IAMGOLDNYSE: IAG

Air travellers have been warned that fares will have to rise to enable airlines to meet the cost of cutting emissions. Luis Gallego, the boss of British Airways owner International Consolidated Airlines Group SA (LSE:IAG), introducing "more expensive, sustainable fuel (SAF)" would “have a big impact” on the industry.

Iamgold (IAG) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

EU airline companies underperform in the market, but IAG is a bargain at current levels. IAG has a strong brand portfolio with a competitive edge, allowing the group to compete in various market segments. I have a positive outlook due to long-haul capacity upside, corporate travel demand, and leaner cost structure.

Spanish carrier Volotea said on Tuesday it was teaming up with Latin American airline holding group Abra - which owns Colombian airline Avianca and Brazil's GOL - to take over slots that IAG may have to sell if remedies are imposed to approve its merger with Air Europa.

British Airways owner IInternational Consolidated Airlines Group SA (LSE:IAG) shares rose 1.5% after it was revealed it could launch a buyback later this year to support a "modest dividend", according to analysts at RBC. After a meeting with the airline group's chief finance officer, RBC was reassured that full-year underlying earnings estimates of €3.6 billion were in line with trading said to be "positive overall".

EU antitrust regulators are asking whether rivals proposed by British Airways owner IAG to take over some of Spanish airline Air Europa's routes are capable of operating them and competing with IAG, people familiar with the matter said on Monday.

The latest trading day saw Iamgold (IAG) settling at $3.62, representing a +1.97% change from its previous close.

Toronto, Ontario--(Newsfile Corp. - May 29, 2024) - IAMGOLD Corporation (NYSE: IAG) (TSX: IMG) ("IAMGOLD" or the "Company") announces the voting results from the Company's Annual and Special Meeting of Shareholders (the "Meeting") held Wednesday, May 29, 2024. A summary of the results are as follows: Election of Directors The nominees listed on the Management Information Circular dated April 23, 2024, were elected as directors of the Corporation to hold office for the ensuing year or until their successors are elected or appointed.

British Airways owner International Consolidated Airlines Group SA (LSE:IAG)  was under pressure today after US partner American Airlines slashed its revenue forecasts and said its chief commercial officer had left. AA and British Airways are part of a transatlantic joint venture though the reports suggested the US airline's problems might be company-specific and related to an ongoing row with travel agents over its online bookings policy.