
The battered fortunes of International Airlines Group are in the spotlight today after the British Airways owner reported another big loss for its most recent quarter.
However, boss Luis Gallego told the City that trends are improving and that Monday's reopening of the transatlantic travel corridor is a pivotal moment for the industry.
Elsewhere today, markets were digesting the implications of yesterday's surprise move by the Bank of England to hold rates and also looking ahead to the release of monthly payroll figures in the US. The pound held firm today at 1.35 against the US dollar.