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IAG, being the most affected airline, will likely experience reduced passenger traffic, leading to revenue losses. Historical disruptions have shown that airlines can see stock price declines post-cancellation spikes.
What happened, with direct paths to the underlying reporting
Heathrow Airport closed due to power outage from a fire. 1,350 flights affected, including many from U.S. cities. International Airlines Group (IAG) is the most impacted airline. Significant disruption expected, impacting passenger travel plans. Heathrow's closure mirrors previous travel disruptions earlier in the year.
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