IAG Hit by Geopolitical Uncertainty, Forex Headwinds -- Market Talk
Dow Jones
Nov 07, 2025
0850 GMT - British Airways owner International Consolidated Airlines Group had a difficult third quarter, Richard Hunter, head of markets at Interactive Investor, says. The group, which also houses Iberia and Vueling among other airlines, was affected by the conflict in the Middle East, which led to a reduction of capacity at its Tel Aviv airport in Israel, he says. The inconsistent performance of sterling, the trade dispute with the U.S., and the impending U.K. budget--which could include tax increases--has done little to encourage customers to buy flight tickets, Hunter adds. Shares are down 7.9% at 3.81 pounds. (cristina.gallardo@wsj.com)
(END) Dow Jones Newswires
November 07, 2025 03:50 ET (08:50 GMT)
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