British Airways owner preps results amid Air Europa takeover delays

cityam05-06

One group of analysts believe the IAG share price could take off as growth returns. British Airways owner IAG will report its first quarter results on Friday as investor scepticism grows over its ...

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British Airways owner IAG will report its first quarter results on Friday as investor scepticism grows over its ...</p>\n\n<a href=\"https://www.cityam.com/british-airways-owner-preps-results-amid-air-europa-takeover-delays/\">Source Link</a>\n\n</div>\n","source":"cityam_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>British Airways owner preps results amid Air Europa takeover delays</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBritish Airways owner preps results amid Air Europa takeover delays\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-06 21:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cityam.com/british-airways-owner-preps-results-amid-air-europa-takeover-delays/><strong>cityam</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One group of analysts believe the IAG share price could take off as growth returns. British Airways owner IAG will report its first quarter results on Friday as investor scepticism grows over its ...</p>\n\n<a href=\"https://www.cityam.com/british-airways-owner-preps-results-amid-air-europa-takeover-delays/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AIRI","symbol_name":"Air Industries Group","start_time":0,"source_url":"https://www.cityam.com/british-airways-owner-preps-results-amid-air-europa-takeover-delays/","article_id":"2433471203","we_media_id":null,"thumbnails":["https://www.cityam.com/wp-content/uploads/2023/05/britishairways_216861645629936.jpg?w=286&h=161&crop=1"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2433471203","pubTimestamp":1715000459,"sourceInfo":{"source_id":"cityam_highlight","name":"cityam"},"weMediaInfo":null,"summary":"One group of analysts believe the IAG share price could take off as growth returns. British Airways owner IAG will report its first quarter results on Friday as investor scepticism grows over its latest attempt to purchase Spanish carrier Air Europa.There has been much consolidation in the market following the pandemic, with Lufthansa taking a 41 per cent stake in ITA Airways, and Air France snapping up a 20 per cent stake in Scandinavian carrier SAS.But the IAG, the conglemerate which also owns Iberia, Vueling and Aer Lingus, has faced roadblocks in its 400m  bid for Air Europa, which would see it acquire the remaining 80 per cent of the business it does not already own.Earlier this year, the European Comission issued a statement of objections to IAG’s proposed acquisition, citing potential reductions in competition on Spanish domestic, transatlantic and intrenational short-haul routes.","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"AIRI":"Air Industries Group"},"translate_title":"英国航空公司老板在欧洲航空公司收购延迟中准备结果","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AIRI":1},"content_text":"One group of analysts believe the IAG share price could take off as growth returns. British Airways owner IAG will report its first quarter results on Friday as investor scepticism grows over its latest attempt to purchase Spanish carrier Air Europa.There has been much consolidation in the market following the pandemic, with Lufthansa taking a 41 per cent stake in ITA Airways, and Air France snapping up a 20 per cent stake in Scandinavian carrier SAS.But the IAG, the conglemerate which also owns Iberia, Vueling and Aer Lingus, has faced roadblocks in its €400m (£342.6m) bid for Air Europa, which would see it acquire the remaining 80 per cent of the business it does not already own.Earlier this year, the European Comission issued a statement of objections to IAG’s proposed acquisition, citing potential reductions in competition on Spanish domestic, transatlantic and intrenational short-haul routes.\n\nLiberum analyst Gerald Khoo, who has reiterated a ‘buy’ rating for IAG, said: “While we see the strategic merit of the proposed deal, these could be constrained by the remedies required to secure EC clearance.“We remain cautious on the prospect of the deal being approved, with the first attempt having been effectively blocked and the EC’s stance on airline industry consolidation appearing to have become less supportive since.”Despite uncertainty surrounding its bid for Air Europa, IAG’s share price has continued a strong performance following a record financial year in 2023. 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