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International Consolidated Airlines Group SA (ICAG.L)

ICAG.L on London Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Norwegian Air says had no prior knowledge of IAG's interest
Thursday, 12 Apr 2018 

April 12 (Reuters) - Norwegian Air Shuttle ASA ::COMMENT TO IAG'S<<>> ACQUISITION OF NORWEGIAN SHARES.NORWEGIAN HAD NO PRIOR KNOWLEDGE OF THIS ACQUISITION BEFORE IT WAS REPORTED BY MEDIA MID-MORNING THURSDAY.NORWEGIAN HAS NOT BEEN IN ANY DISCUSSIONS OR DIALOGUE WITH IAG ABOUT MATTER.NORWEGIAN BELIEVES THAT IAG'S INTEREST IN COMPANY CONFIRMS SUSTAINABILITY AND POTENTIAL OF OUR BUSINESS MODEL AND GLOBAL GROWTH.COMPANY HAS NO FURTHER COMMENTS AT THIS STAGE.HAS JUST BEEN MADE AWARE THAT INTERNATIONAL AIRLINE GROUP (IAG) HAS ACQUIRED OF 4.6 PERCENT OF SHARES.  Full Article

Norwegian Air says "positive" IAG finds it attractive
Thursday, 12 Apr 2018 

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

British Airways' Owner IAG considers bid for Norwegian Air, takes minority stake
Thursday, 12 Apr 2018 

April 12 (Reuters) - Intl Con Airline Grp ::STATEMENT RE PRESS COMMENT.NOTES RECENT PRESS SPECULATION THAT IT IS CONSIDERING MAKING AN OFFER FOR NORWEGIAN AIR SHUTTLE ASA.CONSIDERS NORWEGIAN TO BE AN ATTRACTIVE INVESTMENT AND HAS ACQUIRED A 4.61 PER CENT OWNERSHIP POSITION IN AIRLINE.CONFIRMS THAT NO SUCH DISCUSSIONS HAVE TAKEN PLACE TO DATE.IT HAS TAKEN NO DECISION TO MAKE AN OFFER AT THIS TIME AND THAT THERE IS NO CERTAINTY THAT ANY SUCH DECISION WILL BE MADE.MINORITY INVESTMENT IS INTENDED TO ESTABLISH POSITION TO INITIATE DISCUSSIONS WITH NORWEGIAN, INCLUDING POSSIBILITY OF A FULL OFFER FOR NORWEGIAN.  Full Article

IAG Posts 6.1 Pct Rise In December Traffic
Thursday, 4 Jan 2018 

Jan 4 (Reuters) - IAG ::TRAFFIC & CAPACITY STATISTICS - DECEMBER 2017.GROUP TRAFFIC IN DEC, MEASURED IN REVENUE PASSENGER KILOMETRES, INCREASED BY 6.1 PERCENT VERSUS DEC 2016.CAPACITY MEASURED IN AVAILABLE SEAT KILOMETRES ROSE BY 4.0 PERCENT IN DEC 2017 VERSUS DEC 2016.GROUP PREMIUM TRAFFIC FOR MONTH OF DECEMBER INCREASED BY 3.9 PER CENT COMPARED TO PREVIOUS YEAR.PASSENGER LOAD FACTOR IN DEC 2017 80.8 PERCENT VERSUS 79.2 PERCENT IN DEC 2016, +1.6 PTS.  Full Article

IAG Says ‍British Airways To Launch New Uk Pension Scheme
Friday, 8 Dec 2017 

Dec 8 (Reuters) - IAG ::‍BRITISH AIRWAYS TO LAUNCH NEW UK PENSION SCHEME AND CLOSE ITS MAIN DEFINED BENEFIT SCHEME TO FUTURE ACCRUAL​.BRITISH AIRWAYS DECIDED TO LAUNCH A FLEXIBLE BENEFITS SCHEME INCORPORATING A NEW DEFINED CONTRIBUTION PENSION SCHEME​.‍NEW SCHEME WILL OFFER MARKET-COMPETITIVE ARRANGEMENTS WITH A CHOICE OF CONTRIBUTION RATES AND ABILITY TO OPT FOR CASH INSTEAD OF A PENSION​.‍SCHEME WILL OPEN ON APRIL 1, 2018 REPLACING MAIN UK DEFINED BENEFIT SCHEME, NEW AIRWAYS PENSION SCHEME, MAIN UK DEFINED CONTRIBUTION SCHEME, BRITISH AIRWAYS RETIREMENT PLAN​.‍OVERALL FINANCIAL IMPACT ON BRITISH AIRWAYS WILL DEPEND, IN PART, ON TRANSITION ARRANGEMENTS MEMBERS SELECT​.  Full Article

IAG Posts 7 Pct Rise In November Traffic
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - International Consolidated Airlines Group Sa ::INTL CON AIRLINE GRP - TRAFFIC & CAPACITY STATISTICS - NOVEMBER 2017.IAG - GROUP TRAFFIC IN NOVEMBER, MEASURED IN REVENUE PASSENGER KILOMETRES, INCREASED BY 7.0 PER CENT VERSUS NOVEMBER 2016.IAG - GROUP CAPACITY MEASURED IN AVAILABLE SEAT KILOMETRES ROSE BY 4.7 PER CENT IN NOVEMBER.IAG - GROUP PREMIUM TRAFFIC FOR MONTH OF NOVEMBER INCREASED BY 7.3 PER CENT COMPARED TO PREVIOUS YEAR.  Full Article

IAG in the process of completing acquisition of Monarch’s slot portfolio at Gatwick
Monday, 27 Nov 2017 

Nov 27 (Reuters) - International Consolidated Airlines Group Sa ::IAG CAN CONFIRM THAT IT IS IN THE PROCESS OF COMPLETING THE ACQUISITION OF MONARCH’S SLOT PORTFOLIO AT GATWICK - STATEMENT.IAG SAYS SLOTS WILL BE USED BY ITS AIRLINES, PRIMARILY BRITISH AIRWAYS, ENABLING THEM TO GROW PRESENCE AT AIRPORT AND LAUNCH NEW DESTINATIONS- STATEMENT.  Full Article

IAG posts 4.4 pct rise in October traffic
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - IAG :TRAFFIC & CAPACITY STATISTICS - OCTOBER 2017.‍GROUP TRAFFIC IN OCTOBER, MEASURED IN REVENUE PASSENGER KILOMETRES, INCREASED BY 4.4 PER CENT VERSUS OCTOBER 2016​.OCT ‍GROUP CAPACITY MEASURED IN AVAILABLE SEAT KILOMETRES ROSE BY 2.7 PERCENT​.‍GROUP PREMIUM TRAFFIC FOR MONTH OF OCTOBER INCREASED BY 4.4 PER CENT COMPARED TO PREVIOUS YEAR​.  Full Article

IAG CEO to keep a close eye on possible non-organic sources of growth
Friday, 3 Nov 2017 

Nov 3 (Reuters) - International Consolidated Airlines Group Sa :IAG CEO says we'll keep a close eye on non-organic sources of growth.  Full Article

IAG Chairman says Catalonia getting back to normal as rule of law restored
Friday, 3 Nov 2017 

Nov 3 (Reuters) - International Consolidated Airlines Group Sa :IAG Chairman says believe market access issues around Brexit will be resolved in a favourable way.IAG Chairman says rule of law is being restored in Catalonia, things are getting back to normal.  Full Article