Passengers’ willingness to pay high prices underlines strong rebound in flying over the past year
International Airlines Group
Many corporate executives were quick to abandon video calls and get back on the road
Iseq All Share index ends session up 1.3%
Airline’s parent delivers a positive first quarter for the first time since pre-pandemic and upgrades profit forecast
Credit Suisse reported client outflows of €64 billion in first quarter
Euronext Dublin escaped the worst of it, outperforming international peers as it finished the day up 0.5 per cent
Airline recorded an operating profit of €45m in the year, bouncing back from a loss €338m in 2021, but it still lags pre-Covid 2019
Shares in engineering giant Rolls Royce climbed 23%, pushing up aviation and auto stocks
Iseq index shed more than 0.8% on Thursday during a low-volume session
Group expects expects operating profit to be in the region of €1.2bn for three months to end of September
ISEQ index closed 5.5 per cent higher on Tuesday, outperforming its European peers by a margin
Airline’s sister carrier British Airways has axed 10,000 flights, mostly due to capacity curbs at its Heathrow hub
‘Relief rally’ in airline stocks helps lift Irish and British indices into the green
Irish airline’s owner becomes latest aviation group to signal recovery from pandemic
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