IAG : Height stabilisation
Although the deleveraging process is proceeding as planned, IAG is expected to take several more years to return to its pre-crisis financial position. This is partly because the profit recovery has been slowed (longer impact of UK health restrictions, challenges in increasing capacity due to airport congestion, soaring oil prices), but also because the group has decided to reinvest heavily in its fleet, even if it means taking a little longer to deleverage. - Yields on IAGLN bonds...International Airlines Group is an international scheduled airline and global premium airlines. Co.'s principal place of business is London with significant presence at Heathrow, Gatwick and London City airports.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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