Boeing strike seems to be over . Good omens for Airlines |
Page 37 relates and I see your correct. Guess it's the standard 2 year policy I meant but interesting all the same.Re parts i would say whilst supply can has been an issue it's slightly unusual to see cancellations and ongoing as a result. The B787 design in particular has not been as successful as you would hope from Boeing in terms of reliability and offloading 17000 staff not the norm. That said as said few times this Covid recovery stock is the one to be in for me. Has now doubled my entry point and confident plenty more scope to carry on trending north over the coming weeks months but be happy to see the tic for tac threat in the ME over but it's sounding more positive now oil and nuclear sites off the menu. GLAhttps://www.iairgroup.com/media/oc1du3qg/interim-management-report-for-the-six-months-to-30-june-2024.pdf |
IAG hedges 60 % of its fuel costs. So it's only the fuel it buys abroad that is subject to price swings. The parts issue has been around for a while and will get fixed over the next few years. Yes it will constrain some growth but not have a big impact on cash generation. Debt repayments continue unabated and as gearing comes down the stupid PE ratio that the shares are now on will be viewed as a rare buying oppertunity.Arch the shares double over the next 18 months. |
Andy I must say if you look at profiles of those that enjoy investing most are risk averse. You confuse me why you do lol. Any comments on your v negative forecasts in previous weeks months ? Just curious or do you do that just to hear reassurance.You will miss out imo if you continue to invest based on running at the first sign of media negativity. For balance of course this is a little tricky period re ME and RR production issues but despite them just look at the share price resilience. Quite superb and shows such strength in depth. GLA |
Great news! I look forward to the rise in the share price leading up to Q3 results. All the best Andy |
The key line for me is Israel saying they are willing to not target Iranian oil targets. So much on a knife edge re ME and a little comment like that and we are on the up but I'm d be lot happier when the tic for tac is over but good news all the same. GLA |
Not one to look a gift horse in the mouth. I am out again before Israel make their move against Iran. |
What's the reason IAG is rocketing today. Long may it continue |
whatsup32. you are absolutely correct but I saw the despair relative to the dynamics pre-Covid when I exited at over 600p as soon as I saw the possible global implication of a China led meltdown. I never thought it would be so devastating but confidence evaporated almost overnight. The recovery still has a long way to go but management has adapted to this unforeseen event quite well in my opinion. However, BA still has to improve its service in business long haul where it lags behind some of the Middle East airlines. I bought into the recovery prospect at 142p and expect progress to continue despite some near term hiccups with respect to spares and the M/E disruption. The latter has to be seen in the context of numerous global dislocations that are always sadly happening. The next set of results should show how well management has coped with events. |
There must be underlying strength in IAG . Even after all the negative news over weekend " flight cancellation by the 100's Boeing issue share price has hardly moved. |
Just reading Boeing axing 17000 jobs due production issues caused by strikes and quality issues and whilst prob negative felt that was with sharing. As Cyber says delays out there in the domain already and share price holding up well in choppy waters which is inevitable no matter how strong a stock is. Naturally the big unknown one for me which I personally think is so key is the nature of Israel retaliation and any subsequent escalation. Putin cosying up to Iran more is classic Putin. Doing anything to try and worry the west but I suspect another pathetic bluff from such an irritating weak individual who craves power to make up for it. Interesting week ahead |
When demand outpaces supply prices go up, it as simple as that. Looks like the FT is trailing last weekends leaked article for issues that are already in the public domain. BA and others are working with suppliers to try to mitigate the parts problem and leadership in such matters will clearly help, hopefully. Yet again the major US Airlines share prices continue to gain and that follows major disruptions with multiple airport closures in Florida and a few neighboring States. |
Not ideal but it will affect more than BA. Reduced availability should drive up some pricing to offset things. |
Don’t want to post bad news but holders should have all information good and bad.
Live News . British Airways to cancel hundreds of flights this winter due to parts shortages
Bad news seems to be released Fridays after market closes |
I think the war in the Middle East is stopping that happening Andy, don't you think? |
Let's get over 200 before the weekend! |
Considering Israel are likely to retaliate to Iran and my guess this week etc this holding very well. Just shows the confidence in depth. BA hedge fuel over 2 year periods then review and believe last done in Feb though stand to be corrected. |
IAG is the best to cancel flights in Europe |
IAG the best in class in Europe. Air France KLM is being dragged down by the french unions. The vast SH network of KLM can't be hugely profitable and the restrictions at schipol also damaging. (Although aer Lingus have this issue at dublin)Lufthansa has the issue of ridiculously strong unions and taking on Italys forever failing ITA with a 40+% share. Turkish is a problem because it's a vanity project for erdogan and employs people like the UK does not, i.e the country doesn't have welfare it gives people the job of checking a boarding pass for the 3rd time, so it's a good service at a good price all in. The Americans are relatively expensive due to high labour costs. Competing with Emirates east bound is an issue but direct flights are a slight premium will usually win out over a connection. So long as it remains best in class, ill hold this despite the inevitable ups and downs. |
You have to put things into context. Oil prices rise on all sorts of whims and that's the nature of market manipulation and profiteering. Fear is the an amazing tool.Just remember most airlines will have hedged their fuel prices, paying over the odds for a barrel of oil but it does smooth operational cost of which fuel is undoubtedly a major factor.You also have to remember that IAG is massively discounted and yet a profitable business.Compared to other airlines around the world I think IAG is hard done by given its 5day 9.6% down movement. Chinese and American Airlines seem to have been in positive territory. And ironically as of yesterday Israel Airlines 5 day change was +12.86 closing +1.65% |
Its all trading at top end..any time market can collapse |
1spit,
I agree, risks are too high to hold right now |
Imo Its best not to second guess |
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