International Consolidat... Share Discussion Threads

[philanderer] 09/4/2018 17:32

And Jet2 were friendly and faultless. Not surprised at this news today...


UK airline Jet2 has been named Britain's best low-cost airline and the seventh best in the world, according to TripAdvisor Travellers Choice Awards.

British Airways, EasyJet, and Ryanair failed to make the grade in the travel planning and booking site's awards.

[philanderer] 30/3/2018 10:09

Flew Heathrow to Leeds yesterday afternoon. Flight rammed.... 35 minutes. 😀👍🏼

Will be using Jet2 for the first time ever on sunday for Leeds to Rome. On board breakfast pre booked and extra fee for guaranteed cabin luggage required with them

[neilrich] 07/3/2018 15:16

Shocking wage levels? IAG shall be paying the market rate, the likes of BA have no issues with recruitment, how many ex Monarch Pilots are we in the process of employing?

Passenger experience declines further? Depends upon what the passenger wants, fortunately the likes of BA are now pitching their product across the board from First Class down to a new completely no frills to compete with the likes of Norwegian...very clever!

[applepieinthesky] 07/3/2018 12:51

IAG has spent around €2billion on share but backs and dividends to inflate the share price but to the detriment of employees one example is the mixed fleet created in 2010 shocking wage levels in this day and age. As IAG expands it becomes more of a regime that is fueled by greed unfortunately the employee and passenger experience declines further.

[neilrich] 07/3/2018 11:54

Clearly loads happening to improve efficiency and the BA product. Personally I feel that the negative slant, reduction in seat width, is being over done by the media and that the passenger shall much prefer the new product.

[notimpressed] 06/3/2018 12:13

the americans want free trade only if they win, even before chump

[m1k3y1] 06/3/2018 11:38

Chlorinated chicken will be a big no no for me .
American meat , some of the worst in the world.

Come on Willie where's the next take over target !

[jailbird] 06/3/2018 11:17

Cannot read that but read it this morning at the clubOpen skies with US , concerns about this as Trump is offering a worse deal post BrexitIAG and Virgin affected This is posturing to get post Brexit deal on other things We will get Chlorinated chicken :-)It stinks

[m1k3y1] 05/3/2018 15:55

This isn't the best news though


The Chump effect !

[m1k3y1] 05/3/2018 15:49

770 would be lovely
BA stats down slightly but group as a whole doing well

[neilrich] 05/3/2018 15:22

Very good monthly stats released this afternoon...

Group traffic in February, measured in Revenue Passenger Kilometres, increased by 5.8 per cent versus February 2017; Group capacity measured in Available Seat Kilometres rose by 3.5 per cent

Also, Deutsche Bank reiterates BUY rating at the same time increasing the target price from 730p to 770p.

[chiefbrody] 26/2/2018 17:04

600p again. Seem to be saying that every other month!Practically a traders dream. Like most other stocks these days.

[sum493] 24/2/2018 00:20

debt is debt at the end of the day!!

[bookbroker] 23/2/2018 17:09

Who is the idiot worrying about the debt, the actual debt is in fact like an intangible asset in terms of the aircraft the company operates, and the terms are spread over many years, they effectively own those aircraft, so it is not like a non-performing debt!

[cashandcard] 23/2/2018 15:45

Looks like its heading for a test of 580p. May get some more if it holds.


Cash

[chiefbrody] 23/2/2018 12:24

Billion not a lot these days lol.All that cash/debt nets off (save for a billion). Leave you with a company valued at 12 Billion, yet making 2 Billion a year profit.Cheap.

[cashandcard] 23/2/2018 12:02

Its spread over years. Its not gonna get called in tomorrow.


Cash

[ricer93] 23/2/2018 12:01

why wouldn't i worry about that? It wipes out the entire cash EUR6,676 and leaves a net billion debt?

[cashandcard] 23/2/2018 11:54

ricer93,


Most of that 7759 net debt is made of capital aircraft lease costs. Its spread over years, I would worry too much about that.


Cash

[ricer93] 23/2/2018 10:31

I see what you mean - I was only taking the dividend into account

what about:

Cash of EUR6,676 million at December 31, 2017 was up EUR248 million on 2016 year end

BUT

Adjusted net debt at 7,759 million

[neilrich] 23/2/2018 10:12

EPS for 2017 was 102.8 euro cents, this equates to 90.5 pence, therefore the price/earnings ratio is 6.58(596p/90.5).

Dividend is 27 euro cents, this equates to 23.7 pence, therefore the yield is 3.97%.

Dividend cover 4.

Absolute bargain in my opinion.

[ricer93] 23/2/2018 10:02

'We're pleased to confirm that the Board is proposing a final dividend of 14.5 euro cents per share. This brings the full year dividend to 27.0 euro cents per share, subject to shareholder approval at our AGM in June. With the dividend and share buyback, we returned more than €1 billion to our shareholders last year

27 euro cents yearly dividend per share when company is trading at 596p?

27 euro cents is just 23.78p

meaning Price/Earnings ratio is 25??

then we have market valuation 12.24B

Cash of EUR6,676 million at December 31, 2017 was up EUR248 million on 2016 year end

BUT

Adjusted net debt at 7,759 million

could someone please explain?