UPDATE 2-UK launches action against Ryanair, British Airways over refunds [Reuters]
INTL CONSL AIRLNS S/ADR (ICAGY)
NASDAQ:AMEX Investor Relations:
iagshares.com
Company Research
Source: Reuters
UK launches action against Ryanair, British Airways over refunds By Paul Sandle , Sarah Young 3 Min Read LONDON (Reuters) -Britain’s competition authority said on Wednesday it was launching enforcement action against Ryanair and British Airways over their failure to offer refunds to passengers who were barred from taking flights under lockdown rules. During COVID-19 lockdowns across Britain, instead of offering refunds to those legally unable to fly, IAG-owned British Airways offered vouchers or rebooking and Ryanair providing the option to rebook. The Competition and Markets Authority (CMA) said the airlines might have breached consumer law and it had opened enforcement cases against them. The regulator’s move comes at a desperate time for airlines that have been choked by 15 months of COVID-19 restrictions. Britain continues to discourage most travel, leading to worries that the industry is facing a second lost summer, putting the airlines under further financial strain. CMA Chief
Show less
Read more
Impact Snapshot
Event Time:
ICAGY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ICAGY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ICAGY alerts
High impacting INTL CONSL AIRLNS S/ADR news events
Weekly update
A roundup of the hottest topics
ICAGY
News
- Lufthansa offers concessions to gain EU nod on ITA takeover [Yahoo! Finance]Yahoo! Finance
- Exclusive: EU regulators have not sought feedback on IAG's Air Europa deal, sources say [Reuters]Reuters
- British Airways-owner IAG mulls dividend payout this year, Bloomberg News reports [Reuters]Reuters
- British Airways Owner IAG Said to Consider Dividend in 2024 [BNN Bloomberg (Canada)]BNN Bloomberg
- DCVC wanted to raise $500M for its first climate fund, but the market had other plans [Yahoo! Finance]Yahoo! Finance