London, Feb 11, 2026, 09:44 GMT — Regular session
- In early London trading, IAG shares fell roughly 0.9%
- After reaching a new 52-week high on Monday, the stock pulled back.
- Investors are focused on the full-year results due February 27, looking for clues on the 2026 outlook and cash strategies
Shares of International Consolidated Airlines Group SA dipped 0.9% to 432.6 pence by 09:44 GMT on Wednesday, having hit a low of 432.4 pence earlier in the session. (Investing)
The British Airways owner just rode a wild two-day rollercoaster, hitting a fresh 52-week peak before pulling back sharply. This is crucial as the group approaches its full-year earnings report, with fuel prices climbing once more—both factors that can quickly change the game for airline stocks.
On Tuesday, IAG shares slid 2.7%, ending the day at £4.36. That’s roughly 2.9% off Monday’s high of £4.49. Trading volume was below recent averages, suggesting some investors are on the sidelines, waiting for a fresh trigger. (MarketWatch)
Oil weighed on travel stocks early on. Brent crude, the global benchmark, jumped 0.8% to $69.37 a barrel, while U.S. WTI rose 0.9% to $64.52. The gains came amid U.S.–Iran tensions and signs of stronger demand from India. LSEG analysts pointed to a “bullish tail-risk” premium connected to the Strait of Hormuz. (Reuters)
IAG’s investor calendar shows its full-year 2025 results landing on Feb. 27. Investors often lean on that report to assess demand and pricing ahead of the summer season, while also keeping an eye on any remarks about costs and cash returns. (IAIR Group)
Maintenance capacity and parts availability continue to strain the sector, driving costs higher. Ryanair and engine manufacturer CFM International struck a 15-year deal for spare parts valued at over $1 billion annually, aiming to lock in supply as the airline expands its engine maintenance facilities. Ryanair CEO Michael O’Leary joked, “Beware the French bearing gifts; this is going to cost me.” (Reuters)
IAG, the parent company of Iberia, Aer Lingus, and Vueling, has shown relative strength among European airlines lately. Still, its stock remains highly reactive—rising or falling sharply as oil prices shift or as investors brace for increased costs.
Risks remain visible. A steady rise in fuel prices, fresh disruptions causing cancellations, or any hint that premium long-haul demand is weakening could shake forecasts, even if passenger counts stay steady.
Feb. 27 marks the next big date as IAG releases its full-year results and unveils its 2026 outlook. Investors are keen to see what guidance emerges on costs and demand, and if management signals any plans to boost shareholder returns.
