|Bid||560.00 x 123000|
|Ask||0.00 x 327100|
|Day's Range||607.03 - 619.00|
|52 Week Range||281.73 - 619.00|
|PE Ratio (TTM)||7.15|
|Dividend & Yield||0.23 (3.02%)|
|1y Target Est||N/A|
IAG-owned airlines British Airways and Iberia are to follow Lufthansa by charging a fee for bookings via third parties, using new technology to take more control of their own bookings. The move will be a blow to global distribution systems (GDS) providers such as Amadeus IT Group, Travelport and Sabre, the share prices of which all fell on Friday. Amadeus and Travelport both dropped 4 percent while Sabre lost 1.7 percent.
British Airways parent IAG SA called on Heathrow Airport Ltd. to scrap plans for its new runway to span London’s orbital highway, saying the proposal could add 3 billion pounds ($3.9 billion) of costs....
U.S. and EU officials meet in Washington this week for further talks on aviation security, as the EU braces for an extension of a cabin ban on large electronic devices to U.S.-bound flights from Europe. The EU has over the last two weeks given the United States information about measures taken by the EU to improve security and has raised the safety risks posed by having large numbers of devices with lithium-ion batteries in the hold. The EU fears the United States has already made up its mind to extend the ban on flights from Europe to the United States and has told airports and airlines to be prepared, according to notes from a meeting, seen by Reuters, in which the European Commission debriefed industry representatives and member states on the result of talks with the United States.