Travel stocks climbing higher on a wave of New Year optimism as Apple hits $3 trillion valuation

Travel stocks climbing higher on a wave of New Year optimism as Apple hits $3 trillion valuation

Susannah Streeter

Share Research – 4 January 2022 – Travel stocks climbing higher on a wave of New Year optimism as Apple hits $3 trillion valuation

Susannah Streeter, senior investment and markets analyst. Hargreaves Lansdown

‘’The FTSE 100 has set off on a sprint of New Year optimism, shaking off worries of inflation and concerns about the Chinese property market. Stocks reliant on international...

https://allaboutshipping.co.uk/2022/01/04/travel-stocks-climbing-higher-on-a-wave-of-new-year-optimism-as-apple-hits-3-trillion-valuation/

IAG expects passenger business to lag until 2023

International Consolidated Airlines Group (IAG), the parent of British Airways, (OTCMKTS: ICAGY) announced a profit loss of 535 million euros ($576 million) for the first quarter of 2020, compared to a profit of 135 million euros ($145 million) for the same period last year.

The company also said that Luis Gallego, who heads Spanish subsidiary Iberia, will succeed CEO Willie Walsh on September 24. Walsh postponed his planned retirement in March to help the company through the coronavirus crisis.

G...

https://www.freightwaves.com/news/iag-expects-passenger-business-to-lag-until-2023