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[porsche1945] 04/4/2020 17:13

@montyhedg. Video conferencing has been around for years you muppet.

[porsche1945] 04/4/2020 17:10

@smithy, good responses, i think the same, 360k die each quarter from car accidents, over 6 times more than this has killed over same period, this is an insane over reaction by the great unwashed.

[smithys2019] 04/4/2020 12:34

If everyone has had it, why will that be an issue?

[diku] 04/4/2020 12:26

Will the planes go through vigorous cleaning after every flight if and when things get back to normal?...can you imagine sitting next to somebody and that person has a big sneeze...

[smithys2019] 04/4/2020 12:11

So, all of the supply chain disruption, starting up of manufacturing lines, te-employment and reconfiguring of workforce, not to mention investment deals, refinance, none of this will result in a pick up in business travel? Pull the other one.

Global trade will restart the minute global economies decide that the cure is worse than the disease. People are already being warmed up to the idea that granny with serious comorbidity issues is a worthy long term trade for your 401K.

PHE stats have shown a drop in annualised deaths for March. This shutdown is nothing but a government populist over reaction to public mass hysteria. Let’s see calm recover once people see what their tax bill will be at the end of this. My forecast is this shutdown will be reversed by mid June. IAG forecast burn rate is half a bill per quarter. So loads of head room.

[jailbird] 04/4/2020 07:25

BA cabin crew contract virus on long-haul flights https://www.bbc.co.uk/news/business-52126661Really is poor management of staff

[jailbird] 04/4/2020 07:15

Just focus on USA and Spain and here. Obviously global travel will only restart when countries become virus free Until these do not come out of this crisis , IAG are not gonna make much revenue. This is why Co has reduced its costs by suspending 36k. It reduces their cash burn , I.e preserves their cash linger

[jailbird] 04/4/2020 07:08

Again Smithy , you show ignorance Pent up business demand . Businesses large and small are not making any money .. they will be making losses for this year .There will little business demand or ppl taking holidays Only demand I will see is ppl traveling to be with family who they have not seen during this crisis

[loganair] 03/4/2020 23:23

Delta Air Lines stock falls 7% as Buffett's Berkshire Hathaway sells some of its stake.

[m1k3y1] 03/4/2020 17:16

Ryanair hit by wrong way bet on fuel

[smithys2019] 03/4/2020 17:15

Logan, you and your mates at your leisure outfit tell yourselves that. Truth is there is going to be a lot of pent up business demand when thinks snap back and not many people going on cruises (plague ships). BA haven’t shut down beach fleet without reason....

[m1k3y1] 03/4/2020 15:43

logan....'what I've been hearing ' ......from who .

Amadeus and easyJet focus on business travellers with new distribution deal

[loganair] 03/4/2020 15:34

What I've been hearing is there is going to be some long term permanent loss in business travel however there will not be any long term permanent loss in leisure travel therefore in the long term this will effect BA far more then it will Easyjet.

[dround87] 03/4/2020 15:34

Will executives stop jetting around the world? No they see it as a perk. Will sales or contract negotiations ever be as effective over video conferencing? Not a chance. Monty reckons the world will shift to video conferencing entirely. Clearly he hasn't been in a corporate office for quite some time. Every meeting room these days has video conferencing facilities. Every computer and phone is equipped with it. It's already happened for the plebs. But everyone knows that things move faster in person. Especially if pressure needs applying. Boomers still need to spend their piles of cash. The 1pc wouldn't be seen dead in cattle class. And so business/1st class will live on.

[m1k3y1] 03/4/2020 15:25

Monty.....yes they do.
45m BA customers can't be wrong.

[jailbird] 03/4/2020 15:23

MontySame ideas were talked about in 2008. Never happened then but this time .. who knows

[montyhedge] 03/4/2020 15:19

First class and business class, transatlantic the big earner of course for BA. Teleconferencing has changed everything, the world has moved online, companies must think do we really have to fly for a meeting.

[laurence llewelyn binliner] 03/4/2020 14:16

I read that Delta or united, caN not remember which, their cash burn rate was USD50M a day..., that is enough to get peoples attention...!

[montyhedge] 03/4/2020 14:02

Treading water around 200p, neither up or down.Wonder how much they losing each day while planes parked up.

[dround87] 03/4/2020 12:41

Buy an insurer? Wow wish I'd thought of that! I own a lot more of Aviva and LGEN than I do of IAG. The fact is if you keep a diverse portfolio this is the sort of share that will leave a small dent if it takes a bailout or else it will help your portfolio outperform the market. So yes it's risky. Of course it is. But used in the right way it's a decent enough gamble. It's the strongest player in a sector on the edge of the abyss. It's the one that stands a half decent chance at crawling over the broken bodies of it's rivals to safety. You shouldn't be putting all your eggs in one basket in any case.

[waikenchan] 03/4/2020 12:25

Better buying an insurer, cash is king,and they are swimming in it.

[jailbird] 03/4/2020 11:52

But these are unprecedented times so have to go with the needs of this challenge

[jailbird] 03/4/2020 11:51

That is not greatI work 5 x12 hour shifts ( includes 2 nights) and get 4 or 5 days off Government needs to consider night shifts are damaging and weakens immunity