IAG Says U.S. Air Travel Capacity Cuts Won't Affect Its Airlines -- Market Talk

Dow Jones
2025/11/07

1144 GMT - International Consolidated Airlines Group, owner of British Airways and Iberia among other European airlines, won't be impacted by the reduction in air-travel capacity at U.S. airports, a spokesman for the London-listed company says. U.S. airlines have canceled hundreds of flights across 40 airports around the country, after the Federal Aviation Administration ordered traffic to be cut by 10% while air traffic controllers work without pay during the government shutdown. Meanwhile, Deutsche Lufthansa is monitoring the situation closely and remains in close contact with authorities, a spokesman for the group says. IAG shares are down 8.7% at 3.78 pounds after posting third-quarter results on Friday. Deutsche Lufthansa shares are down 2.2% at 7.30 euros. (cristina.gallardo@wsj.com)

 

(END) Dow Jones Newswires

November 07, 2025 06:46 ET (11:46 GMT)

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