London, Feb 10, 2026, 09:21 GMT — Regular session
- IAG slipped 1.3% at the open in London, pulling back after hitting a fresh 52-week high at Monday’s close. 1
- Oil prices slipped Tuesday, pulling back after Monday’s surge sparked by U.S.-Iran tensions. That keeps the pressure on airline fuel costs. 2
- Eyes are on IAG’s full-year numbers, set for release Feb. 27. 3
International Consolidated Airlines Group (IAG), which owns British Airways, slipped 1.3% to 442.5 pence during Tuesday’s early session in London. The dip comes after the shares hit a new 52-week high at the previous close. 1
This comes right as IAG hits results season, with shares already sitting at a one-year high after riding the wave of robust travel demand and lighter costs. At these levels, the stock’s more exposed—minor moves in rates, oil, or even a mood swing among investors can land a bigger punch. 1
Fuel’s back in focus. Oil slipped on Tuesday, giving up some ground after Monday’s more than 1% jump. The earlier climb came on the heels of a U.S. warning for ships to steer clear of Iran’s territorial waters in the Strait of Hormuz—a critical corridor for global crude. 2
Jet fuel eats up a big chunk of airline expenses, so oil’s swings hit carriers hard. For many traders, crude’s direction serves as a stand-in for margin risk—even when fares hold steady.
IAG shares moved in a 441.5 to 447.2 pence band on Tuesday, LSE data showed, compared to Monday’s 448.5 pence finish. 1
Shares climbed 2.3% on Monday, finishing at 4.49 pounds, their highest level in a year, according to MarketWatch data. 4
Tuesday morning saw the FTSE 100 trading in the red, a drag for cyclicals. 5
Looking ahead, IAG’s full-year numbers land on Feb. 27. Investors zero in on forward bookings for spring and summer, unit revenue trends, plus any fresh signals on shareholder payouts. 3
Geopolitical flare-ups could send oil prices climbing once more. Just a short-lived jump is enough to rattle expectations, prompting some investors to cash out after recent gains. 2
Traders are also watching crude news out of the Middle East, while tracking if IAG manages to stay above the 4.49-pound level it just regained. 2
