|Bid||660.00 x 123000|
|Ask||690.00 x 327100|
|Day's Range||663.60 - 675.60|
|52 Week Range||569.00 - 773.19|
|PE Ratio (TTM)||4.47|
|Earnings Date||Aug 3, 2018|
|Forward Dividend & Yield||0.26 (3.83%)|
|1y Target Est||8.17|
China Southern Airlines Co., one of the nation’s top three state carriers, is exploring a joint venture with British Airways for flights between the Asian country and the U.K., according to the company’s global sales director. Asia’s biggest carrier by fleet size is discussing with IAG SA’s BA on how to extend cooperation beyond the existing basic code-share agreement announced in December, Senior Vice-President Luo Laijin said in an interview Friday at London’s Heathrow Airport. The two are discussing special pro-rate agreements, flight connections from the U.K.’s capital to cities including Manchester, Edinburgh and Glasgow, as well as to some African cities.
Norwegian Air Shuttle said its days of rapid expansion were coming to an end as the low-cost airline admitted that its big push into transatlantic travel had made it vulnerable to being taken over . Europe’s ...
Britain's aviation regulator has stepped up planning for a "no deal" disorderly Brexit, identifying how many new staff would be needed and preparing safety systems to take on work now carried out by European authorities. The Civil Aviation Authority had said in January it was purposely not planning for a scenario where it was excluded from Europe's safety body, "as it would be misleading to suggest that's a viable option". Prime Minister Theresa May said on Friday the government would step up preparations for the possibility of Britain leaving the European Union without reaching a deal with Brussels.
China said on Friday that the United States should tell its airlines to change their websites to refer to self-ruled Taiwan as Chinese territory, after the United States said China had rejected requests for talks on the matter. China has demanded that foreign firms, and airlines in particular, begin referring to Taiwan as Chinese territory on their websites, along with Hong Kong and Macau, a move described by the White House in May as "Orwellian nonsense".
British Airways-owner IAG (ICAG.L) is expanding its new airline Level into short-haul routes, setting up an Austrian division which will provide low-cost flights between Vienna and destinations in Europe. Most budget airlines are focused on short-haul routes, but Level was established last year to offer low-cost long-haul flights, joining a handful of other airlines in this market, including Norwegian (NWC.OL). Austria has become the new front line in the battle between low-cost carriers after the collapse last year of Austrian airline Niki, part of bankrupt Air Berlin.
0917 GMT - Whitbread’s 1.3% decline in 1Q like-for-like sales is broadly consistent with Shore Capital’s expectations as March sales must have been hit by bad weather, the brokerage says. Shore Capital forecasts pretax profit of GBP613 million for the fiscal year, after the company said it expects to deliver full-year results in line with expectations. Whitbread still faces cost and trading headwinds but its efficiency program offsets some of those issues, the brokerage says.
London Heathrow airport’s 16 billion-pound ($21 billion) expansion plan may have cleared its last major political hurdle, but the project has yet to convince British Airways, the hub’s biggest customer. After U.K. lawmakers backed the construction of a third runway by 415 votes to 119 late Monday, BA owner IAG SA responded by saying that the financing arrangements proposed by Heathrow are likely to increase user charges and effectively require present-day passengers to fund future flights. “Parliament has approved Heathrow’s expansion without any idea of how much it will cost,” IAG Chief Executive Officer Willie Walsh said in a statement.
A sizeable part of portfolio returns can be produced by dividend stocks due to their contribution to compounding returns in the long run. Over the past 3 years, International ConsolidatedRead More...
A former British Airways pilot has been jailed for eight months after he went to work with a blood alcohol level far above the legal limit. Julian Monaghan was sentenced Tuesday at Lewes Crown Court. Judge Janet Waddicor said airline passengers are "entitled to feel that they are safe" on flights.
Let’s talk about the popular International Consolidated Airlines Group SA. (LSE:IAG). The company’s shares saw a double-digit share price rise of over 10% in the past couple of months onRead More...
Taiwan hopes countries around the world can show courage in the face of pressure from China on their companies to list the self-ruled island as part of China on their websites, Taiwan's foreign ministry said on Thursday. China has demanded that foreign firms, and airlines in particular, begin referring to Taiwan as Chinese territory on their websites, along with Hong Kong and Macau, a move described by White House as "Orwellian nonsense". Taiwan is claimed by China as its own, and is China's most sensitive territorial issue and a potential military flashpoint.
