IAG : Too many uncertainties in an already challenging environment
>We have downgraded our estimates for 2020 … - IAG’s Q3 2020 trading update, which fell short of expectations, with an operating loss before one-offs of € 1.3bn (consensus: -€ 920m), its Q4 guidance for capacity to be at best equivalent to 30% of 2019 levels and the shelving of the target of cash breakeven on operations, clearly underline the sharp deterioration in the environment over the winter. We have cut our estimates for 2020 and now expect a net loss before one...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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