International Consolidat... Share Discussion Threads

[ccr1958] 30/3/2020 20:07

Illegal...

[m1k3y1] 30/3/2020 20:01

ccr......think you need to get your facts right.
I have seen the trip and spoken to the crew.

Crew passengering out and working back as well as working out and passengering back.
Maybe you think an 18 hr day to ACC and back makes it ok then.

[careful] 30/3/2020 19:32

Seem that HMG are playing hardball.
Shareholders must contribute first to save their airline.

Probably because they were stung yet again by Branson with the original Fly be bailout.
all taxpayers cash lost, Branson did not contribute a penny, he was major shareholder.

[flyingadventure] 30/3/2020 19:03

m1k3y1 that is so true, as your app shows BA are operating over a hundred flights most days arrivals/departures.

[m1k3y1] 30/3/2020 18:29

BA has been operating a lot of the repatriation flights already.
Cabin Crew are flying out as passengers on the same aircraft, then getting changed and working the flight back home.

They have been doing this with flights as long as SFO ! something in excess of 24 hours there and back working. Not my idea of fun and totally outside their agreements but good on them for helping.

Lots going on that people are not aware of and is not being reported.

[hamhamham1] 30/3/2020 17:52

I guess £50m out of the 75 is likely for BA in repatriation?

[flyingadventure] 30/3/2020 17:49

Bring em home British Airways !!!!!

[chester42] 30/3/2020 17:30

UK government working with airlines, including AIG to bring the 100's of thousands of UK nationals back to the UK where commercial flights aren't available.

[m1k3y1] 30/3/2020 16:48

Qantas.....I take it this is all supposition on your part and you actually don't know anything about what Walsh may or may not have a say in.

[qantas] 30/3/2020 16:33

WW may not have a say.

Please do your own research as always.

[m1k3y1] 30/3/2020 15:22

Still got aircraft in the sky at the moment , which is more than other carriers.

[ccr1958] 30/3/2020 15:22

IAG will never be nationalized under WW watch ....

[m1k3y1] 30/3/2020 15:21

ham...sorry not my area of interest.

[ccr1958] 30/3/2020 15:21

BA operating at 5% normal service ,pretty much gonna close down very soon ... How will that affect share price ?

[m1k3y1] 30/3/2020 15:20

Qantas......not a chance, with IAG that is.

[hamhamham1] 30/3/2020 15:19

Anyone know much about Meggitt?

[qantas] 30/3/2020 14:53

Re Virgin don't think the government will bail them out due Delta USA own 50%.

Please do your own research as always.

[m1k3y1] 30/3/2020 14:45

Thanks Logan


Quote from RNS
"IAG has total undrawn general and committed aircraft financing facilities equivalent to €2.1 billion currently, compared to €1.9 billion at the end of 2019. IAG has not drawn down on any of its facilities.

IAG continues to have strong liquidity with cash, cash equivalents and interest-bearing deposits of €7.2 billion as at 27 March. Total cash and undrawn facilities are currently €9.3 billion.

In addition, the Group is exploring a number of operational and treasury initiatives to improve further its cash flow and liquidity and will update the market in due course."

[qantas] 30/3/2020 14:45

Shorts will have a field day with this one.

My feeling is they will nationalize IAG just like they did with Northern Rock at a much lower share price.

So please be careful and keep updated daily as it will happen fast and overnight usually.

Please do your own research as always.

[loganair] 30/3/2020 14:22

British Airways has extended its revolving credit facility by one year to June 2021, with $1.38 billion currently available under it, giving the carrier some flesh to weather out hardships due to the coronavirus crisis, its parent company IAG said.

[hamhamham1] 30/3/2020 14:11

It's only when the tide goes out that you learn who has been swimming naked

[amaretto1] 30/3/2020 11:43

We have enough cash .. anyway !

[hamhamham1] 30/3/2020 11:39

Even if we keep the lockdown as short as Wuhan, then that's late May end at least. I think they'll do another month on top min. to be safe. But could be a lot more. Cummings self isolating, yay :)

[loganair] 30/3/2020 11:14

British Airways is consolidating all of its London Heathrow flights to its main Terminal 5, with the airline pulling out of Terminal 3.

The Terminal 5C satellite wing has also closed "until further notice"