London, Feb 8, 2026, 09:27 GMT — Market closed
- IAG shares climbed 4.33% to 438.50 pence on Friday, beating the wider UK market. London South East
- IAir Group’s schedule lists Feb. 27 for its FY-2025 results. IAir Group
- Shareholders got an update on Feb. 6—details in a fresh filing about total voting rights and treasury shares in the group. Investegate
Shares of International Consolidated Airlines Group (ICAG.L) finished Friday’s session 4.3% higher at 438.5 pence, with the British Airways parent hovering near its 52-week peak. Reuters
London markets are closed for the weekend, so attention now turns to whether last week’s momentum can hold up once trading picks back up on Monday — and to what investors might be looking for from airlines as earnings season moves forward.
Timing is key here. Airlines are caught between strong demand and solid ticket prices, but facing stubborn costs and plenty of headline risk. IAG’s stock has ended up right in the thick of it, hovering near a one-year high.
The mood improved by Friday, with London’s FTSE 100 finishing up 0.6%. Gains in major banks gave the index a lift after the Bank of England indicated rate cuts might be possible should inflation continue to cool, according to Reuters. Reuters
Airlines can’t catch a break on the supply front. Ongoing shortages of parts and late plane deliveries are making carriers rely on aging fleets, racking up bigger repair and lease expenses. “We are afraid that this new norm will stay, which is completely unacceptable,” said Jeffrey Lam, chief operating officer at ST Engineering. IATA reported that global passenger traffic in 2025 was 9.3% above 2019, and it expects a 4.9% increase this year. Reuters
Fuel prices are another key focus for traders. Brent ended Friday at $68.05 a barrel, rising 0.74%, with the prospect of military flare-ups looming after U.S.-Iran negotiations left tensions high. “We keep going back and forth on this Iran situation,” said John Kilduff, partner at Again Capital. Reuters
It was an active Friday for IAG, with shares moving in a 418.57 to 438.50 pence range. Volume landed around 14 million, according to Yahoo Finance data. Yahoo Finance
IAG pushed out a standard update on its capital structure this day. According to a Feb. 6 RNS, the company was sitting on 162,073,135 treasury shares—shares it had repurchased and kept on the books. Total voting rights came in at 4,565,128,012. London South East
But there’s risk on both sides here. Oil could spike, airspace could get tangled again, or fresh supply-chain headaches might hit—and when they do, margins can take a hit fast, especially for airlines juggling summer schedules and trying to keep costs anchored.
The next big marker for investors is IAG’s 2025 full-year results, dropping Feb. 27. The company has scheduled its conference call for 0845 UK time, according to a filing. cnmv.es
