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This is why FTSE 100 stock IAG’s share price is flying right now
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International Consolidated Airlines Group (LSE: IAG) share price has rocketed higher in recent weeks. Given mass vaccination rollouts, it’s perhaps no surprise. These have pulled infection rates down across the globe. These rollouts have raised the prospect of Covid-19 travel restrictions being walked back in the weeks and months ahead.
The IAG share price is up 22% since the turn of 2021. It’s a reading that smashes the 2% rise enjoyed by the broader
US$12.3 TRILLION out of thin air…
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IAG Share Price Gains Altitude As The Airline Posts A Record £6bn Loss cmcmarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cmcmarkets.com Daily Mail and Mail on Sunday newspapers.
The London-listed airline group, which also owns Iberia, Vueling and Aer Lingus, announced a post-tax loss of £6billion in 2020, the worst since its formation 10 years ago.