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[loganair] 25/4/2020 14:38

Air France-KLM has received a "historic" 7 billion euro loan package backed by the French government to weather the coronavirus pandemic that has grounded global travel.

France will issue 3 billion euros in direct loans and guarantees on another 4 billion euros in bank lending to the carrier, part of airline group Air France-KLM.

"Air France's planes are grounded, so we need to support Air France and the 350,000 direct and indirect employees affected," Le Maire said.

[nw99] 25/4/2020 10:25

Sorry maybe why so weak

[toon1966] 25/4/2020 10:23

This was discussed yesterday NW99.

[nw99] 25/4/2020 10:11

Gatwick has warned today demand for flights could take four years to recover from coronavirus impact. Interesting as it is I think the first public assessment we have had from a UK airport:

[toon1966] 25/4/2020 09:41

Good to see BA helping out with PPE supplies -

[qantas] 24/4/2020 23:34

Ryan Air view.

Please do your own research as always

[hamhamham1] 24/4/2020 18:44

Dont just look at FTSE levels over 30 years, look at individual share prices. Market capital and share prices are not always directly incremental.

[hamhamham1] 24/4/2020 17:36

The truth is most companies will come out of this with less profit, more debt laiden , diluted and less in the bank.
Share prices may need to be recalculated.

[toon1966] 24/4/2020 16:50

Still waiting ihatemms...

[m1k3y1] 24/4/2020 16:26

Monty......because it is a good company with plenty of upside !

[montyhedge] 24/4/2020 16:16

We all know planes are super spreaders of cold, flu etc.I fly a lot, now I won't until vaccine, I'm sure I'm not the only one. How come this is not 165p, market cap 4 billion, ridiculously high for the uncertainty.

[loganair] 24/4/2020 15:56

Delta Air Lines has announced it proposes to commence a private senior secured notes offering of USD 1.5 billion due 2025, the company said.

The company also announced it intends to enter into a new USD 1.5 billion Term Loan B facility due 2023 concurrent with the closing of the offering of the notes.

[toon1966] 24/4/2020 15:55

Really? Could you name them or provide links to back-up your comment?

[ihatemms] 24/4/2020 15:26

Plenty of people agree with Montyhedge.

[toon1966] 24/4/2020 15:14

Can’t see anyone in their right mind agreeing with one word you type Montyhedge...

[montyhedge] 24/4/2020 14:15

Can't see anyone in their right mind flying until a vaccine at least 12 months away.

[jailbird] 24/4/2020 13:20

Yes slots are always in demand

[watfordhornet] 24/4/2020 12:30

Toon - I disagree with this. The Southern part of country is so reliant on tourism that they will look at all options for getting people back in.You may be right - I am no expert but they rely on tourism far more than the UK. They do not have the bailout funds that US and U.K. have - all those hotels on south coast!!!! Can you imagine how they will survive

[carter633] 24/4/2020 12:15

...and then buying Norwegian when they go bust too ?

[albert3591] 24/4/2020 11:48

WW.will be alright though,you can bet on that.

[jailbird] 24/4/2020 10:52

I am sure BA will survive but I am not sure whether the IAG group will stay intact with the other airlines .Can you believe IAG own 3 Spanish airlines and be 4 if they bought Air Europa

[carter633] 24/4/2020 10:48

Told the same too - it'll be a right mess!

[jailbird] 24/4/2020 10:22

Carter .. work same area , I was told by LHR that capacity may reach up to 40% by end of year

[albert3591] 24/4/2020 10:18

It could take 4years,nothing definitive.Covers a lot of bases that one word

[toon1966] 24/4/2020 10:06

Carter, a country like Spain will be very nervous about receiving an influx of tourists this year or next year. Remember 18 million UK tourists visited Spain in 2019.