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Warning for IAG investors as BA faces big bill for £26bn pension thisismoney.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisismoney.co.uk Daily Mail and Mail on Sunday newspapers.
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FirstGroup chief survives revolt at Aberdeen bus giant's AGM heraldscotland.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from heraldscotland.com Daily Mail and Mail on Sunday newspapers.
IAG retaining former Aer Lingus A350 order to gain flexibility flightglobal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from flightglobal.com Daily Mail and Mail on Sunday newspapers.
By Lewis Harper2021-05-07T11:10:00+01:00 European airline group IAG hopes to see a “decent” summer season from July onwards, following a slower-than-expected recovery in demand during the first half of this year. Speaking during the British Airways and Iberia parent’s first-quarter results briefing on 7 May, IAG chief executive Luis Gallego cited Covid-19 vaccination rates in the UK and falling infection levels in key markets as reasons for optimism regarding air travel demand from the third quarter onwards. Until then, IAG’s capacity during the current quarter will be only marginally higher than that of the first three months of 2021, at around 25% of pre-crisis levels, albeit increasing “quite strongly” from the end of May, Gallego suggests. ....