU visitors for summer season
19th May 2021 11:57
(Sharecast News) - European Union countries agreed on Wednesday to ease Covid-19 travel restrictions on non-EU visitors ahead of the summer tourist season, two EU sources said according to Reuters.
Read moreUK travel industry complains Covid green list too cautious
17th May 2021 15:48
(Sharecast News) - UK airlines and travel firms complained that the Covid green list of 12 countries available to travel to quarantine free is too cautious.
Read moreTuesday broker round-up
11th May 2021 13:31
(Sharecast News) - Safestore: Liberum upgrades to buy with a target price of 1,060p.
Read moreCredit Suisse hails IAG target for operating margins, keeps at 'outperform'
10th May 2021 15:45
(Sharecast News) - Analysts at Credit Suisse reiterated their 'outperform' recommendation and 228.0 target price on shares of IAG, hailing management's target of returning to an operating margin of 10-15%.
Read moreMonday broker round-up
10th May 2021 13:05
(Sharecast News) - St Modwen: Liberum downgrades to hold with a target price of 542p.
Read moreSunday newspaper round-up: AstraZeneca, Virgin Atlantic, Boohoo
9th May 2021 20:21
(Sharecast News) - AstraZeneca boss Pascal Soriot was last night at the centre of an extraordinary row among City investors over his multi-million-pound bonus. The French chief executive has been lauded for rolling out Astra's life-saving Covid vaccine at no profit, as well as fighting off predatory buyers and boosting the company's share price since he took charge in 2012. But Astra's major shareholders are understood to have been locked in heated talks for days after the drugs giant proposed to boost his bonus and performance-related share award by £2.3million to £12million. - Financial Mail on Sunday
Read moreUK companies claiming furlough decline by 12,000 in February
7th May 2021 08:49
(Sharecast News) - The number of UK companies that have claimed furlough dropped from the January peak of 852,000 by 12,000 in the month of February.
Read moreFriday preview: US non-farm payrolls, IAG in the spotlight
6th May 2021 15:38
(Sharecast News) - All eyes at the end of the week will be on the all-important US non-farm payrolls report for the month of April.
Read moreJPMorgan upgrades British Airways owner IAG to 'overweight'
4th May 2021 08:04
(Sharecast News) - JPMorgan Cazenove upgraded shares of British Airways owner IAG on Tuesday to 'overweight' from 'neutral' as it said that while 2021 is expected to remain very challenging, the prospects for 2022 onwards "look promising as global air travel starts to normalise".
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