Streetbeat News

ICAGY

International Consolidated Airlines Group SA

https://www.iairgroup.com/es

CEO

William Walsh

Industry

Scheduled Passenger Air Transportation

Open

7.44

Mkt cap

18B

Volume

62K

High

7.57

P/E Ratio

6.61

52-wk high

7.57

Low

7.44

Div yield

0.01

52-wk low

3.51

International Consolidated Airlines Group S.A. (ICAGY) held its Q3 2024 earnings call, discussing financial results and company performance. Key executives, including CEO Luis Gallego and CFO Nicholas Cadbury, participated in the call, along with representatives from Aer Lingus and British Airways. Analysts from various financial institutions also attended.

Portfolio Pulse from

November 08, 2024 | 9:00 pm

The European Union is scrutinizing IAG's planned acquisition of Air Europa for $427.7 million due to competition concerns. The merger could lead to higher prices and reduced service quality, particularly in Spanish and Latin American markets. The European Commission has issued a formal statement of objections, and IAG has until June 10, 2024, to propose measures to address these concerns. IAG's shares fell by 0.80% to $4.33 following the news.

Portfolio Pulse from Akanksha Bakshi

April 29, 2024 | 2:57 pm

Intl Cons Airlines Group (ICAGY) is set to release its latest quarterly earnings report on October 27, 2023. Analysts estimate an earnings per share (EPS) of $0.39. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $3.34 and has seen a 27.68% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 26, 2023 | 4:00 pm

AT&T and Verizon face investor skepticism over lead-cable issue and debt load. Adidas receives orders worth $565M for unsold Yeezy inventory. IAC and publishers form coalition to address AI platform concerns. Tesla plans to meet India's commerce minister to discuss factory plans. Spotify raises prices for its premium plans in the U.S. CME Group plans to terminate 3% of workforce. Domino's Pizza reports a sales decline in Q2. Chevron releases Q2 results and announces management changes. Philips reports Q2 sales growth. Alnylam enters agreement with Roche for hypertension therapy. FDA approves BD's Alaris Infusion System. ViiV Healthcare's cabotegravir secures European backing for approval. IAG invests in Nova Pangaea Technologies.

Portfolio Pulse from Vandana Singh

July 24, 2023 | 2:07 pm

International Consolidated Airlines Group SA (ICAGY) has invested in Nova Pangaea Technologies (NPT), a cleantech company that develops advanced biofuels for Sustainable Aviation Fuel. The investment will speed up the development of NPT's first commercial-scale waste-to-fuel production facility, NOVAONE. The deal makes ICAGY a minority shareholder in NPT. ICAGY plans to use NPT's technology to help other airlines in its group decarbonize.

Portfolio Pulse from Akanksha Bakshi

July 24, 2023 | 1:19 pm

Ryanair plans to buy slots that International Consolidated Airlines Group (IAG) may sell for its planned acquisition of Air Europa. Ryanair is interested in slots in Canary and Balearic Islands and in Madrid as they are in a growth phase in Spain.

Portfolio Pulse from Akanksha Bakshi

June 12, 2023 | 1:11 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.