International Consolidat... Share Discussion Threads

[m1k3y1] 06/5/2020 13:42

Floodgates waiting to open.

[arai] 06/5/2020 13:22

Turkish Airlines getting the engines warmed up now as well.

[nemesis6] 06/5/2020 13:02

well he is greedy.....going on 90 bet his rellies cant wait

[nemesis6] 06/5/2020 12:46

was that on this board? have to be good for something lol...not stockpicking tbh

[arai] 06/5/2020 12:42

nemesis6 - still sat here giggling to myself after your post, thanks for cheering my day up.

[sikhthetech] 06/5/2020 12:41

Silk, thanks for the figures in post 17212... Very useful to know...

[loganair] 06/5/2020 12:40

I understand Buffet sold out of his airline stock because he said even in 12 months time they would still not be making any profit and therefore will need to take on further debt.

Norwegian have said even after the bail out from the Norwegian Government and also swapping 1/2 their debt for equity at the end of 2020 they'll need to come back to share holders for yet another equity placing to raise more money.

[azalea] 06/5/2020 12:27

With virus related deaths rising in Russia, India, UK and U.S.A. no elderly person in the UK should risk their lives by failing to comply with the social distance of 2 metres.
I will be very surprised given the current rate of deaths circa 3,000, if the number of deaths do not hit 80-100k in the U.S. Trump'move to get people (especially the 30,000,000 claiming benefits) back to work, could cost a lot more lives.

I do not believe the SAGE of Omaha would have dumped his holdings in 4 U.S. airlines, if he thought there would be a recovery in the airline industry in the next 12-18 months.

[azalea] 06/5/2020 12:23

With virus related deaths rising in Russia, India, UK and U.S.A. no elderly person in the UK should risk their lives by failing to comply with the social distance of 2 metres.
I will be very surprised given the current rate of deaths circa 3,000, if the number of deaths do not hit 80-100k in the U.S. Trump'move to get people (especially the 30,000,000 claiming benefits) back to work, could cost a lot more lives.

[silkstag] 06/5/2020 11:59

Hungarian cut-price carbon-farting virus-taxis may take to the skies in July from Luton to Greece & Portugal. Sounds like the plot from Jaws. Local politicians want the tourist revenue so invite them to the beach but there is a lurking health & safety threat ignored for short-term gain. 'Hey Stavros & Cristiano, attach a barrel and man the covid harpoon', whatever that is.
If you buy an all-inclusive 10-day holiday package with Wizz-air for £800 they throw in all-you-can-eat-calamari, 6 bottles of wine, a tank of Oxygen, split-stay hotel and hospital accommodation and then 1 cubic metre in a local subterranean shared mass retirement apartment. Bargain!
How do they do it? Their model assumes 25% of outbound passengers don't use the return flight, preferring instead an indefinite stay in the 1m3 retirement accommodation.
Sorry for the offence in this post but I am not contributing to the EU death toll unlike Wizz-air. People should not rush to fly internationally for fun prior to a vaccine imho.
All imho. DYOR

[m1k3y1] 06/5/2020 11:35

Well, it is up so far today when others are down........bizarre

[arai] 06/5/2020 11:31

It would not surprise me to see this back up to £3.00 just on the fact that planes were seen in the skies again, no consideration for debt, staff or oil price.

[darrin1471] 06/5/2020 11:09

m1k3y16

Commercial passenger flights + cargo flights + charter flights + some business jet flights. Down 70% since March. Up 7% from bottom.

hxxps://www.flightradar24.com/data/statistics

[m1k3y1] 06/5/2020 10:44

Jailbird.......cargo flights generate a lot of profit for IAG and BA . Pax flights are still operating with 40,000 pax being returned to India in the last few days.
These flights are paid for , not free and BA has a 70m contract , I understand for repatriation flights.

I don't believe it will take 3+ years to return to normal .
It will all be driven by how quickly countries open their borders and once a few of them have, others will quickly follow.

Trump will not be slow in opening the US borders again.

Disney opening it's Shanghai park next week.

[m1k3y1] 06/5/2020 10:40

Wizz Air announces plans to resume flights to Portugal and Greece

[silkstag] 06/5/2020 10:37

Issue is not about flying. Numbers are the problem.
When flying, is economy 85% full and business 75%? Need for breakeven.
Will 1/3 to 2/3 of planes never fly again? £8 bn to £16 bn of maimed assets. Write
downs will be more than 31-3-20 £6 bn net assets.
Will IAG have to pay £4 bn to cancel £11 bn of contracted new planes not wanted? Or buy them and write down another £2 bn of older planes?
UK and Spain gov would make loans to salvage viable core business of say 33-50% of planes (top end assumes Virign and others disappear). Saves 33-50% jobs. Saves flag carrier. Saves say 80% of secured creditor cash. Restructuring value is negative. Shareholders are irrelevant and slaughtered to token 5-10p. Court approves refinancing deal in July 2021.
All imho. DYOR

[PS Countryside Properties, CSP, has surged 100p in past month for no reason and it has hidden its Q2 numbers (to 31 March. Has 30 Sept year end). Over 2 weeks late. Over-priced 33% imho. DYOR. Will not post CSP again here]

[jailbird] 06/5/2020 10:36

Belfast cannot be used by anything to go by I am sharing this info that has been passed to me from LHR employees who has access to the data Cannot take flyware planes as a sensible guide.. does it show whether these are cargo or pax There are a lot of cargo flights And pax flights have been converted to cargo only yet still fly out of pax terminals slots Yes we we still see a gradual small step change in flight increases but small and it will still be a couple of years of losses

[m1k3y1] 06/5/2020 10:26

If Belfast to LHR was anything to go by, the flights are doing very well.
Won't be long before the skies are open again and people are booking heavily.

[rhatton] 06/5/2020 09:56

Looks pretty quiet over UK, France Spain from what I can see.
Yes there are flights, how many people are on them? Are they repatriation flights?

Have the Pax versions been converted to freighters? Saw a pic the other day of a 777, all pax seats loaded with parcels.

[m1k3y1] 06/5/2020 09:43

jailbird.....take a look at flightaware.
Type in LHR and zoom out to see all of the aircraft in the sky...........this nonsense about taking years to get back flying is complete rubbish.

[l2e] 06/5/2020 09:40

I know this is old and does not include additional airlines.
Can anyone do a rough calc for assets value and non passenger flight just for BA as a breakup.
Excluding air passenger and just a sale or nationalisation for the BA brand.
Would that be at a super rough ballpark share price of £1.50?
Or would that be too generous?

hxxps://www.statista.com/statistics/309506/british-airways--uk-freight-cargo/

[jailbird] 06/5/2020 09:37

M1What is definition of well ?I am telling you LHR is looking to close T3 and T4 until end of the year Do you know about PAX flights are flying from LHR today ?2-3% I am told

[m1k3y1] 06/5/2020 09:29

Flights are alive and well.....
Check live flight trackers

[jailbird] 06/5/2020 09:16

So airlines are in big trouble for at least 2 years ... and he predicts one if the biggest costs to airlines will be oil , which he forecasts to $100 within 18 months You buy just oil then and not airlines