International Consolidated Airlines Group SA (CDI) (IAG)

Sector:

Tourism and Leisure Services

Index:

FTSE 100

172.75p
   
  • Change Today:
      0.75p
  • 52 Week High: 186.45
  • 52 Week Low: 138.00
  • Currency: UK Pounds
  • Shares Issued: 4,971.48m
  • Volume: 8,109,151
  • Market Cap: £8,588m
  • RiskGrade: 338

EasyJet and British Airways cancel flights due to Covid related absences

By Iain Gilbert

Date: Monday 04 Apr 2022

LONDON (ShareCast) - (Sharecast News) - Low-cost carrier EasyJet and national carrier British Airways revealed on Monday that they had been forced to cancel approximately 100 flights each due to higher than usual levels of Covid-19 related staff absences.
EasyJet said it had attempted to offset the absences by utilising standby crew members but had still been forced to "make some cancellations in advance amid rising demand for travel ahead of the Easter school holidays.

The airline said the cancellations, which include 62 UK departures, were only a small part of today's schedule of around 1,645 flights.

"As a result of the current high rates of Covid infections across Europe, like all businesses, easyJet is experiencing higher than usual levels of employee sickness," said an EasyJet spokesman.

"Unfortunately it has been necessary to make some additional cancellations for today and tomorrow. We are sorry for any inconvenience this may cause."

EasyJet also noted that affected customers had been contacted and would be able to rebook on alternative flights or receive a voucher or refund.

IAG's British Airways has also been forced to cancel dozens of flights due to the fresh surge in Covid cases, with the flagship carrier scrapping 90 flights less than a week after its latest IT meltdown led to a string of cancellations last Wednesday.

Both EasyJet and British Airways have removed mandates that require passengers and staff to wear face masks on flights.

As of 0825 BST, EasyJet shares were down 2.16% at 543.0p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BA Market Data

Currency UK Pounds
Share Price 172.75p
Change Today 0.75p
% Change 0.44 %
52 Week High 186.45
52 Week Low 138.00
Volume 8,109,151
Shares Issued 4,971.48m
Market Cap £8,588m
RiskGrade 338

BA Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
85.07% above the market average85.07% above the market average85.07% above the market average85.07% above the market average85.07% above the market average
76.47% above the sector average76.47% above the sector average76.47% above the sector average76.47% above the sector average76.47% above the sector average
Price Trend
60.28% above the market average60.28% above the market average60.28% above the market average60.28% above the market average60.28% above the market average
75.00% above the sector average75.00% above the sector average75.00% above the sector average75.00% above the sector average75.00% above the sector average
Income
92.20% above the market average92.20% above the market average92.20% above the market average92.20% above the market average92.20% above the market average
80.00% above the sector average80.00% above the sector average80.00% above the sector average80.00% above the sector average80.00% above the sector average
Growth
98.43% above the market average98.43% above the market average98.43% above the market average98.43% above the market average98.43% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average

What The Brokers Say

Strong Buy 5
Buy 6
Neutral 5
Sell 0
Strong Sell 0
Total 16
buy
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BA Dividends

  Latest Previous
  Interim Final
Ex-Div 28-Nov-19 04-Jul-19
Paid 02-Dec-19 08-Jul-19
Amount 14.50¢ 16.50¢

Trades for 24-May-2024

Time Volume / Share Price
17:38 617,899 @ 172.46p
16:35 3,006,026 @ 172.75p
16:35 2,850 @ 172.75p
16:35 3,410 @ 172.75p
16:35 1,560 @ 172.75p

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