Totally agree and explained far better than I could. It's The Sun with the silly headline which says it all really. Once the dust settles as you say I think it will be very attractive with those with the big pockets. Another longer term strategy winner imo. |
I think they had to do something with the loyalty scheme. Quite often there were 30 minute queues to get into the AGP vip lounge because of all the BA gold card holders who were just flying economy. For over ten years I was stuck on blue level but one short flight with Cathay Pacific tipped me over into bronze. Essentially this is clearing the decks of legacy travellers for new high spending travellers to build their loyalty. As a business decision it is sensible but don't expect Telegraph readers to like it. |
For me its the share buyback and reworked buy valuations by so many of the top brokers that's the key story imo. Should see the share price rise nicely in 2025. |
There are pros and cons to the changes and been based on customers feedback. The independent runs a more balanced view and those wealthier travelers like it. There's a brand new app close to going live early 2025 ... will be v good GLA |
strengthening into close.good sign gl |
Fake shake
this will go far higher. 400p first stop.gl |
prime mover gl |
https://www.cityam.com/iag-shares-ambitious-british-airways-will-deliver-say-analysts/ |
Great month. Think this will accelerate much harder starting next year. |
300p cleared hopefully |
Closed over 3 again on a dire market day. |
I spoke too soon! |
Good sign as she stays above 3.00 in todays melee! |
Merry Christmas Spitfire, but can I just point out that last time I checked IAG deals in aeroplanes not boats! Mind you flying into the sun might not be appropriate |
Merry Christmas to you and your family |
As Christmas approaches and I will be off here over the next week want to wish all on here a really good one. Must add it's a great forum with really good contributors imo so much appreciated from my side. Merry xmas and hope this boat sails nicely on into the sun for 2025. GLA |
Perfectly true but the company is so cash generative it can afford to constantly buy back those shares over the next few years and simultaneously gradually increase the divi. |
Held above 3 quid, hopefully significant. |
Remember 600/700p was when there were billions less shares in issue. Right now we're already at 600p on old money. |
Yes, been holding around 3 weeks now and it's been a nice ride :) |
Yes, the last target was 400p issued on the 11thdeutsche bank raises international consolidated airlines to buy (hold) - price target 400 (215) pence |
for the flight...... |
Good 10yr graph on Trading Economics. |
Jeffries is always a little behind the curve. 400p would be a more accurate assessment of prospects as share buy backs and great cash generation continues to pay off debt in large chunks. Brokers slowly waking up to the prospects of continued buybacks and decent dividends returning as debt paid off. A great buy and hold... |