International Consolidat... Share Discussion Threads

[m1k3y1] 10/3/2020 19:05

ham...there will undoubtedly be challenges going forwards but I believe that IAG is well placed to deal with them and potentially even identify benefits

[montyhedge] 10/3/2020 18:58

Forced to fly half empty planes. Madness.https://www.google.co.uk/amp/s/www.dailymail.co.uk/news/article-8095881/amp/Virgin-Atlantic-forced-operate-ghost-flights.html

[hamhamham1] 10/3/2020 18:58

M1. I'm not saying it's game over but I think for the next 12 months there's gonna be trouble. Ignoring the virus, this is one of the first supply issues along with the demand issues. If this doesn't end up on a recession, I can't see what would. Look back in history what has caused recessions, and rate this.

[m1k3y1] 10/3/2020 18:46

ham...I disagree. The industry will offer sales and incentives to encourage people to travel again.
People can't resist a bargain.
China is recovering and once it does, the airlines will be back flying there again.

[hamhamham1] 10/3/2020 18:28

People don't really acknowledge the enormous knock on effect in the economy for all this.

[loganair] 10/3/2020 18:20

A business class return ticket can be anywhere from £600 for a European destination to £2,000 plus for an intercontinental flight and £4,000 to £6,000 for a First Class ticket.

If companies get use to internet conferencing due to the coronavirus they can save themselves a lot of money by carry on doing so instead of face to face conferences.

[hamhamham1] 10/3/2020 18:16

British holiday industry will boom this summer.


But I guess you have to ask who wants to visit anywhere.???

[hamhamham1] 10/3/2020 18:15

It's easier to right off a 300 quid flight rather than a 3000 quid cruise.
Future booking for all are going to be rubbish for 12 months IMO.

[dround87] 10/3/2020 18:05

I wonder what the psychological effect of a few long months of British weather is?

[m1k3y1] 10/3/2020 17:56

ham....people have very short memories. Plane crashes are a prime example. People only cut back on flying for a short period of time.
Cruise ships have a bigger issue.

[loganair] 10/3/2020 17:55

The airlines in the United States are saying that Business travel has dropped to virtually zero.

They went on to say that not all this business travel will come back because companies will be use to having internet conferences which saves them a lot of time and money whereas the leisure travel will come back.

BA tend to make most of their money from business travelers traveling business or first class whereas airlines such as Easyjet make most their money from the leisure market.

[cyberian] 10/3/2020 17:48

It will be interesting to see when this virus shock is over, how quickly people will forget and move on. However,looks like Heathrow expansion may be dead for the time being, and Greta will see the net benefit IF we all adopt a more restrained life in future. Personally believe that people will be more cautious with future plans due to this virus as it needs addressing with effective and globally available vaccine, and for others that may follow. Many will be aware that this horror can happen/re-appear again in some other form. It has certainly put the mockers on my/our plans, as not sure what is going to happen day to day. Having said that spare a thought for others in an even more distressed state like the women and children in North Syria...just horrendous and makes me feel ashamed...most of our current World leaders are appalling.

[hamhamham1] 10/3/2020 17:40

Maybe. But we have an issue with psychology here.
There was once a test done by a lecturer with his students, he offered a sweater to them, said it was lovely, they liked it, then he said it was previously owned by Fred West, everyone recoiled, and didnt like it, then he told them that he made it up, but even then they still didn't like it, the long and the short is the lasting psychological effects of events or info.
I am applying this theory to travel and tourism not IAG in particular.

[m1k3y1] 10/3/2020 17:32

The travel industry is always the first to be affected by people cutting back on spending but they are also, always the first to recover.

[hamhamham1] 10/3/2020 17:25

The psychology of getting people willingly back on places and visiting far flung places is going to take a long time to fix IMO.

[gswredland] 10/3/2020 17:25

Monty I tend to agree that 315 is on the cards. I’m not in or out of these, but any good news for airlines in budget tomorrow should see a rise and then I will short. How long for I don’t know. Would hope to buy low 300’s eventually
Nice dividend IF it is maintained

[dround87] 10/3/2020 17:02

Probably next week but maybe. Dry powder primed and ready.

[spacedust] 10/3/2020 16:49

Not thus this time. Strong hands bought in at 557p and 467 recently.

Weak hands will buy below 400p this week

[dround87] 10/3/2020 16:41

Ham every day the balance of trade is blue. You know what that is? It's strong hands taking from weak hands.

[hamhamham1] 10/3/2020 15:45

If the German state owns the railway, it's not beyond the realms that they could also own the airline.

Deutsche Bahn AG (IPA: [ˈdɔʏtʃə baːn]; abbreviated as DB or DB AG) is a German railway company. Headquartered in Berlin, it is a private joint-stock company (AG), with the Federal Republic of Germany being its single shareholder.

[m1k3y1] 10/3/2020 15:45

BA have been offering unpaid leave for years.
It's a very good deal for them

[hamhamham1] 10/3/2020 15:41

Could always renationalise all the countries carriers. Al italia is practically owned by the Italian gov with the amount of money they put in.
Won't happen here but some small flag carriers might.

[spacedust] 10/3/2020 15:41

80p in April 2020. You heard it here first

[1 nhs] 10/3/2020 15:26

In one word

Bust

[1 nhs] 10/3/2020 15:26

"In recent days, the Lufthansa Group has been exposed to drastic declines in bookings and numerous flight cancellations due to the spread of the COVID-19 virus. All traffic areas are now affected

The Executive Board of Deutsche Lufthansa AG therefore decided today to reduce the flight capacity offered even more than previously planned. Based on further demand development, capacity will be reduced by up to 50% in the coming weeks."