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Transport and Tourism News

Rolls-Royce share price dips amid ongoing Trent 1000 issues

Rolls-Royce Holdings’ (LON:RR) share price has fallen deep into the red in London this Tuesday, as the company increased the costs over its problematic Trent 1000 engines. Today’s update follows the engine maker’s annual general meeting statement in May when...

IAG share price takes off on better-than-expected results

International Consolidated Airlines’ (LON:IAG) share price has surged in London this morning as the British Airways and Iberia parent posted a rise in second-quarter profit. Today’s update comes after IAG recently disclosed that it had been notified by the Information...

TUI share price supported by Stifel comments

TUI Group’s (LON:TUI) share price soared in London in the previous session, benefitting from comments at Stifel which resumed coverage of the company with a ‘buy’ rating. The move comes ahead of the company’s third-quarter results on August 13. TUI’s...

Whitbread share price in the doldrums on Monday

Whitbread’s (LON:WTB) share price has taken a hit this Monday as the company wrapped up its buyback programme. The stock is further suffering as The Telegraph reported that hedge funds had taken a £1.5-billion bet against the Premier Inn owner....

easyJet share price: Analysts weigh in on results

Analysts at Fidelity International reckon that it could still be a tough summer for easyJet (LON:EZJ), even as the budget carrier stood out from rivals with a robust trading statement, Citywire reports. The comments came after the low-cost airline reported...

easyJet share price takes off after Q3 results

easyJet’s (LON:EZJ) share price has surged in early trading in London this morning as the low-cost carrier posted what it referred to as ‘robust’ performance in the third quarter of the financial year ending September 30 2019. The low-cost carrier...

easyJet share price flies lower ahead of Q3 results

easyJet’s (LON:EZJ) share price has slipped into the red in today’s session, with investors awaiting the low-cost carrier’s third-quarter results tomorrow. The update will come after budget peer Ryanair (LON:RYA) cautioned yesterday that as a result of  the current uncertainty...

IAG share price: Analysts weigh in on group after BA fine

International Consolidated Airlines Group (LON:IAG) faces a £183.4-million fine over a data breach which, AJ Bell reckons, could cost the company even more in customer trust, Citywire reports. The FTSE 100 company disclosed yesterday that  it had been notified by the...

IAG share price flies lower amid hefty fine prospects

International Consolidated Airlines Group’s (LON:IAG) share price has fallen into the red in London this Monday as it emerged that the company is facing a hefty fine over last year’s theft of British Airways customers data. The breach affected bookings...

IAG share price: Group not interested in Norwegian Air

British Airways and Iberia parent International Consolidated Airlines Group (LON:IAG) has no plans to revive a bid for transatlantic low-cost carrier Norwegian Air Shuttle, Bloomberg has reported. The news followed a Spanish report that an offer was likely to be made...

Carnival share price under pressure amid Barclays comments

Carnival’s share price (LON:CCL) closed lower in London yesterday as Barclays trimmed its rating on the blue-chip cruise operator. The move came after the FTSE 100 company trimmed its full-year profit forecast last week. Carnival’s share price ended the previous...

Trainline IPO sees ticket app’s shares surge

Trainline’s share price has soared in the company’s initial public offering (IPO) in London this morning, valuing the online rail tickets retailer at £1.68, as reported by Reuters. Trainline’s IPO comes hot on the heels of Slack’s stellar market debut...

Saga share price: Numis points to ‘good early progress’

Numis has its rating and target on the Saga share price (LON:SAGA) ‘under review,’ after the troubled cruises-to-insurance group for the over-50s showed ‘good early progress’ from new products, Citywire reports. The comments came as the FTSE 250 lifestyle company...

Whitbread share price subdued as investors digest Q1 update

Whitbread’s share price (LON:WTB) has fallen into the red in today’s session as the Premier Inn owner posted its first-quarter results, revealing negative sales growth. The company, which sold its Costa Coffee business to The Coca Cola Group in January,...

Saga share price sinks after AGM statement

Saga’s share price (LON:SAGA) has taken another heavy beating this morning, as the company pointed to political uncertainties which are weighing on its tour business. The news marks another blow for the cruises-to-insurance group for the over-50s which booked a...

Saga share price slides as CEO unveils plans to step down

Saga’s share price (LON:SAGA) is in the doldrums this Wednesday as the mid-cap company announced that its chief executive would step down at the end of the group’s financial year. The announcement comes at a sensitive time for the cruises-to-insurance...

easyJet share price: Airline could fly out of FTSE 100

easyJet (LON:EZJ) looks set to drop out of the benchmark FTSE 100 index, City A.M. has reported. The news comes ahead of the Footsie’s upcoming quarterly reshuffle this week. easyJet’s share price has fallen into the red this Monday, having...

FirstGroup share price: Analysts weigh in on shake-up

AJ Bell reckons that while FirstGroup (LON:FGP) has bowed to investor pressure and is considering spinning off its bus operations, this might not stave off calls for a change in management, Citywire reports. The comments came after the mid-cap group...

FirstGroup share price rises amid rationalisation plans

FirstGroup’s share price (LON:FGP) has jumped in London this Thursday as the company unveiled plans to break itself up. The update came as the company posted its full-year results this morning. As of 09:50 BST, FirstGroup’s share price had added...

Trainline IPO: Group looks to raise £75m

Trainline.com, the biggest UK online retailer of rail tickets, has unveiled plans to raise £75 million through an initial public offering (IPO) on the London Stock Exchange next month. The news of the Trainline IPO follows Uber Technologies’ (NYSE:UBER) recent disappointing...

Ryanair share price flies lower amid cautious outlook

Shares in Ryanair (LON:RYA) have fallen deep into negative territory this morning as the low-cost carrier posted a profit drop and said that its full-year outlook remained ‘cautious’ on prising. The update comes after FTSE 100 budget rival easyJet (LON:EZJ)...

easyJet share price takes off despite interim loss

Shares in easyJet (LON:EZJ) have climbed higher in London this morning even as the blue-chip carrier posted a loss for the first half of its financial year. The low-cost airline, however, reaffirmed its expectations for the financial year. As of...

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