International Consolidat... Share Discussion Threads

[hamhamham1] 15/3/2020 14:18

Germany closing it's borders. So much for the EU project of open borders.

[m1k3y1] 15/3/2020 14:16

Monty......of course he does. He always uses other peoples money, never his own.
Same with Flybe........

[montyhedge] 15/3/2020 14:14

So Branson multi billionaire tax exile wants U.K. Gov to bail him out.

[m1k3y1] 15/3/2020 14:12

Monty.....apart from the British Flag on the side of the Aircraft and being heathrows biggest carrier.

[montyhedge] 15/3/2020 14:11

IAG Spanish owned so U.K. gov nothing to do with them.

[m1k3y1] 15/3/2020 14:10

Just being told from crew that Iberia will be shutting down from 2300 on Tuesday.
Employees placed on unpaid leave.
I have no written confirmation as yet.

[smartie6] 15/3/2020 13:17

It’s bust.

[smartie6] 15/3/2020 12:58

It’s bust. Realism.

[toon1966] 15/3/2020 12:56

Just started re-reading Stephen King's 'The Stand', now that's a virus!!

[hamhamham1] 15/3/2020 12:54

You should make that call yourself. Do not listen to any here :)
If I couldn't tell which direction the market was going I wouldn't invest, as it's quite a gamble.
I'm gonna wait until there has been a resolution, yes I'd miss the first 10-20% of the rise but at least a direction would possibly be established.

[careful] 15/3/2020 12:46

lots of interesting comment and speculation on this thread.

But I am investor and I have to make decisions on strategy.
Do I put more cash into the market next week?
Do I sell more shares at a loss because things will get much worse?
Do I do nothing?

What are other investors on this thread doing.
Even if IAG falls tomorrow I will not be tempted here, looking elsewhere.

I had a recent punt at about £4 recently but lost my nerve and sold out quickly at a slight loss. Seems smart now, but it will seem smarter tomorrow.

Is nationalisation on the way?
HMG took back a rail franchise recently.
These are troubled times.

[gunsofmarscapone] 15/3/2020 12:31

Disgraceful isn’t it? That IAG and the other outfits begging for our nation’s money? That is after having a jolly two months taking in passenger’s money concurrent to MINDLESSLY DISTRIBUTING CORONAVIRUS SARS-2 GLOBALLY!!!

Aaarrrrggghhhhhhh.

[jailbird] 15/3/2020 12:28

snoopy,

good point.

Boeing and Airbus will also be in big trouble.

[snoopy12] 15/3/2020 12:28

Once the suspension is lifted a lot of the airlines will be streamlining thir business models. Lots of routes will be shelved , cancellation of orders ,sale of existing assets if they are not leased. So literally everyone will be looking for a government bailout.

[loganair] 15/3/2020 12:27

Air France-KLM and Dutch government say they are going to bail out the KLM side of the airline.

[m1k3y1] 15/3/2020 12:23

snoopy, suspending flights will have a substantial impact on a lot of businesses , large and small, worldwide. I cannot believe that any country will want to have this suspension in place for any longer than absolutely needed.

I haven't seen anywhere that cargo will also be suspended and of course IAG has a very large cargo business.

[snoopy12] 15/3/2020 12:19

I am just wondering how the majors like Boeing and Airbus perform tomorrow when the markets are open.

[watfordhornet] 15/3/2020 12:17

Could do with something similar but is the UK or Spanish govnt who is responsible for IAG

[loganair] 15/3/2020 12:17

I am amazed how some posters are still posting that IAG are OK and will not need any state aid for the UK government when Lufthansa, Swiss International and KLM are now all asking for state aid.

IAG have Iberia and Vueling on lock down in Spain while many of British Airways routes have been closed down or severely restricted.

[essentialinvestor] 15/3/2020 12:16

If anyone has a view on RYA, would be very interested to hear, thanks.

From an investment stance, not experience or flying with RYA!.

[dround87] 15/3/2020 12:16

One of those edgy foul mouthed posters with nothing of note to say. Just what this board needs!

[loganair] 15/3/2020 12:11

Dutch finance minister Wobke Hoekstra said Sunday that the Netherlands will do “everything it takes” to keep Air France-KLM operating.

Hoekstra would not give any details about a possible bail out but stressed that Air France-KLM was “vital for the Dutch economy” and said he was in close contact with his French colleagues and the Air France management.

On Friday, KLM, the Dutch subsidiary of Air France-KLM, said it would slash up to 2,000 jobs and ask for government support as it cuts working hours by one-third across its entire staff.

[m1k3y1] 15/3/2020 12:09

smartie........filtered.
Comments like this serve no purpose whatsoever.

[smartie6] 15/3/2020 12:07

It’s bust, realism required?