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International Consolidated Airlines Group SA (ICAG.L)

ICAG.L on London Stock Exchange

405.80GBp
23 Sep 2016
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Latest Key Developments (Source: Significant Developments)

IAG says August group traffic up 8 percent
Monday, 5 Sep 2016 10:01am EDT 

International Consolidated Airlines Group, S.A. : IAG traffic & capacity statistics - Aug. 2016 . Group premium traffic for month of August increased by 3.4 percent on a pro-forma basis . Group traffic in August, measured in revenue passenger kilometres, increased by 7.9 percent versus Aug. 2015 .Group capacity measured in available seat kilometres rose by 9.0 percent in August.  Full Article

IAG says July traffic grows 15.7 pct
Thursday, 4 Aug 2016 10:00am EDT 

International Consolidated Airline Group SA : IAG July 2016 traffic statistics . Group premium traffic for month of July increased by 6.1 pct on a pro-forma basis . Group capacity measured in available seat kilometres rose by 14.3 pct . Group traffic in July, measured in revenue passenger kilometres, increased by 15.7 pct versus July 2015 up 5.6 pct on a pro-forma basis .July passenger load factor at 86.8 pct versus 85.7 pct last year.  Full Article

IAG now ses capacity growth of 4.5 pct this year
Friday, 29 Jul 2016 02:00am EDT 

IAG CEO Willie Walsh tells reporters: now looking at capacity growth of 4.5 percent this year . still remains open for m&a opportunities, nothing definite at minute Further company coverage: [ICAG.L] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

IAG says to convert longhaul options into firm order for Aer Lingus
Thursday, 14 Jul 2016 06:00am EDT 

IAG : Aer Lingus longhaul aircraft order . International Airlines Group is converting two Airbus 330-300 longhaul aircraft options into firm orders for Aer Lingus .Aircraft will be delivered in 2017 and will facilitate expansion on Aer Lingus' transatlantic network.  Full Article

Aer Lingus exercises options, adds 2 A330-300s to future fleet
Thursday, 14 Jul 2016 06:00am EDT 

Airbus Group SE : Aer Lingus adds two A330-300s to its future fleet by exercising options Further company coverage: [AIR.PA] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

IAG says June traffic grows 13.6 pct
Tuesday, 5 Jul 2016 10:02am EDT 

Intl Con Airline Grp : IAG traffic & capacity statistics - June 2016 . Group traffic in June, measured in revenue passenger kilometres, increased by 13.6 percent versus June 2015 . Group capacity measured in available seat kilometres rose by 13.2 percent (up 3.3 percent on a pro-forma basis) .Group premium traffic for month of June increased by 0.1 per cent on a pro-forma basis.  Full Article

IAG says more work required to reach agreement on BA's pension scheme valuations
Friday, 1 Jul 2016 08:14am EDT 

IAG : Update on British Airways' pension scheme . British Airways has been in talks for several months with trustees of its main UK defined benefit pension schemes over schemes' latest actuarial valuations as at March 31, 2015 . Discussions, initially focused on British Airways' largest scheme ( new airways pension scheme), have been constructive . However further work is required beyond June 30, 2016 ( date set by statutory framework) to finalise valuations and conclude a satisfactory agreement .A further update will be given as and when appropriate.  Full Article

IAG says vote to leave EU will not have a long term material impact on its business
Friday, 24 Jun 2016 04:52am EDT 

International Consolidated Airlines Group SA : Believes that vote to leave European Union will not have a long term material impact on its business . Continues to expect a significant increase in operating profit this year . No longer expects to generate an absolute operating profit increase similar to 2015 .In short term, however, in run up to UK referendum during June, IAG experienced a weaker than expected trading environment.  Full Article

IAG names Patrick Cescau as senior independent director
Thursday, 16 Jun 2016 08:53am EDT 

International Consolidated Airlines Group SA :Appointment of Patrick Cescau as new senior independent director..  Full Article

IAG does not expect material impact on its business from Brexit
Thursday, 16 Jun 2016 06:43am EDT 

International Consolidated Airlines Group SA CEO Willie Walsh: Says the company does not expect a material impact on its business from Brexit . Says: "We have undertaken a risk assessment and, at this stage, have concluded that should Britain vote to leave the EU, this will not have a material impact on our business." Further company coverage: [ICAG.L] (Reporting by Madrid Newsroom) ((madrid.newsroom@thomsonreuters.com; +34915852151;)).  Full Article

Airlines seek antitrust immunity to discuss Venezuela routes

BERLIN International airlines have requested antitrust immunity from the United States to allow them to discuss routes to Venezuela, which is blocking ticket revenues from leaving the country, the International Air Transport Association said on Thursday.