Consolidated Airlines Group (IAG.L) Is Expecting Share Price Growth

The shares of International Consolidated Airlines Group have been falling since February 2020 because of flight restrictions imposed by the worldwide pandemic Covid-19. If the stock closed at £642 on February 19, 2020, it started at £183.36 on July 9th and concluded at £184.84, with a gain of £3.48. Which demonstrates a significant difference between before and after the Covid-19. On the 16th of July, it opened at 165.66 and closed at 167.78 exceeding the previous close by 2.42. The average volume is greater than the total volume by 7,3 million. The EPS is -126.60. From July 19, double vaccinated people returning to England will not be needed to quarantine for 10 days, according to UK transport secretary Grant Shapps. Because of this decision, travel to 140 countries may be conceivable.

The UK government said that fully vaccinated travelers coming from amber-listed countries will not be needed to quarantine in England, causing a surge in airline and holiday bookings. According to the survey, Alicante, Corfu, Faro, Malaga, and Nice were among the most popular summer flying destinations.

Paul Meyer

Part-Time Reporter. Paul could do better in his engineering profession where he became a real pro. However, he chose the finance field to find a tranquil environment in his career. Today he creates a good number of great content for our team.

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