Jul. 26 at 11:53 PM
$ICAGY https://apnews.com/article/spain-france-airline-802194bdc46d7e2c5c9b4d7b11ae62b7#
On July 23, around 50 Jewish children were removed from a Vueling flight by Captain Iván Chirivella. U.S. media, including The Telegraph, report that Chirivella once trained two of the 9/11 hijackers. Vueling claims the children were disruptive, but no evidence has been presented. The incident has sparked accusations of antisemitism and widespread international backlash.
This is a serious reputational crisis for IAG and Vueling. In my opinion, this could lead to a significant drop in IAG’s stock price. I remain bearish until the situation is clarified and resolved.