You are wrong |
I don't think BA and the analysts have fully taken in the absolute destruction of BAs Executive Club.BAs revenues will, some believe, take a huge hit from this year forward as people/high net worth leisure travellers vote with their feet and go to different airlines.As some have already pointed out, BA are charging rockstar prices and providing a low grade service..... |
Nice little breather pulling the RSI back a little, next leg initiated. |
*BERNSTEIN RAISES IAG PENCE PRICE TARGET TO 330 (270) PENCE - 'OUTPERFORM'
CITIGROUP RAISES IAG PENCE PRICE TARGET TO 375 (245) PENCE - 'BUY' |
Yep and priority reduces on retirement.First Class entitlement is for those in v senior roles and pilots after certain years service.My point being is that they don't have priority over booked commercial passengers. |
Travel demand strong, RYAN passenger numbers for Dec +8% |
Not in perpetuity . Only for the number of years you have been working for BA. |
BA staff in perpetuity get low cost travel even First Class at times even only having been red caps or aircraft Fitters |
Great dip buying today, another close over 300. |
Fantastic end to 2024 from Sep where increased by over 50% . Always good to hear from our positive Andy. Usually means buy buy buy lol |
Fantastic start to 2025. £3 was nice whilst it lasted. |
Hi Kin. Just genuinely curious re your view on staff travel costing revenue. Staff never get a seat over a commercial passenger for info and no lounge access. |
This is going to be the share to own in 2025. Ticking all the buttons, there will be minor ups or downs and occasional tree shakes. Overall the only way is up. Gla |
Every penny counts and they can't afford to lose any customers , particularly leisure, which they would like to grow.
High revenue customers will achieve the spend with BA regardless of whether the lounges have fewer people in them, or not.
Middle Eastern carriers are expanding their profile and network and BA need to substantially up their game to compete. |
I like this forum for many reasons and another is we can politely disagree. The loyalty scheme changes have been made precisely to keep the key customers happy as a current complaint has been the sheer number of customers now using the benefits as Kin alluded to re the AGP experience. Yes some may leave but the key spenders will be lot happier is the strategy. Leisure really is a very small part of IAG business and main revenue comes from flying west with Florida and Caribbean the key destinations. I'd be very very surprised if not above 4 this time next year. Everything is set for a return of pre Covid revue stats |
Pleasantly surprised this has held above 300p over the last week or so carnage. Bodes well for 2025.HNY all. 360p this time next year :-) |
Happy New Year all. |
The middle east carriers can't do anything to compete on west bound traffic. But I agree they're going to lose a lot of leisure travel to EZY, VA etc. |
The next area the bean counters will try and attack is the very generous staff travel perk, especially for partners and family. I am not privy to the details but from conversations with fellow passengers it is clear that this is costing BA lost revenue. Good luck switching from BA to other loyalty schemes as short haul the competition is usually Ryanair and Easyjet. BA has abandoned many lucrative Asian routes as it cannot overfly Russia or Ukraine. |
Not sure that I agree.
They will lose a lot of existing loyal card holders who will switch to other airlines schemes.
High spending corporate customers will prefer to fly wih the middle eastern carriers, who offer a much better product and , it seems now , loyalty scheme.
You can only charge more for loyalty, IF you have a better product than the competition.........at the noment , BA is lagging way behind.
Shame to see the share price with a slight fall today, when others are positive. |
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. |
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