International Consolidat... Share Discussion Threads

[careful] 05/4/2020 21:10

Richard Branson once said that was easy to become a millionaire.
First you make £1 billion, then buy an airline.

How true that looks today.

[montyhedge] 05/4/2020 20:09

His a tax exile on his Necker Island, wants us to bail him out.

[grabster] 05/4/2020 19:53

If Branson wants taxpayers to bail him out, surely he should be asking the taxpayers of the country in which he pays his taxes?

[kdog2] 05/4/2020 16:53

I xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

[m1k3y1] 05/4/2020 16:08

Buffet has never liked airlines, even when he invests in them.

As for comparables...big difference between UK and USA airlines, not least of which is we have no Chapter 11 in the UK.

[waikenchan] 05/4/2020 15:52

Doesn't look like Warren buffet seems to confident in airlines, even with a goverment bailout in place. Cant be that much of a difference between a UK airline ans American airline.

[nw99] 05/4/2020 14:26

Yes buy BA don't touch Virgin

[sr2day] 05/4/2020 13:41

it will take years for IAG to recover from this.i don,t think it will go under but will take a couple of years at least to recover.in the meantime the share price will suffer. i doubt 200 pence is the bottom.in the next few weeks it will drift further to 150p or less.

[amaretto1] 05/4/2020 13:27

U need to subscribe ... paste it Because I'm not having another bloody newspaper subscription :-)

[paleje] 05/4/2020 12:34

Good article, nw99. I don't think anyone will feel too sorry for the tax-exiled bearded one, he's had his fill from the public purse over the years.

[nw99] 05/4/2020 09:58

Excellent article on BA Sunday Times looks strong vs peers .Will end up the winner out of this.

[jailbird] 05/4/2020 09:57

Monty I did hear Co saving £200m per month because of the 36k suspension

[careful] 05/4/2020 09:55

Sunday Times shows graphs comping average deaths p.w. in recent years compared to this year.
Average deaths p.w. normally peak at 14,000 p.w. in early jan reducing to 11,000 in march.

Good to see that the numbers of deaths are below average this year.

[hamhamham1] 05/4/2020 09:36

Buywell, why do you refer to yourself in the third party. Must odd!
Most people know that once on a ventilator its not a good prognosis. What would we do without you?

[montyhedge] 05/4/2020 08:22

Wonder how much they are losing per day in revenues, must be around 750m pounds.

[buywell3] 05/4/2020 07:58

Anything to do with the aviation sector at the moment is toxic.






Re Covid-19

buywell has been looking into this more than just about anybody on this website

IMO anyone that thinks this will be all over and sorted by christmas is kidding themselves

Watch for a second wave after lock downs have been lifted

Also watch for another wave from other 3rd world areas including Africa and parts of Asia

Also watch what happens in India , Indonesia and Malaysia.



It is grim


Even ventilators are NOT doing the trick as many currently think

Plus many that recover from Covid-19 are left with various organ damage due to Sepsis which kicks in after Covid pneumonia has caused lung damage.







Thus their will be an on-going cost to the NHS /taxpayer for lung, heart, liver, kidney, and brain injuries in a variety of mixtures depending upon the severity , length and depth of their Covid 19 Hospitalisation and viral load taken in.



In fact buywell is now of the opinion that Covid-19 is going to cost the world its entire GDP to fix

That will be in the order of $85 Trillion this year to christmas

More in 2021 if it is still doing the rounds ie no vaccine or drug treatment in place.


dyor

[porsche1945] 04/4/2020 17:13

@montyhedg. Video conferencing has been around for years you muppet.

[porsche1945] 04/4/2020 17:10

@smithy, good responses, i think the same, 360k die each quarter from car accidents, over 6 times more than this has killed over same period, this is an insane over reaction by the great unwashed.

[smithys2019] 04/4/2020 12:34

If everyone has had it, why will that be an issue?