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International Consolidated Airlines Group SA (ICAG.L)

ICAG.L on London Stock Exchange

557.00GBp
19 Oct 2018
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Latest Key Developments (Source: Significant Developments)

IAG Says Aer Lingus CEO Stephen Kavanagh To Step Down
Thursday, 11 Oct 2018 08:04am EDT 

Oct 11 (Reuters) - International Consolidated Airlines Group SA ::IAG - ANNOUNCES THAT AER LINGUS CHIEF EXECUTIVE STEPHEN KAVANAGH WILL STEP DOWN ON JANUARY 1, 2019.IAG - KAVANAGH WILL REMAIN ON AER LINGUS BOARD AS A NON-EXECUTIVE DIRECTOR.IAG - AER LINGUS CHIEF EXECUTIVE KAVANAGH TO BE SUCCEEDED BY SEAN DOYLE.  Full Article

IAG Reports Group Traffic Up 5.9 Pct In September
Wednesday, 3 Oct 2018 09:59am EDT 

Oct 3 (Reuters) - International Consolidated Airlines Group SA ::INTL CON AIRLINE GRP - IAG TRAFFIC AND CAPACITY STATISTICS SEPTEMBER 2018.IAG - GROUP TRAFFIC IN SEPTEMBER, MEASURED IN REVENUE PASSENGER KILOMETRES, INCREASED BY 5.9 PER CENT VERSUS SEPTEMBER 2017.IAG - SEPT. GROUP CAPACITY MEASURED IN AVAILABLE SEAT KILOMETRES ROSE BY 7.2 PER CENT.IAG- SEPTEMBER PASSENGERS CARRIED 10.6 MILLION VERSUS 9.87 MILLION.IAG- SEPTEMBER PASSENGER LOAD FACTOR 84.6 PERCENT VERSUS 85.6 PERCENT.  Full Article

IAG Reports Theft Of Customer Data At British Airways
Thursday, 6 Sep 2018 01:24pm EDT 

Sept 6 (Reuters) - International Consolidated Airlines Group SA ::THEFT OF CUSTOMER DATA AT BRITISH AIRWAYS.BRITISH AIRWAYS, IS INVESTIGATING, AS A MATTER OF URGENCY, THEFT OF CUSTOMER DATA FROM ITS WEBSITE, BA.COM.THE BREACH HAS BEEN RESOLVED AND BA.COM IS WORKING NORMALLY..STOLEN DATA DID NOT INCLUDE TRAVEL OR PASSPORT DETAILS.BRITISH AIRWAYS IS COMMUNICATING WITH AFFECTED CUSTOMERS.FROM 22:58 BST AUG 21 UNTIL 21:45 SEPT 5 INCLUSIVE, PERSONAL, FINANCIAL DETAILS OF CUSTOMERS MAKING BOOKINGS ON BA.COM AND APP WERE COMPROMISED.  Full Article

Norwegian Air seeks further information from companies proposing potential deals
Monday, 11 Jun 2018 08:08am EDT 

June 11 (Reuters) - Norwegian Air Shuttle ASA ::SUBSCRIPTION PERIOD FOR SUBSEQUENT OFFERING IS EXPECTED TO COMMENCE AT 09:00 A.M. CET ON 12 JUNE 2018 AND EXPIRE AT 16:30 P.M. CET ON 25 JUNE 2018.FINANCIAL SUPERVISORY AUTHORITY OF NORWAY HAS APPROVED PROSPECTUS OF COMPANY DATED 11 JUNE 2018.FINANCIAL SUPERVISORY AUTHORITY OF NORWAY HAS APPROVED PROSPECTUS OF COMPANY DATED 11 JUNE 2018 FOR (I) LISTING OF TRANCHE 2 SHARES; AND (II) SUBSEQUENT OFFERING AND LISTING OF UP TO 1,290,323 OFFER SHARES.NORWEGIAN AIR SHUTTLE - SINCE 12 APRIL 2018, COMPANY HAS RECEIVED ENQUIRIES FROM SEVERAL PARTIES WHO HAVE EXPRESSED INDICATIVE AND PRELIMINARY INTEREST IN SHARE ACQUISITIONS, MERGERS, STRUCTURAL TRANSACTIONS, FINANCING OF GROUP AND VARIOUS FORMS OF COOPERATION.NORWEGIAN: SINCE 12 APRIL 2018, COMPANY HAS RECEIVED ENQUIRIES FROM SEVERAL PARTIES WHO HAVE EXPRESSED INDICATIVE AND PRELIMINARY INTEREST IN SHARE ACQUISITIONS, MERGERS, STRUCTURAL TRANSACTIONS, FINANCING OF GROUP AND VARIOUS FORMS OF COOPERATION.INDICATIONS OF INTEREST HAVE BEEN PRELIMINARY AND SUBJECT TO A NUMBER OF CONDITIONS.COMPANY IS SEEKING FURTHER INFORMATION AND CLARIFICATIONS IN A NUMBER OF AREAS SO THAT IT CAN EVALUATE SUCH PROPOSALS TO DETERMINE WHETHER THEY PROVIDE SUFFICIENT BASIS FOR ENTERING INTO SPECIFIC DISCUSSIONS.AS AT DATE HEREOF, COMPANY HAS NOT ENTERED INTO ANY AGREEMENTS OR SPECIFIC NEGOTIATIONS IN RELATION TO RECEIVED INDICATIONS.  Full Article