The British government's plan to build a new runway at London's Heathrow Airport faces a potential new challenge as the opposition Labour party has indicated that its members may vote against it. Senior ministers backed plans for a new runway at Heathrow on Tuesday, opening the way for a parliamentary vote within the next few weeks, following decades of delays. A spokesman for Labour said on Wednesday that the party's initial response was that the government's policy did not meet its four tests on addressing noise issues, protecting air quality, supporting growth across the country and not breaching the UK's climate change obligations.
LONDON—Budget airlines that helped make European vacations supercheap are setting their sights on business travelers. Budget airlines that have proliferated on trans-Atlantic routes want to tap those higher margins, too. For now, bigger airlines and budget newcomers say demand for premium-class travel is robust enough to drive business to carriers in both categories.
British Prime Minister Theresa May said on Wednesday that she would ensure a vote on building a third runway at Heathrow airport would come to parliament in a timely manner. "We will ensure that this vote is brought to this House in a timely fashion - there is a requirement for it to be brought within a certain period of time and we will ensure that that happens," May told parliament. May's ministers backed plans for the new runway on Tuesday, opening the way for a parliamentary vote after decades of delays.
Britain's decision to back plans for a new runway at London's Heathrow airport show the government is committed to keeping London well connected after Brexit, Prime Minister Theresa May's spokesman said ...
British ministers backed plans for a new runway at London's Heathrow airport on Tuesday, opening the way for a parliamentary vote after decades of delays, although the project could still face challenges before building starts. Heathrow is Europe's busiest airport but is now operating at full capacity.
Britain's transport minister said on Tuesday that senior government ministers have backed the expansion of Heathrow Airport, paving the way for lawmakers to vote on the new runway within the next 21 days. ...
A decision on Britain's aviation strategy will be announced later today, a spokesman for Prime Minister Theresa May said on Tuesday, referring to a decision on whether the government will back plans for a new runway at Heathrow airport. "Cabinet ... discussed the government's airports national policy statement," the spokesman told reporters.
Promises by the global airline industry to do more to promote gender equality veered off course when one of its top executives suggested his CEO role was too difficult for a woman. The issue of gender imbalance in aviation was a hot topic among over 200 airlines represented at the annual meeting of the International Air Transport Association (IATA) in Sydney, with the predominantly male gathering agreeing more had to be done. Asked about the issue among Middle East airlines in particular, and why his job as head of his country's flag carrier couldn't be done by a woman, outspoken Qatar Airways Chief Executive, Akbar al Baker, gave a typically provocative answer.
Qatar Airways could face a second straight year of losses in 2018 amid a regional dispute that has banned the airline from four Arab countries, the airline's CEO said on Tuesday. Qatar Airways has been blocked from flying to 18 cities in Saudi Arabia, the United Arab Emirates, Bahrain and Egypt since June 2017 when those countries cut ties with Qatar, accusing it of supporting terrorism.
Qatar Airways could face a second straight year of losses in 2018 amid a regional dispute that has banned the airline from four Arab countries, the airline's CEO said on Tuesday. Qatar Airways has been ...
SYDNEY, June 5 (Reuters) - Qatar Airways could face a second straight year of losses in 2018 amid a regional dispute that has banned the airline from four Arab countries, the airline's CEO said on Tuesday. ...
International Consolidated Airlines Group and Sylvania Platinum are two of the companies on my list that I consider are undervalued. There’s a few ways you can measure the value ofRead More...
Global airlines on Monday slashed their forecast for industry profits in 2018 on a spike in fuel costs, while warning higher interest rates and a host of geopolitical tensions would add to operating risks. The International Air Transport Association (IATA), which represents about 280 carriers, said the industry is expected to post a $33.8 billion profit this year, 12 percent below a previous forecast of $38.4 billion. "It's certainly true to say that 2018 is a tougher year, but airlines are doing a good job," IATA Director General Alexandre de Juniac told reporters at the association's annual meeting, adding that most of the profit decline was due to higher oil prices.
Global airlines issued a warning on Sunday over growing international trade tensions, saying they could damage the airline industry and the world economy. Alexandre de Juniac, director general of the International Air Transport Association (IATA), which represents most of the world's leading carriers, said the industry relied on open borders for the movement of goods and people. "Any measures that reduce trade and probably consequently limit passenger travel are bad news, not only for the global economy, but it's very bad news for this industry," de Juniac told Reuters on the sidelines of the annual IATA meeting in Sydney.