Loading

International Airlines Group shares rise in quiet trade

Analysis

Shares in International Airlines Group (IAG), parent of British Airways and Iberia, rose 4.5% yesterday in quiet post-Easter trade.

UBS stated IAG was its top pick among European flag carriers, citing merger synergies and its improving pension position. IAG is scheduled to report its first quarter earnings on 06-May-2011. Click here for CAPA's full earnings calendar.

Elsewhere, Lufthansa rose 0.9% and Air France-KLM gained 1.2%.

Selected European airline daily share price movements (% change): 26-Apr-2011

Want More Analysis Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More