IAG Investor Relations

Recent Broker notes

BarChart Indicators

Recent Market news

International Airlines Group (IAG) Fundamentals


International Consolidated Airlines Group, S.A., also known as International Airlines Group, is the name of an Anglo-Spanish holding company formed on 8 April 2010 as a result of the proposed merger between British Airways and Iberia.


The new company will be the third largest airline holding company in the world by revenue,with 419 aircraft transporting passengers between 200 destinations.The new company will carry over 62 million passengers per year, according to British Airways executives.Both airlines will, however, continue to operate under their current brand names. British Airways shareholders will take a 55% stake in the new company, while Iberia shareholders will own the remaining 45% stake.

IAG International Consolidated Airlines, benefiting from cheap oil and benefits go right down to the bottom line. GONE LONG

Charles Stanley Brokers. 28/11/2014

International Consolidated Airlines Group (ICAG: 458p) was one of several airline stocks
to power ahead on the news from Vienna and the BA/Iberia owner ended the day with a gain
of 4.8% (in busy trade). The chart reveals that this forms part of a larger move to the upside
that has seen the share price rally by 41% in the space of six weeks and, in the process,
reach a seven and a half year high. It now looks extremely overbought and some profit-taking
is possible but the bull case is still very much intact.

decided to join you all at 461.0

Bought in yesterday.

Haze, there is a God on my side sometimes!

This magnitude of fall in the oil price will more than DOUBLE the EBITDA of IAG ...imo

Have it marked for just short of 540, but may play it with crossed fingers.

what makes you think i'm on your side?
you're assuredly not one of the chosen :-)

I'm not god but i am something similar / Roberto Duran Panamanian Boxing legend .

that black jew muhamed ali and his brother sammy davis junior have both been accepted into the brothehood for God look-alikes

Manuel,

If I can find it and remember, I will have a circumcision!

8-)

Sugar turned negative with the market.

Just under resistance now.

Never mind it will return, got to with fuel price so low.

I see EZJ as fallen way back aswel.

EZJ
you're right; it's back to flat on the day but it had a good rise yesterday for sure

Airlines and the right travel stock are the thing to be in at the moment. All these cost cuts on fuel go to the bottom of the line and boost profit.

cynic Ali is not a Jew .

you don't say!

Nation of Islam , a Muslim. I take it you were joking i must wake up !

Nomura Buy 486.70 486.70 465.00 550.00 Retains

Iberia Investor Seminar

19 Dec 14 Credit Suisse Outperform 471.80 654.00 654.00 Reiterates
19 Dec 14 Liberum Capital Buy 471.80 600.00 600.00 Reiterates
19 Dec 14 Cantor Fitzgerald Hold 471.80 470.00 470.00 Reiterates

Just for info - I don't hold either these or Ryanair.

By
Thao Hua
www.wsj.com


They are already flying high, but budget airlines could gain more altitude thanks to lower oil prices.

Jet fuel is correlated with crude oil prices, which are down about 45% this year. But the nitty-gritty of different business models determines how much of the savings from lower oil prices filters through to the bottom line.

One factor is hedging: airlines who hedged a larger proportion of oil costs won't gain as much because they’ve already locked in higher prices. U.S. carriers tend to hedge less of their jet fuel costs than European counterparts and benefit more from fuel costs being priced in dollars, analysts say. European carriers can also lock in foreign exchange rates, but that comes at an additional cost.

Within Europe, another group that stands to do well is budget airlines. As fuel becomes a smaller proportion of the total cost for carriers, budget airlines’ lean operating model could give them more bang for their operational buck.

Next year, fuel should account for about 26% of the global sector’s total operating costs compared with 30% in 2013, according to industry body IATA. But for budget airlines, that figure is usually higher. Take Ryanair. Fuel costs account for nearly 45% of its operating expenses. That means fuel savings translate into a larger boost to pretax profit.

There may be another benefit for budget airlines—if lower oil prices are here to stay. These cut-price carriers could push ahead with low-cost growth. Ryanair, for instance, added four new bases and 57 new routes in the six months to September while unit costs fell 2%, mainly thanks to lower oil prices.

Meanwhile, discretionary spending—and leisure travel—tends to increase with lower oil prices. That should also disproportionately benefit budget carriers. On the other hand, some sectors such as energy companies could suffer, squeezing corporate travel budgets. That is more likely to hurt carriers such as IAG—the group that owns British Airways, which is more dependent on business travel for growth.