IAG Responds To British Govt's Announcement On Heathrow Expansion
Tuesday, 5 Jun 2018 08:30am EDT 

June 5 (Reuters) - International Consolidated Airlines Group SA ::IAG RESPONSE TO GOVERNMENT ANNOUNCEMENT ON HEATHROW EXPANSION.WILL BE LOOKING TO REGULATOR TO KEEP CHARGES FLAT IN REAL TERMS.  Full Article

Norwegian Air says "positive" IAG finds it attractive
Thursday, 12 Apr 2018 06:00am EDT 

April 12 (Reuters) - Norwegian Air Shuttle ASA ::NORWEGIAN AIR SPOKESWOMAN, COMMENTING ON IAG'S INTEREST SAYS "POSITIVE THEY FIND NORWEGIAN ATTRACTIVE"; SAYS CAN'T COMMENT BEYOND THAT.  Full Article

IAG Says British Airways Finalises New Pension Scheme
Tuesday, 3 Apr 2018 06:36am EDT 

April 3 (Reuters) - International Consolidated Airlines Group SA ::BRITISH AIRWAYS FINALISES NEW PENSION SCHEME.BRITISH AIRWAYS CLOSED NEW AIRWAYS PENSION SCHEMETO FUTURE ACCRUAL AND ITS BRITISH AIRWAYS RETIREMENT PLAN TO FUTURE CONTRIBUTIONS FROM MARCH 31.SCHEMES REPLACED BY FLEXIBLE BENEFITS SCHEME, INCORPORATING NEW DEFINED CONTRIBUTION PENSION SCHEME, CALLED BRITISH AIRWAYS PENSION PLAN (BAPP).ANNUAL COSTS FOR BAPP ARE EXPECTED TO BE APPROXIMATELY £80 MILLION LOWER THAN EQUIVALENT NAPS AND BARP COSTS IN 2017..FINANCIAL IMPACT OF ARRANGEMENTS INCLUDES CASH TRANSITION COSTS, PAID EITHER DIRECTLY TO MEMBERS OR INTO THEIR PENSION ACCOUNTS, OF £169 MILLION.REDUCTION OF IAS19 PENSION LIABILITIES DOES NOT CHANGE CURRENT RECOVERY PLAN PAYMENTS TO NAPS.SAYS NET IMPACT OF CASH TRANSITION PAYMENTS, LIABILITY REDUCTION, BARP CLOSURE COSTS TO BE TREATED AS EXCEPTIONAL GAIN OF £598 MILLION IN Q1 2018.‍ NET FINANCIAL IMPACT OF TRANSITION ARRANGEMENTS WILL BE A REDUCTION IN IAS19 LIABILITIES OF £770 MILLION​.  Full Article

IAG Says British Airways Launches $608.6 Mln EETC Bond Issue To Fund Aircraft Deliveries‍​
Thursday, 15 Mar 2018 11:00am EDT 

March 15 (Reuters) - IAG ::BRITISH AIRWAYS SUCCESSFULLY LAUNCHED A US$608.6 MILLION EETC BOND ISSUE, TO FUND AIRCRAFT DELIVERIES‍​.‍TRANSACTION ALSO INCLUDES UNDERLYING COLLATERAL POOL OF ONE BOEING 787-8 AIRCRAFT, ONE NEW BOEING 787-8 AND SEVEN NEW AIRBUS A320 NEO AIRCRAFT​.  Full Article

Ryanair, Aer Lingus say Irish disruptions to continue on Saturday
Friday, 2 Mar 2018 02:09pm EST 

March 2 (Reuters) - Ryanair Holdings Plc ::RYANAIR AND AER LINGUS SAY EXPECT DISRUPTION TO IRISH FLIGHTS ON SATURDAY DUE TO WEATHER.  Full Article

IAG Posts 3.2 Pct Rise In January Traffic
Monday, 5 Feb 2018 10:00am EST 

Feb 5 (Reuters) - INTERNATIONAL CONSOLIDATED AIRLINES GROUP SA ::IAG TRAFFIC STATISTICS - JANUARY 2018.‍GROUP TRAFFIC IN JANUARY, MEASURED IN REVENUE PASSENGER KILOMETRES, INCREASED BY 3.2 PER CENT VERSUS JANUARY 2017​.‍GROUP CAPACITY MEASURED IN AVAILABLE SEAT KILOMETRES ROSE BY 2.8 PER CENT IN JANUARY​.‍FOR JANUARY, PASSENGER LOAD FACTOR WAS AT 78.4 PERCENT VERSUS 78.2 PERCENT YEAR AGO​.  Full Article

IAG's Aer Lingus boss Stephen Kavanagh to be succeeded by Sean Doyle

Oct 11 International Airlines Group (IAG) said on Thursday that Aer Lingus chief executive Stephen Kavanagh will step down on January 1, 2019 and will be succeeded by Sean Doyle, a British Airways director.