International Consolidat... Share Discussion Threads

[waikenchan] 08/5/2020 21:14

Haha, airlines will be even lower in the pecking order than pubs to open and there is no indication that will be happening anytime soon.

[amaretto1] 08/5/2020 20:51

Trade long of the decade !!!

[amaretto1] 08/5/2020 20:50

Rubbish ... they don't have to fly till Xmas They will be flying in June 3 weeks away

[loganair] 08/5/2020 18:51

Standard Qatari practice is to buy 25% of a company. They bought 25% of IAG for the same reason BA bought Iberia.

The Qataris bought 25% of Sainsbury's when at £6 per share now Sainsbury's is around £2 per share.

That's it, nothing more...

[azalea] 08/5/2020 18:24

Alliance News reported
On 19/2/2020, Qatar Airways Group QCSC increased it holding in IAG from 21.4% to 25.1%
On that date, according to Morningstar's share price chart, the share price was 642p.

[arai] 08/5/2020 17:19

On January 17, IAG announced that the cap on non-EU shareholders buying IAG shares, put in place in February 2019, had been lifted. Under EU regulations, IAG's airlines must be majority owned and controlled by EU shareholders. The Group reached a 47.5 per cent non-EU shareholding in February 2019 so took action to limit non-EU shareholders buying shares. On January 17, this figure had dropped to 39.5 per cent and therefore the cap was removed. The IAG Board continues to monitor the relevant non-EU persons ownership level, and the Board is authorised to re-impose the Permitted Maximum at any time if necessary.

[loganair] 08/5/2020 15:13

IAG cargo revenue not going up makes sense to me as virtually every IAG passenger flight carries cargo often as much as 6 tons for the larger aircraft 10 to 12 tons for the A380 which on the whole these flights and aircraft have not been flying.

Even the narrow body aircraft such as the A320 will carry 1 ton of cargo in its holds while flying passengers around.

Due to how much cargo the large passenger aircraft can now carry while performing their passenger carrying operations is why many airlines stopped having cargo only aircraft in their fleets.

[waikenchan] 08/5/2020 15:03

Don't know why people keep going on about this 10bn in liquidity - that amount isn't pure cash, its some cash + financing (which has to be paid back + interest). Hardly a financial fortress (unlike Berkshire, - I know not a fair comparison)


At a cash burn rate of 216 mln / week (according to a forbes article) this liquidity is going to disappear pretty soon if they don't flying soon. Which means new debt issue to pay back their credit facilities in due course (at high interest rates one would assume). They have 5x interest coverage so I imagine they can service their debt without any issues, however they will probably be even more levered coming out of this crisis.

Its interesting that IAG cargo revenue didn't do up significantly during this period compared to last year, would have thought it would've been booming.

[watfordhornet] 08/5/2020 13:30

We do not have a vaccine for SARS. They stopped research as it disappeared.It is that work on Sars that has given us a head start on COVID as similarities but they did not find vaccine

[careful] 08/5/2020 13:17

usual death figure is 600,000 per year.

[amaretto1] 08/5/2020 13:13

What we up to 30,000 out of near 70 million !! What's the usual death figure ?

[loganair] 08/5/2020 12:57

a1 - Sars and Mers haven't gone anywhere, its just we now have a vaccine for them.

Ebola is relatively difficult to catch.

Unlike Sars and Mers, 50% of those with Covid 19 are asymptomatic which means these people have the disease but show no symptoms of having the virus, they have no fever or temperature while at the same time are able to transmit the virus to other people.

Like with the common cold or flu, people with Sars and Mers are symptomatic and therefore when they have it they stay at home because they do not feel well.

It is 10 times easier to catch Covid 19 then it is to catch Sars.

[amaretto1] 08/5/2020 12:46

Monopoly position possible !Goodbye virgin

[amaretto1] 08/5/2020 12:46

Your dreaming .. that original stake would have been at 500 plus U think they are going to miss this opportunity at 190

[amaretto1] 08/5/2020 12:43

That recent loss will look like penny's Which is already in the price

[amaretto1] 08/5/2020 12:42

How much you think IAG are going to save in fuel costs ???They will be buying future contracts or maybe even oil for the futureWill run in to billions of saveings.

[amaretto1] 08/5/2020 12:41

Get a grip.... sars + Ebola disappeared as quick as it come

[cantrememberthis2] 08/5/2020 12:20

Whilst we await oil price recovery

A better recovery play
With billionaire holders adding in recent RNSs

[loganair] 08/5/2020 12:15

Qatar Airways bought into IAG way way before Covid 19 came a long.

Qatar Airways bought into IAG for the same reason BA bought Iberia.

The Qataris usually take a stake of around 25% in any company they buy into and therefore there is a very high likelihood that Qatar Airways will not be increasing their stake in IAG.

Since starting to ease their restrictions in Germany day on day the number of Covid 19 cases has been rising as have the number of deaths. Even if the number of deaths was to stabilize at 150 per day = 4,500 per month = 54,000 deaths in the coming year.

[amaretto1] 08/5/2020 12:05

We already have 1 large Arab investor Not hard to work out .. is it !

[amaretto1] 08/5/2020 12:04

They are believe me !!!U are listening to hype Seriously .. by the time u foook about these will be over 300 ! Virgin go in to admin.. same affect Trade of the decade

[azalea] 08/5/2020 11:49

amaretto1 posts 17340 & 17342

Excerpts from Alliance News Reoport 7/5/2020 by [e-mail]

The FTSE 100 airline group said it is planning a "meaningful"return to service in July, but warned that passenger demand may only return to pre-pandemic levels in 2023. Ii added it will defer the delivery of 68 aircraft.

Elsewhere, numbers showed available seat kilometres fell by 11% y-o-y to 67.5 million.

Passenger capacity has been reduced by 94% from late March, with most aircraft grounded.


CEO Walsh:- The operating results up to the end of February was in line with a year ago. However, March's performance was severely affected by government travel restriction. Q2 results will be even worse than Q1 2020.

What Arabs are buying in truck loads?

[amaretto1] 08/5/2020 11:21

How many recover ? Hospitals empty 95 percent recover Do u get it ?

[loganair] 08/5/2020 10:49

The number of new coronavirus cases in Germany rose the most in a week, just days after the government declared the first phase of the pandemic to be over.

There were 1,268 additional infections in the 24 hours through Friday morning and 117 new fatalities.

Germany’s so-called reproduction factor, which reflects the number of additional coronavirus cases directly generated by one infected person, also began to creep up again.

Although many lockdown measures are being gradually phased out, social-distancing rules were this week extended until at least 5 June. To contain hot spots, Merkel also insisted on a threshold on local infection rates. Restrictions will be reinstated if an area records more than 50 new cases per 100,000 inhabitants in a week.

The eastern German district of Greiz in Thuringia became the first local area to breach this threshold, but regional politicians have said they are still planning to go ahead with the easing measures.