International Consolidat... Share Discussion Threads

[montyhedge] 18/3/2020 14:12

Yes last chance saloon, it better be a good package.

[paleje] 18/3/2020 14:08

They're going to announce a package to tomorrow according to the Times.

[m1k3y1] 18/3/2020 13:24

They need to announce support for airports and airlines.
Silence isn't helping.

If they are not careful they will completely trash the whole economy by not being bold enough.

[hamhamham1] 18/3/2020 13:23

Scotland and Wales closing schools, I reckon England will by the weekend as well.
I see some of the big internet telecoms (fixed / mobile) are up, they are certainly in demand!
That was an observation only :)

[watfordhornet] 18/3/2020 13:20

Agree - stopping the markets would be disastrous

[hamhamham1] 18/3/2020 13:18

It's pointing out that closing markets isn't necessarily the answer. If closed they would heighten the likelyhood of a meltdown on reopenening.

It's suggests maybe putting speed bumps down to slow trading. And that as long as they are open they are a reminder to govs that more action is needed.

[davethehorse] 18/3/2020 13:14

Will drop below 200p before Friday imo...total carnage in BA and all airlines

[devilsprofessor] 18/3/2020 13:10

What's the gist of that article? I'm afraid I'm not subscribed to that website.Many thanks

[smithys2019] 18/3/2020 12:43

I reckon we are days away from them closing the markets.

[smithys2019] 18/3/2020 12:41

Euro. They have quoted 9.4 bill cash reserves I reckon we will see divvy cancelled, together with the Europa deal, if they can, plus reduction/cancellation in bought metal, reduction of existing fleet possibly?

[m1k3y1] 18/3/2020 12:36

logan.....AA were struggling before this problem started .
1B in a few days though is substantial.

[smithys2019] 18/3/2020 12:36

Will be a lot of cancellations that need rebating. UBS have studied IAG and they have worked on a burn rate of 1.15 billion a month. I think it will be less than that once furloughs are announced. Imho virgin didn’t go far enough.

[loganair] 18/3/2020 12:33

American Airlines took out an emergency $1bln loan on Friday, by the end of Monday they had already used it all up shows just how much money airlines a burning through at the moment.

As for Boeing, in the month of February they burnt through $9bln.

[smithys2019] 18/3/2020 12:33

There is.... rheus monkeys demonstrated immunity once recovered from the virus.

A small study of macaques finds they don’t develop a coronavirus infection the second time they are exposed, supporting the idea of using plasma from recovered patients as a treatment for COVID-19.

[m1k3y1] 18/3/2020 12:28

paa.....as yet there is no evidence to demonstrate that anyone has developed an immunity to Covid-19, or can develop an immunity, as far as I am aware.

[paa65] 18/3/2020 12:26

At the risk of sounding like a broken record ......Considering current strategies being employed to slow the spread of disease, Dr Thomas House, Reader in Mathematical Statistics, University of Manchester commented "Social distancing measures do not lead to herd immunity, so when they are lifted the epidemic may grow again. Whether we aim for it or not, herd immunity will happen at some point in the future since neither a growing epidemic nor social distancing measures can continue forever, and the aim of policy should be for this to happen with the minimum human cost possible."In my opinion, the sooner the politicians have this hard conversation with their people the better.Locking up people for months will not eridicate the virus. Nor will there be a vaccine for the whole world in that time.The least damage to the vast majority people in this world is to let us develop our own immunity, rather than fighting natural selection to save every life at all costs.This could all be over in a month if we choose the option to let it spread

[smithys2019] 18/3/2020 12:25

So, how long before we are at peak fear?

[m1k3y1] 18/3/2020 12:20

Trump live


Said 'we are going big, rather than drip feeding with daily briefings .

[m1k3y1] 18/3/2020 12:16

toon....the thing is, if you don't deal with the situation, you won't have an economy.
No good trying to play politics or tackle the problem on the cheap.

I wasn't impressed with Sunak using last nights briefing to spout the party mantra.

[m1k3y1] 18/3/2020 12:14

I agree Ham........one point, employers wouldn't lay off , as they too would need financial support.
GOV just has to bite the bullet.

Scaramucci in the USA saying Trumps 850m not enough, it should be 3 Trillion.

[montyhedge] 18/3/2020 12:06

Seen it all now punch up Waitrose over eggs and flour. Expect it say Aldi not Waitrose for goodness sake, lol.

[toon1966] 18/3/2020 12:06

Spoken like a true shareholder M...

[m1k3y1] 18/3/2020 11:53

ham....who cares . Just deal with the situation and worry about the debt later.

Trying to do both will only mean you end up not getting on top of anything.
It will be the same for all countries.

[hamhamham1] 18/3/2020 11:49

I heard a rumour that this in the end will double the national debt.