International Consolidat... Share Discussion Threads

[knowing] 01/6/2018 11:33

I see no mention of this

[m1k3y1] 29/5/2018 19:20

use google translate

[m1k3y1] 28/5/2018 19:56

Telegraph
Britain 'open skies' deal with US due this summer as negotiators agree key terms

[m1k3y1] 28/5/2018 09:56

Use Google Translate
Ryannair and Norwegian new business model ?

[m1k3y1] 26/5/2018 14:03

Some years ago Indigo was on the radar for IAG, not sure if it still is but an interesting proposition.

[chiefbrody] 26/5/2018 13:23

Quite possibly.If oil continues its rise, it might be easier to pick up Norwegian for a bit less (assuming their share price tanks if the markets decide things are looking iffy for them).Short term movements anyway. Yada yada yada.Suspect WW has already decided that Norwegian is a good fit under the IAG umbrella and thats that.I'd be more surprised now if nothing comes of it.I'd still like to see a link up with one of the Eastern/Asian airlines (not sure if the rules over there forbid us from buying their airlines). Drag us upmarket a bit lol.

[m1k3y1] 26/5/2018 12:34

Agreed chief.
However, Norwegian are in a bit of a mess financially at the moment , which is why IAG have made the offer, I suspect.
Even small increases in fuel costs can have a substantial impact when you are struggling .
IAG are much better placed and with 7.7B in the banck , I think Kjos would be foolish not to accept.
Unless of course, it is a the power he finds attractive , with being CEO of Norwegian.

Personally , I think he is trying to angle for a position within IAG.
He won't get it of course.

[chiefbrody] 26/5/2018 12:02

Ah yes. Remember reading that Norwegian are heavily betting on a fall on oil prices.If the price carries on north for a few more quarters, they could be in a bit of bother.

[m1k3y1] 26/5/2018 08:51

Understand that Norwegian are circa 25% hedged while IAG are 70% for 2018

[chiefbrody] 25/5/2018 23:44

Depends how much they're hedged. A fair amount i believe.Can't see oil continuing in this relentless fashion. A pause and return to 60/70 wouldn't go amis.

[m1k3y1] 25/5/2018 23:11

but 30% increase from $60 to $80.
It will still hurt their bottom line.
I think Walsh may be successful.
We'll see

[neilrich] 25/5/2018 22:34

3% drop in the oil price Today, perhaps Norwegian have bet correctly.

[neilrich] 25/5/2018 22:31

Transaction in own shares for IAG was very low for Today.

[m1k3y1] 25/5/2018 21:15

This might have something to do with the SP

[m1k3y1] 25/5/2018 17:26

Depends how far you're going neil.
Not worth it on short flights

[neilrich] 25/5/2018 17:05

Very good positive end to the week....I shall enjoy my flight with BA this evening, only wish I'd upgraded to Club Europe when I had the chance!

[m1k3y1] 25/5/2018 16:49

The buyback program is probably helping but I suspect there is more to it.
The share price has been fluctuating a bit lately.
Close above 700 has to be positive though.

[neilrich] 25/5/2018 15:30

Not sure what's driving the share price Today, however I'd say a very positive movement from the technical analysis perspective.

[m1k3y1] 24/5/2018 20:26

Ryannair
We don’t catch falling knives': Ryanair denies courting rival Norwegian Air
hxxps://fora.ie/ryanair-norwegian-buyout-4032058-May2018/

[neilrich] 24/5/2018 18:04

I think that a joint bid would be a nightmare and therefore unlikely.

[m1k3y1] 24/5/2018 17:23

But what about a joint bid between IAG and Ryannair Neil ?
Even if it is just an agreement between the two parties as opposed to an officvial joint offer ?

[neilrich] 24/5/2018 17:04

I don't believe O'Leary shall bid for Norwegian, Ryanair have their own issues.

[m1k3y1] 24/5/2018 14:21

Truth or Bluster ?
Bjørn Kjos: Ryanair has shown interest in Norwegian
hxxps://www.smp.no/ntb/innenriks/2018/05/24/Bj%C3%B8rn-Kjos-Ryanair-har-vist-interesse-for-Norwegian-16763884.ece

Use Google to translate the page.