International Consolidat... Share Discussion Threads

[philanderer] 02/8/2016 16:08

Still waiting to get back in here ... tricky to just sit on your hands ;-)

HSBC retains 'reduce' raises target from 300p to 325p

[skinny] 01/8/2016 11:05

Beaufort Securities Buy 394.50 - - Reiterates

Deutsche Bank Buy 394.50 610.00 590.00 Reiterates

Barclays Capital Overweight 394.50 420.00 420.00 Reiterates

[csmwssk12hu] 01/8/2016 10:58

What a great way to talk the price down so you can buy more on the cheap, does anyone actually believe that statement, they will keep moping these up every time they fall below 400p imho they will use others to buy upto 3% lots until they have there 49% limit again imho.

[skinny] 01/8/2016 08:10

1 August 2016

Doha, Qatar - On 12th July 2016 Qatar Airways announced that it held a 15.67% shareholding in IAG and reiterated that it may consider increasing its stake further within the allowable limits. Non-EU shareholders of IAG including Qatar Airways are subject to an overall cap on non-EU ownership as a result of the requirement for EU airlines to be majority owned by EU shareholders.

As of 28 July, Qatar Airways is pleased to announce that it now holds 20.01% of IAG. While Qatar Airways' interest in IAG is purely financial, the increased shareholding reflects the strength of commercial and strategic ties between the companies and evidences the continued support for the ongoing strategy of IAG.

"The recent market valuation of one of the world's leading airline groups has provided what we believe is an attractive opportunity to increase our shareholding in IAG. We continue to be highly supportive of IAG's strategy and management team and we do not intend to increase our percentage shareholding further unless there are material changes to the current situation." said Akbar Al Baker, Group Chief Executive of Qatar Airways.

[redbaron10] 29/7/2016 18:08

Cheers for that.At least an active buyer will support the share price.The hits just keep on coming for this stock.They have confirmed infections of zika in Florida now.At least Willie had the good sense to kitchen-sink everything in terms of all the bad news that can affect an airline.He must have been hoping for a quiet life here as CEO after all the labour issues he's confronted over the years,yet now he seems to be fire-fighting everywhere!What else can happen here now?

[csmwssk12hu] 29/7/2016 16:39

I think Qatar will keep building a stake in this right up to 49% while the pound is at these levels and share price is low due to all the uncertainties, whether they can take over or not I wouldn't be sure as if we leave EU and don't get passporting then we will need Madrid hq, if we do get pp then it may be condition that max 49% rule applies, if it doesn't I can see how moving to London for Qatar takeover but for now I think they will stick to stake building across Europe

[redbaron10] 29/7/2016 13:19

Does anybody know if Qatar could make an offer for IAG if we eventually leave the EU.I know there are rules regarding buyouts of national carriers,but does this apply to IAG? I appreciate IAG is registered in Madrid,but moving from there wouldn't be difficult if a takeover was possible.

[philanderer] 29/7/2016 11:07

29 Jul 16 Cantor Fitzgerald Hold target 520.00 Reiterates
29 Jul 16 Liberum Capital Hold target 375.00 Retains

[bonio10000] 29/7/2016 09:54

Disgrace the old BA is domiciled in Spain anyway.

Iberia is a terrible airline !

[chiefbrody] 29/7/2016 09:46

Aye. Profit still rising.Disappointing no interim dividend though.

[csmwssk12hu] 29/7/2016 09:14

Cutting through the bs they are making money and lots of it I remember the days when in supposed bad times airlines lost fortunes, facts are brexit is here to stay the new pound rate will be between 1.25 to 1.38 long term the good point is oil prices are doomed because electric cars are coming and who knows one day electric planes(although give me a jet anyday) prices of flights will rise to maintain profits and the fittest and biggest along with smallest and nimblest will survive and grow, IAG are in the fittest and biggest and will get fitter, bought a load at 3.60 sold at 4.20 yesterday back in bigger at 4.03 today, these will get back past 5.00 within a year imho they will have spikes and troughs doing it next test is around 4.40 if they crack that 5 will come quick if they don't we will visit around 4 again imho

[skinny] 29/7/2016 07:58

International Consolidated Airlines Group (IAG) today (July 29, 2016) presented Group consolidated results for the six months to June 30, 2016.

IAG period highlights on results:

· Second quarter operating profit €555 million before exceptional items (2015: operating profit of €530 million), excluding Aer Lingus €487 million
· Net foreign exchange operating profit impact for the quarter adverse €148 million
· Passenger unit revenue for the quarter down 10.2 per cent and at constant currency down 6.2 per cent (excluding Aer Lingus and at constant currency down 6.5 per cent)
· Non-fuel unit costs before exceptional items for the quarter down 1.1 per cent and at constant currency up 0.8 per cent (excluding Aer Lingus and at constant currency up 1.3 per cent)
· Fuel unit costs before exceptional items for the quarter down 31.2 per cent, down 29.3 per cent at constant currency
· Operating profit before exceptional items for the half year €710 million (2015: operating profit €555 million), up 27.9 per cent. Excluding Aer Lingus €668 million
· Cash of €6,561 million at June 30, 2016 was up €705 million on 2015 year end
· Adjusted gearing down 1 point to 53 per cent and adjusted net debt to EBITDAR improved 0.2 to 1.7 times

[npp62] 27/7/2016 21:59

The public have spoken. This isn't best of 3... Apparently Brexit means Brexit.... Then I don't trust anyone!!

[netcurtains] 26/7/2016 09:43

The ONLY PLACE ON PLANET EARTH where Brits can work FLY FLY FLY and come home week-ends is the EU...

This goes for academics , IT workers, City Workers, Plumbers, Electicians the lot...

There is no alternative to the EU...

REMAIN.. The second referendum petition is still going up 200 signees a day... Keep it going there is still a month until TV debate in parliament


It will send Airline shares ballastic - keep signing

[milliecusto] 26/7/2016 08:55

No eruption due

[alphorn] 26/7/2016 08:40

Another big rumble from Katla.

[robo175] 24/7/2016 10:25

American actually up over 4% though, I think the drop here is overdone, however might be a bit more short term downward pressure.

[philanderer] 22/7/2016 13:30

'American adds to downbeat mood for airline sector'

5 minutes ago

No soft landing for American Airlines.

[bili1946] 21/7/2016 20:22

Interesting to see that a couple of months ago many major brokers shooting for 750/850p
Beware ......!

[philanderer] 21/7/2016 14:34

Poor from Lufthansa as well.

[philanderer] 21/7/2016 10:03

Read across from EZJ this morning.

[philanderer] 20/7/2016 13:24

JP Morgan

Downgrading EZJ and IAG from Overweight to Neutral given their
greatest relative exposure to the UK (c.60% of total capacity) and Sterling
(c.45% and c.35% of revenue, respectively). Chief contrasts: EZJ’s LCC
model geared toward UK short-haul traffic with greater GBP exposure vs.
vs. IAG’s fuller service offering, lower c.20% UK short-haul exposure,
greater mix of higher-yielding premium traffic and lower effective fuel cost.
This is based upon interrogation of current flight schedules

[philanderer] 19/7/2016 16:47

High five for Wi-Fi

Customers flying with BA will be able to connect to high-speed Wi-Fi from early 2017. Parent company IAG has reached an agreement with in-flight connectivity specialist Gogo, which will also see Aer Lingus and Iberia flights fitted with the technology. The first long-haul aircraft to be equipped with the service will be a BA Boeing 747-400