International Consolidat... Share Discussion Threads

[montyhedge] 05/3/2020 09:10

I really think back to 2104 low of 315p. With bounces on the way of course, but it will get there.

[loganair] 05/3/2020 09:04

Looking at my local airports flight arrivals and departures board it has been decimated with over 50% of the flights Cancelled. This morning only 3 flight departures are left running.

[1 nhs] 05/3/2020 08:53

Over 50s travel and insurance business Saga warned today that coronavirus-inspired cancellations and low demand in its travel arm could hit its full year earnings.

The cruise ship-operator said it had seen a “higher level of cancellations for departures in the near-term and more generally a lower level of bookings for departures further out”.

It said its tour operations business had experienced an “increase in cancellations and suppressed demand in line with the industry”.

Saga said forward passenger bookings for 2020/21 were down around 20 per cent versus the prior year, “with a more significant impact in recent weeks


READS 50% 60% 70% 80 % SLUMP IN RECENT BOOKINGS

[fernandesb] 05/3/2020 08:44

Hi Careful,
Unlike many Idiots on this BB who are really only interested in money, you have written something that sums up the whole situation.This Virus is sometimes compared to the seasonal Flu which kills many people every year,but when you research this Virus and how it attacks the Lungs and other vital organs, you get an Idea of how serious the situation is

[1 nhs] 05/3/2020 08:38

Airlines are terribly exposed to slight changes to load factors.

Falling off a cliff = bust within weeks .

Costs can’t be adjusted fast enough

End of

[1 nhs] 05/3/2020 08:36

One profit warning a week is on its way as predicted

[montyhedge] 05/3/2020 08:28

I flying BA next week, first time ever I don't have to reserve seats for a fee, the agent said plane half full. I asked Customerservice if customers cancelling he said yes.If Coronavirus carries on, surely a profit warning coming.

[1 nhs] 05/3/2020 08:26

systems.
montyhedge5 Mar '20 - 08:18 - 10112 of 10113
0 0 0
For other airlines, I suppose good news if another goes bust.
But surely profit warnings coming, half empty planes and cancellations. They are strong enough to survive, but profits going to hit, I think IAG probably hit the worst.
1 NHS5 Mar '20 - 08:22 - 10113 of 10113 Edit
0 0 0
Hit !!

Your going bust

Do the sums

Let’s say 75% drop in passengers, split over all destinations, that constantly change.

Throw in sick crew and airport staff.

Then planes trapped in wrong country

The the LUTON HQ getting a slug of virus .

It’s a tiny operation

Then air traffic shutdowns



WAKE UP

[montyhedge] 05/3/2020 08:25

Don't be a idiot all your life, take a day off.

[1 nhs] 05/3/2020 08:24

Wait till gone bust

Protect your family

[montyhedge] 05/3/2020 08:19

Like I said I'm waiting for the first profit warning, then below 400p.

[hamhamham1] 05/3/2020 08:04

As Churchill once said "this isn't the beginning of the end but it is the end of the beginning" or something like that???

[montyhedge] 05/3/2020 08:02

I suppose good news if another airline goes bust. But profit warnings, must be on the way from all airlines.With half full planes and cancellations.

[nw99] 05/3/2020 07:56

Agreed first we have to have the statement on what it costs the company that's the big problem . Investors don't like uncertainty

[dround87] 05/3/2020 07:55

We'll get it next week should think. Holding out. Have discipline. This isn't recovery as much as I'm sure a lot of people want it to be!

[nw99] 05/3/2020 07:49

Still looking for an entry point sub 400

[m1k3y1] 05/3/2020 07:36

sr2....do you own any IAG shares , or trade in them ?

[1 nhs] 05/3/2020 07:33

Basically the worlds workers are not producing goods and services

That’s what will kill the economy, and your airline .

You don’t need to be a genius.

It’s happening now, at a super fast rate.

The stock market thinks it knows best, and free money will keep the show on the road.

Incorrect

[qantas] 05/3/2020 07:01

NHS total waste of time.

[spob] 05/3/2020 06:55

I'm surprised they bother to cover the US election on UK TV every day

It's obvious Donald is going to walk it

[hamhamham1] 05/3/2020 06:48

Looking at the Dow, Bernie is toast.

[1 nhs] 05/3/2020 05:26

0 0 0


Founded 1998
(PricewaterhouseCoopers)
1849
(Price Waterhouse)
1854
(Coopers & Lybrand)[1]
Founder Samuel Lowell Price, Edwin Waterhouse, William Cooper Edit this on Wikidata
Headquarters London, United Kingdom[2]
Area served
Worldwide
Key people
Robert Moritz (Chairman)[3]

Revenue Increase US$42.4 billion (2019)[4]

Number of employees


250,930 (2018)[4]
Website www.pwc.com
PricewaterhouseCoopers is a multinational professional services network of firms operating as partnerships under the PwC brand. The term "PwC" may be used to refer to an individual member firm within the PwC network, or to several or all of them collectively. PwC ranks as the second largest professional services firm network in the world.

[1 nhs] 05/3/2020 05:20

Here we go , ( as predicted) !!

39 million deaths, trillion dollar slice from global economy, as PWC warns on coronavirus toll

By Peter Ryan on The World Today




Download 39 million deaths, trillion dollar slice from global economy, as PWC warns on coronavirus toll (1.97 MB)

There are alarming projections about that human toll from the coronavirus with one warning that as many as 39 million people could die in a pandemic.

The dire outlook from the advisory firm PriceWaterhouseCoopers warns half the world's population could contract the deadly disease over the next year.

PWC says a US$1 trillion could be carved from the global economy and $34 billion in Australia where the government's forecast surplus could swing into a heavy deficit not seen since the global financial crisis.

ABC's Peter Ryan with the latest on the economic fallout.

Duration: 4min 18sec
Broadcast: Thu 5 Mar 2020, 12:18pm

/////////////////////////////////////////////

The above from a very respected organisation gives us a clue what’s happening right now.


Put your family first