International Consolidated Airlines Group shares fall 2.83% in weak London market
Updated
Updated · MarketWatch · May 8
International Consolidated Airlines Group shares fall 2.83% in weak London market
10 articles · Updated · MarketWatch · May 8
The stock closed at £3.85 on Friday as the FTSE 100 slipped 0.43% to 10,233.07.
IAG ended 17.08% below its 52-week high of £4.64, reached on 27 February.
Trading volume was 15.9 million shares, well below the 50-day average of 25.9 million, indicating lighter-than-usual activity during the broader market sell-off.
After a record profit year, can IAG's strategy survive a €2 billion fuel shock while still delivering its promised shareholder returns?
Is IAG's stock plunge the canary in the coal mine for a new global aviation crisis fueled by Mideast conflict?
As a top airline cuts growth and faces soaring fuel costs, will summer vacation flights become an unaffordable luxury this year?