International Consolidat... Share Discussion Threads

[hamhamham1] 31/3/2020 14:49

Monty. Didn't you cash in your short a while ago?

[dround87] 31/3/2020 14:34

Plenty of people on both sides here are making valid points worthy of attention. Some people are just here for sport.

[montyhedge] 31/3/2020 14:06

Load up then boys your make a fortune if you think back to normal within months. I'm short at 602p, so relaxed about it.

[m1k3y1] 31/3/2020 13:54

dround....good call.

[hamhamham1] 31/3/2020 13:34

I think the city will react more favourably in the share price if companies reduce or remove their divi. It would show prudence in the current circumstances. The main thing the city wants to hear is that you have enough money to ride it out!

[dround87] 31/3/2020 13:34

IAG isn't going bust smartie. The question is will it survive with or without bailout. It amounts to more or less the same thing for existing shareholders but I reckon the chances are it'll make it. V shaped recovery showing in china's PMI data last night. The world will fly again and IAG is one of the best placed airlines to pull through. I reckon you know that and you're just here because you like shouting boo at a bunch of unfortunate shareholders who are probably nursing some heavy losses. Nice one. Top bloke!

[montyhedge] 31/3/2020 13:31

Easyjet, Stellios wanted that dividend, once received everything suspended everything.

IAG surely will preserve cash and not pay, unless Willie Walsh who is leaving wants that dividend before he goes.

[loganair] 31/3/2020 12:26

A few years ago the airline I was flying for needed to lease in a further A320.

The choice was an aircraft straight from operating for Air France or one that had been sitting on the ground for 6 months. The Air France lease was more expensive compared to the aircraft that had been sitting on the ground for 6 months.

Being a typical airline, the airline went for the nominally cheaper option of leasing the A320 that had been sitting on the ground for 6 months.

I use the word nominally as all we ever seem to have was electrical problems with this aircraft, thereby the aircraft was all to often AOG because the aircraft had been sitting around on the ground for 6 months. After a year it would have been cheaper for the airline to have paid a slightly higher lease for the Air France as this aircraft had no such problems.

[loganair] 31/3/2020 12:09

Ryanair flying their aircraft for a few touch and go's or not doing so will make no difference to doing 'A' - 'B' checks etc I think it has more to do with keeping the engines and electrics running and in good working order.

Also Captain's must fly at least once every 30 days otherwise they need to go into the simulator for a check and also keeps the first officers in practice as well.

I do not think that medical currency will have been done away with nor would the flying currency as both would be dangerous to do so. I am sure that the pilots 6 monthly sim checks are still going a head as I know of at least one UK airline has already said as much.

[cashandcard] 31/3/2020 12:01

Smithy,


One of the other issues for Ryanair is the 737 Max issues means they will not be receiving those planes as previously expected. So, even in this crisis, they need to ensure the aircraft they have are ready to go when airspace starts to open up again.



Cash

[smithys2019] 31/3/2020 11:43

Easa have done away with the 80% slot requirement... also large swathes of regulation are additionally being waived, such as medical currency and flying currency.

In short there are plenty of mitigations in place to mean airlines shouldn’t have to do this. Only thing I can guess why RYR are Doing this is that their engineering is so well optimised that they are concerned they will not be able to unpack Their aircraft in the event of a rapid reversal in fortunes.

[cashandcard] 31/3/2020 11:39

NPP62,

In the last financial crisis, some estate agents were going around houses talking the talk, 'selling' to their own colleagues as there were so few viewings for several months - thus keeping their 'pitching' skills fresh.

Could they do something similar for airlines cabin crew? Get them onto parked planes and serve each other etc...


Cash

[npp62] 31/3/2020 11:35

It may also be to protect the slots which are worth a fortune on their own. Engineering wise, Aircraft during normal operations have pre flight checks, post flight checks, daily's, weeklies, 'A'checks then more in depth scheduled engineering which takes them off line for a few days or more. If not used for a period of time (7 days I think) the aircraft goes into 'parking' which results in more work to put them into... and get them out of 'parking'. It's good to avoid the need for this if possible. Flying also keeps the crews currency up to date. Another essential thing to do. No point being able to fly again only to find your crews are out of currency and are unable to fly before they are checked again!

[loganair] 31/3/2020 11:22

Europe’s biggest budget airline is operating frequent “ghost flights” – empty planes with no passengers – where aircraft take off, circle the airport, and land again.

For most of its fleet of 451 Boeing 737s, this appears to be happening around once every four days.

The reason for operating empty flights that don’t go anywhere is to maintain aircrafts’ operational availability.

Planes that have been grounded for a significant period have to be checked over before they are cleared to fly again, a process that keeps them from flying for even longer and costs the airline money.

[smartie6] 31/3/2020 11:11

How much can you continue to write daily? Surely there’s nothing more to say than bust?

[loganair] 31/3/2020 11:09

Dubai to support Emirates with equity injection.

[smithys2019] 31/3/2020 08:26

LoganAir is a Nigel Hater and Mickey is a Tarquin! Never have guessed! 😂

[thamestrader] 31/3/2020 08:25

Good. Hopefully this becomes permanent. Focus on LHR-T5. If (on return to normality) it gets overloaded, start flying direct from other UK airports (MAN, GLA, etc.) to save wasted time/capacity/carbon flying via LHR, or worse LHR and LGW, or indeed via AMS, FRA, DBX. This is an opportunity for BA to improve itself. Might not need that third runway, after all.

[qantas] 31/3/2020 08:15

Please do your own research as always.

[flyingadventure] 31/3/2020 07:58

British Airways suspends flights in and out of Gatwick.

[buywell3] 31/3/2020 04:00

Well said sir