International Consolidat... Share Discussion Threads

[loganair] 29/3/2020 11:03

'Talks begin' to nationalise failed carrier Flybe. The government to buy Flybe out of administration.

[loganair] 29/3/2020 10:58

Singapore Airlines to raise S$5.3bn in equity, up to S$9.7bn via bonds:

Singapore Airlines will offer all shareholders S$5.3 billion in new equity and up to a further S$9.7 billion through a 10-year Mandatory Convertible Bonds (MCB). Both will be offered on a pro-rata basis via a rights issue, and both issuances will be treated as equity in the company’s balance sheet.

SIA has also arranged a S$4 billion bridge loan facility with DBS Bank, supporting the company’s near-term liquidity requirements. The company would use the proceeds from the rights issues to fund capital and operational expenditure requirements.

[loganair] 29/3/2020 10:50

Left without passengers, airlines are using passenger jets for cargo.

[m1k3y1] 29/3/2020 10:42

Great shame ....747 a fantastic aircraft.

[sr2day] 29/3/2020 10:40

covid 19 = no air travel = no holiday.as simple as that.no air travel = no IAG. as simple as that.

[loganair] 29/3/2020 10:33

Qantas last ever 747 flight landed in Sydney Kingsford Smith Airport on Sunday 29 March 2020, with the fleet being retired immediately.

[loganair] 29/3/2020 10:32

After nearly 50 years, KLM is operating its final Boeing 747 Jumbo Jet flight.

Flight #KL686 departed Mexico City to Amsterdam operated by Boeing 747-406(M) (reg. PH-BFT) nicknamed ‘City of Tokyo’. The aircraft is expected to land at Schiphol at around 15:00 local time.

Due to the worldwide coronavirus outbreak resulting in dramatic decline in demand for air travel, KLM was forced to move forward the retirement of its Boeing 747 fleet.

[loganair] 29/3/2020 10:26

Qatar Airways CEO says will keep flying but warns cash is running out, he said the airline would eventually have to seek support from its owner, the Qatar government.

[loganair] 29/3/2020 10:04

Yesterday evening I was looking at Flight Radar when usually the skies of Britian would be packed full of flights.


I saw the following commercial flights, 6 domestic within the British Isles, 4 Express cargo flights such as UPS, 1 KLM World Cargo Flight & 1 returning Rescue Flight and that was it.

[hamhamham1] 29/3/2020 09:51

I am just asking, I am not saying it isn't true, I just don't understand who you can tell, nothing malicious meant :)

[m1k3y1] 29/3/2020 09:49

Ham....I've posted the information because I know it to be true.
These were not charters.

[hamhamham1] 29/3/2020 09:32

How can you tell who is going on holiday and who is going for other reasons?
And how can you tell if the passenger has a UK passport or a foreign passport, ie likely exiting the country rather than going away for a 2 week hols?
I guess if it was a TUI flight or some other package tour operator plane then you pretty well know it's for hols. But chartered flights?

[m1k3y1] 29/3/2020 09:28

ham....I agree but there were pax going to SIN and other destinations on Holiday !!!!
Quite unbelievable but true.

My Guess , airlines will be starting to resume some flights by end April.
Just a guess though.

[hamhamham1] 29/3/2020 09:22

M1. what crackpots are going on holiday now, against all gov and WHO advice???
I bet in 2 weeks time, it will be near nil holiday passengers.
Can't see anything clearing up until end of June at best, as the virus is still popping up in new places all the time.
And the southern hemisphere is just heading into winter.
I'm being realistic rather than pessimistic.
A week or 2 ago the gov said it's would be 10-14 weeks or more to the peak. So I cannot see everything suddenly opening up as we hit the peak. You would have to let the curve dip down a fair bit the other side before even thinking about it, else risk of back to square one.

[hamhamham1] 29/3/2020 09:04

Dividends should be taken from profits, so no profit, no dividend.
To do otherwise is nuts.

[m1k3y1] 29/3/2020 08:52

ham ...these are outbound flights from lHR and some of the pax were going on holiday.

Bookbroker...These are not not code shares...all BAW flights.

[jailbird] 29/3/2020 08:08

Smithy , I think you are clueless, respectfully,There will no dividend.No profits next year

[bookbroker] 29/3/2020 07:42

15964, don’t confuse IAG departures with code share flights, look at Heathrow departures and arrivals, all those fights or the main are at the same time, reflects code shares!

[m1k3y1] 28/3/2020 21:30

67 flights and 7300 outbound passengers departed today with BA.
not bad considering circumstances.
People still going on holiday !

[sr2day] 28/3/2020 20:35

most companies are cancelling divs to preserve cash.IAG will follow.

[smithys2019] 28/3/2020 19:14

WW confirmed sufficient cash reserves for next dividend to be paid out. IAG won’t be asking for any money.

[m1k3y1] 28/3/2020 18:21

Monty......give it a rest please. No point in posting any guesses at what the share price is going to be . It will be what it will be.

Or may be you would like to post what the market cap is at 50p , or 25p or 175p.
Are you in or out of IAG by the way.

[montyhedge] 28/3/2020 17:33

Must admit I see 115p when the dividend surely knocked on the head and ask the gov for money.At 115p market cap 2.3 billion about right. With the uncertainty.