International Consolidat... Share Discussion Threads

[whatsup32] 23/7/2024 12:00

The Times. Business.
"IAG likely to get greenlight to takeover Air Europa this summer"
IAG owns 20% and is paying €400 to buy remaining shares.
European aviation watchdog have given themselves a deadline of August 20th for decision.

I think it may have made financial sense to buy them on the upcycle but now that the industry is heading south not so much.
European economy specially Germany is having a hard time

[fundamentals23] 23/7/2024 09:50

American Airlines report on Thursday I believe. They flagged some of their issues back in May which has sent them from around $15 to $10 share price as a result- they are at COVID lows now despite record flying numbers.United reported that they see August as the "inflection point" for domestic capacity reductions across the industry.So one would think that whilst American will report a slightly under par Q2, and warn of the discounting in Q3 owing to the excess capacity, there are some big capacity corrections coming in the US airline industry from Q4 onwards, which should start to help margins?

[cerrosdelaguila] 23/7/2024 09:04

What's the latest news re dividend payment . This is too long a wait

[cyberian] 22/7/2024 23:31

From what I am reading here and the US in the airline sector is that management decisions over the last year have been misplaced or badly conducted. Many particularly in the US have not managed personnel and collaboration with other agencies/parties, and have upset critical travel agencies. This is true at American Airlines and I now see that Delta have been more significantly effected by the event of last Friday (by Crowd Strike)and their software systems have failed to re-set their crew and plane locations causing nearly 18% of flight cancellations compared to just under 1% by the other US main domestic competitors this Monday. The cut throat cheap low cost providers in UK and Europe have paid a penalty on pricing and are belatedly cutting capacity to hopefully prevent any further fare cutting.

So where does this leave IAG. The answer will be in the 2Q numbers release but it appears that management may have organized themselves better than others given the market dynamics which is still seeing strong demand. IAG have a dominant loyalty product and a lot of lucrative long haul business. Again many of the US and other majors are expecting improved revenues and demand through the late summer and the winter ahead.If IAG can get close to their numbers a year ago then we may be able to enjoy and breathe again as last year was exceptional with respect to demand and margins on fares. Profits hopefully still look very acceptable on a yearly basis compared to others in the sector and most other sectors. Best wishes as anything written here has absolutely no impact on what will happen in the market!!!

[trying2trade] 22/7/2024 15:45

Nobody cares about a faceless content'less prediction on a different cricket on a board about IAG.

[covid 19 deal] 22/7/2024 12:59

Brokers or hookers

[ny boy] 22/7/2024 12:49

Airlines sp’s just risen too much, large correction underway, difficult to sustain demand with higher fares, avoid the sector imo

OCDO offers better recovery hopes imo

[bargainsniper] 22/7/2024 11:23

Temporary loss of cabin pressure

[joshuam] 22/7/2024 09:12

The Ryan air effect

[besty46] 22/7/2024 08:44

Dont be silly

[andybe4] 22/7/2024 08:25

150’s by end of the week?

[1spitfire] 21/7/2024 12:16

I've got the champagne on ice ready to celebrate Andys prediction finally coming true lol. However I have a feeling we will see a good bounce back this week coming.If you consider the IT issue only hit the share price marginally plus Im aware BA did remarkably well in avoiding big cancellations it sends a clear message of real confidence as we approach Q2. GLA and for the golfers love to see Scott do it today or Rose.

[trying2trade] 20/7/2024 19:18

Really sticking your neck on the line with that 50/50 call on up or down following a weekend of disruption for airlines.

[besty46] 20/7/2024 07:43

Maybe you shpukd change your username to doom'n' gloom.
Dont worry about short term issues . They e just had a huge boost from the Euro exstravsganza :-)

[1spitfire] 19/7/2024 23:00

Andy you may finally get one forecast right lol lol. Trust me this will all be resolved by tomorrow night latest. GLA

[andybe4] 19/7/2024 16:37

As issues will extend into the weekend, I am expecting this to open on Monday in the 160’s.

[bargainsniper] 19/7/2024 12:45

Companies will be claiming billions in compensation from Crowdstrike

[1spitfire] 19/7/2024 10:55

I must add the media are so irresponsible at times. Alarming headline grabbing doesn't cut it.Fix now in place and will be resolved. Impact no where near as large as the headline suggests. Shocking

[1spitfire] 19/7/2024 09:34

Great opportunity to top up.I.T issues make big headlines but are usually rectified fairly quickly. Disruption contingency plans kick inflights cancelled then BAU returns with the nice bounce back imo.

[philmac56] 19/7/2024 09:27

Microsoft IT issue

[cyberian] 18/7/2024 15:33

Pity that there is not much interest at present in IAG despite some decent numbers projected by the company at their 1Q declaration. Operating profits in billions and revenues growing from increase in travel demand, and the US airline majors results for the year appear encouraging at least. Just have to grin and bear it I guess. There is far more uncertainty with many other sectors, although some are doing OK, thankfully. IAG will remain within my investment portfolio, and hope that interest in airlines get some attention in due course.

[cyberian] 18/7/2024 08:59

United Airlines results were better than expected on earnings, and the EPS was re-assuring for 2024. The company is paring back some capacity and with demand for domestic travel very positive they expect to be able to increase fares after a period of discounting due to competition. However, all the other US airlines are on a similar track and managing capacity to protect margins which remain good for the year. I would expect that IAG to have managed their assets quite effectively and that their earnings margins with increased revenues will be positive. We will soon find out in a couple of weeks.

[1spitfire] 17/7/2024 08:55

Thanks Cyber.As a follow up find trading view very helpful. Price target 223 based on 28 analysts. Hope the link is useful.https://www.tradingview.com/symbols/LSE-IAG/forecast/