International Consolidat... Share Discussion Threads

[962962] 22/5/2020 18:14

gooner.just reroute yourself via Dublin.

[gooner1886] 22/5/2020 18:07

Lol from june the 8th what about theLast 3 months? Im abroad and returning in august priti can suck ballsOn that rule

[arai] 22/5/2020 18:01

£1000

[npp62] 22/5/2020 17:55

£100 fine? Plenty of people will just take a chance. £100 not worth worrying about!

[watfordhornet] 22/5/2020 17:31

Well that is not practical.They need to stop focussing on when people arrive and focus on checking people b4 they got on a plane.2 week's quarantine- may as well just keep planes grounded

[silkstag] 22/5/2020 17:27

It is official:
Travellers arriving in the UK from 8 June will have to tell the authorities where they will be staying and face spot checks to ensure they quarantine themselves for fourteen days, the home secretary, Priti Patel, has confirmed.

All new arrivals, including UK citizens, will be expected to fill in an online “contact locator form”, including onward travel information. Failure to do so is punishable by a £100 fine.

[962962] 22/5/2020 17:22

m1k.Sorry we seem to be crossing posts.Agree re accounts with accounts at companies house,but these would only be a precis of the iag figs,but with the other members figs excluded.Delay may be due to furlough etc,but would be the same.

[962962] 22/5/2020 16:53

m1k.As a follow up,BA does not have a board of directors,only IAG does.Of the 12 directors of IAG 5 are spanish covering the Iberia/Vuehlig stake,and 7 non spanish,covering the BA/Aer lingus stake.BA is run ( If you want to term it that way),by a senior management team,Headed by Alex Cruz.That team is,as the title suggests.a senior management team,and nobody on that team holds Board status.

[m1k3y1] 22/5/2020 16:43

962......latest Accounts filed at Companies house for British Airways made up to 31st December 2018.

Next Accounts made up to 31st December 2019 would normally have been filed last month.

[m1k3y1] 22/5/2020 16:41

indeed ........

[arai] 22/5/2020 16:23

No one wants to be holding over a 3 day weekend with Priti in charge.

[962962] 22/5/2020 16:21

m1k.Ba do not issue figures in their own right.They are included in the IAG figures,as a breakdown with the other airlines in the group.The latest accounts for the group were published 28 February 2020,as per RNS 4714E issued at 0700 that day.

[montyhedge] 22/5/2020 15:44

14 day quarantine just about the final nail.

[m1k3y1] 22/5/2020 15:00

I recall there being some recent debate about IAG employees and BA employees on this BB.

I have been looking at the last set of accounts posted by BA 31st December 2018 and it states that 4 of the Board of BA are actually Employed and remunerated by IAG.

The more you look at it, the less British, British Airways looks.

[m1k3y1] 22/5/2020 14:01

Can't see Cathay surviving this latest news from Hong Kong.

[nathandc] 22/5/2020 13:08

I will fly without a vaccine - most people have had or will get C19. Doomsday is not the scenario The share price reflects the market conditions and revenue impact. Other airlines are going to start flying - we are going back to work Why not IAG ? Because it does match YOUR investment? DYOR

[tom thumb] 22/5/2020 12:54

It is highly likely that there will be an antigen POC test available by summer.

It will enable planes to fly at capacity and give passengers the reassurance to get
back into the skies

[m1k3y1] 22/5/2020 12:54

forget a vaccine...you could be waiting forever.
It will have to be testing at airports , or you have to provide passport / certificate to show you were recently tested negative.

This 14 day quarantine is ridiculous and totally unenforceable.

[montyhedge] 22/5/2020 12:38

Yes flying but what 30% to 40% full. Who in their right mind will fly until vaccine.

[nw99] 22/5/2020 12:19

Virgin flying from Aug

[silkstag] 22/5/2020 11:51

McDermott International Inc (MDR) went down exactly this path for the same reasons as IAG. MDR left NYSE after share price collapse.
$11 in July 2019 to $0.07 in Jan 2020. -99.4% in 6 months. Overwhelned by recurring trading losses and creditors versus inadequate asset utilisation.
'This can't happen to IAG' ... because?
It will imho. Look at MDR RNSs. Deja vu. DYOR

[silkstag] 22/5/2020 11:28

"Anyone arriving in the UK from abroad could be fined £1,000 if they fail to self-isolate for 14 days, the government is expected to announce.
Under the plans, health officials would be able to carry out spot checks to check whether people were complying.
The new rules, which will also apply to British people returning from abroad, are not expected to come into force until next month.
Home Secretary Priti Patel will give more details at the daily briefing."

... one can almost hear the required 1,000,000 keyboards clicking in a rush to book seats on BA and Iberia; especially those vital business fares worth x5 economy ... or is that silence? Readers cam decide.

If silence, then who is paying for billions of trading losses and billions of plane write-downs? Are creditors kindly writing down loans as a gift? Oh wait, they get paid 100p in £ plus interest before shareholders get anything. Oops.
All holders need now is to lose more than 100% of their capital by subscribing for rights or buying extra shares.
Do what you're gonna do, but know that every share will be worth 0p by July 2021 in the restructuring. All imho. DYOR.

[davethehorse] 22/5/2020 11:09

250p coming imo

[montyhedge] 22/5/2020 11:05

I think 165p nail on, market cap would be 3.3 billion, still generous in my opinion.