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IAG International Consolidated Airlines Group S.a.

164.30
0.40 (0.24%)
02 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
International Consolidated Airlines Group S.a. LSE:IAG London Ordinary Share ES0177542018 ORD EUR0.10 (CDI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.40 0.24% 164.30 164.70 164.80 167.10 162.35 163.20 11,898,291 16:35:02
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Air Transport, Scheduled 29.45B 2.66B 0.5401 3.81 10.13B
International Consolidated Airlines Group S.a. is listed in the Air Transport, Scheduled sector of the London Stock Exchange with ticker IAG. The last closing price for International Consolidat... was 163.90p. Over the last year, International Consolidat... shares have traded in a share price range of 137.50p to 187.45p.

International Consolidat... currently has 4,915,631,255 shares in issue. The market capitalisation of International Consolidat... is £10.13 billion. International Consolidat... has a price to earnings ratio (PE ratio) of 3.81.

International Consolidat... Share Discussion Threads

Showing 17126 to 17149 of 31075 messages
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DateSubjectAuthorDiscuss
01/5/2020
06:18
Unions are weak now here What can they do .. threaten strike !
jailbird
01/5/2020
06:16
BA is restructuring whole airline There will be job losses and more outsourcing of jobs
jailbird
01/5/2020
06:15
IAG going to have trouble with the unions sacking the pilots if they leave Gatwick.
montyhedge
01/5/2020
06:15
Gatwick will be closed indefinitely Consolidation of all flights to LHR
jailbird
30/4/2020
23:50
m1k3y1.have you moved to the same planet as Monty ?
Quote "How anyone on this BB can say that it is ok for IAG to sack 19,000+ employees and tear up contractual agreements is beyond me ."
1.Cabin crew must be in the region of 15000.No numbers for redundacy at the moment.
2.Flight crew roughly 1 in 4 to go,approx 1000+
Forget EVERYBODY else,and loose EVERY single cabin crew member,and that equates to 3000 less than your quoted figure,and 4000 above IAG quoted figure

962962
30/4/2020
23:48
Are you sure you don't have too many figures there??
npp62
30/4/2020
23:04
962962...total number of crew and pilots employed by BA.
BA saying all will be affected.

m1k3y1
30/4/2020
23:03
NPP not commercially sensitive
m1k3y1
30/4/2020
22:35
Trust me, you need to be very very careful what you say on these boards. If you've got commercially sensitive information, you really need to think first, and be careful what you write.
npp62
30/4/2020
22:23
M1K3Y1.Where does 19000+ come from.My reading over the last 2 days is UPTO 12000.It is obvious from your posts you are either an insider or have insider information,please feel free to share
962962
30/4/2020
21:32
No one is saying it is ok to put people out of work and offer inferior wages and conditions.

But the airline cannot afford to pay those terms and employ the same number of staff anymore.
That is an economic reality.

If it was our job on the line, then obviously we would want to survive.

Many of us will become poorer after this lot is over.
Higher taxes, dearer food, dearer air travel.

try to understand why the uk per capita is wealthy, and some African countries are starving. We have no right to permanent wealth.

careful
30/4/2020
21:13
How anyone on this BB can say that it is ok for IAG to sack 19,000+ employees and tear up contractual agreements is beyond me .

They have 9.5B euro in liquidity and have plenty of other options to explore , other than this.

It is pure opportunistic exploitation of employees and the virus situation.

m1k3y1
30/4/2020
20:46
My prediction. Apple buys ITV in the next 12-18 months to help lever their Apple tv exposure and content. Plus they get to use the iTV name.
It is no reason for others to invest and I must declare my 20,000 of their shares interest ;)

hamhamham1
30/4/2020
20:43
I have not been in for a while but the action WW appears to be taking is probably right for the long term survival of the company. Not great for employees thoughI will look at getting back in over next few days if keeps going in this direction
watfordhornet
30/4/2020
20:40
Monty.I've always had my doubts but now it's confirmed you are a real nobhead.What are the unions going to do call them out on strike.
962962
30/4/2020
20:37
you wouldn't say that if it was your job !

Wait I've got a great idea, while we are all in lockdown, why doesn't every employer sack everyone and re-employ them on much more inferior pay and conditions .........

If IAG can do it.......so will others.

m1k3y1
30/4/2020
20:24
Socrates - "The secret of change is to focus all your energy, not on fighting the old, but on building the new."
loganair
30/4/2020
20:13
Difficult to see how IAG could do anything else.
They have made the judgement that things will never be the same again.
There will be significant traffic but not at the same scale.


Many businesses will need to be right sized.
Not good for those involved.
But there is huge overcapacity.

But consider the total reduction of previously huge industries from coal mining, steel making, ship building, much of the motor industry, cinemas, dance halls, chemicals, machine tools. The list is long.

It seems change has always been with us.
The survivors act quickly.
Remember Murdock taking on the type setters in the newspaper industry.
Their skills had become obsolete.
The unions will fight, but change is inevitable.
The unions would fight the closure of a ship yard making sailing gun ships for the Navy.

careful
30/4/2020
19:25
Trouble with the unions coming.
montyhedge
30/4/2020
19:09
I underatand that around 45% of all flights out of Gatwick are BA.

I do not think that other airlines will come into fill the gap for quite a considerable time, many, many years.

I also do not see many of the routes BA fly out of Gatwick other airlines wishing to fly.

It seems to me that around 50% of cornoavirus deaths are not being reports as coronavirus deaths, those that happen in the home environment or in care homes for the elderly. Italy, Spain, France, UK and New York have all said this.

In the country I'm currently living in, at the moment all deaths for what ever reason and in all environments have to be checked for the coronavirus. To date, 79% of all coronavirus deaths in the country I'm currently living in have been in care homes for the elderly.

loganair
30/4/2020
18:54
albert......it would be naive to think that if BA left LGW , that other airlines would not fill the gap.
m1k3y1
30/4/2020
18:54
On average nearly 60,000 people die a week in the US, tragically that will be up to 70,000 on those figures.
About 10,000 of the 60k die from cancer and similar amount from heart disease it seems.

Let's hope the r value steadily heads down across the world.

hamhamham1
30/4/2020
18:42
So, it seems the misreporting figure of 12,000 employees being made redundant at BA is incorrect.
Including pilots and cabin crew the total number of flying staff being impacted by IAG's proposals is 18,608.

They are proposing the tearing up of ALL contractual and non contractual agreements and to only pay statutory redundancy payments to all 'colleagues' they get rid of. In addition, to use the phrase sent to cabin crew " to give all employees notice of dismissal by reason of redundancy and/or some other substantial reason"........

what a very unpleasant company they have become.

m1k3y1
30/4/2020
18:35
The residents around Gatwick will be very pleased if BA doesn’t fly there again.All the less pollution to worry about,take it all with a barrel load of salt though.
albert3591
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