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[christopher logsdon] 11/5/2020 11:33

Wow you must have a time machine lol

[hamhamham1] 11/5/2020 11:24

As someone once said..
Get on yer bike!
(Even if it's an electric one)

[loganair] 11/5/2020 11:19

The quarantine period will mean that travellers arriving in the UK by air from anywhere besides France or Ireland will have to self-isolate at a private residence.

“It won’t be before 2023 that we get back to the levels of flying that we saw last year in 2019,” Walsh said.

Whether that is possible, Walsh said, depended not just on the duration of the coronavirus crisis, but the global recession that is expected to follow.

“There are some people predicting that it won’t be until 2026, so this will be something that we will continue to assess as we monitor the global demand,” he said.

[toon1966] 11/5/2020 11:11

Good point jailbird. Interesting some MP’a are reading from prepared questions, suspect WW can see this.

[davethehorse] 11/5/2020 11:07

Going to 100p level chaps

[jailbird] 11/5/2020 11:01

MPs are out of their depth

[jailbird] 11/5/2020 11:01

Smithy Yes but he say cash is reported as aggregate end of the year We do not have a breakdown how much cash each airline has

[toon1966] 11/5/2020 10:57

Correct Smithy and WW made this clear this morning. For example the purchase of Europa has no affect on the BA P&L.

[smithys2019] 11/5/2020 10:47

Iag do NOT have aggregated funds. The funds are the individual OPCOs responsibilities.

[montyhedge] 11/5/2020 10:29

135p target in my opinion.

[jailbird] 11/5/2020 10:23

IAG liquidity is aggregated Not split into airlines within the group So comment why is Iberia only responsible for Air Europa acquisition Probably why they got the loan from the Spanish Gov

[jailbird] 11/5/2020 10:18

BA has a bigger exposure to business travel than the others so recovery depends on this customer

[jailbird] 11/5/2020 10:16

Air Europa if it happens will acquisition via Iberia Nothing to do with BA and will have no role in acquisition

[jailbird] 11/5/2020 10:15

Some airlines Co forecasting 2026 But depends on global recession and impact of Covid how long it takes to get to normality

[jailbird] 11/5/2020 10:13

Long term vision 2023/24 before back to normal levels

[jailbird] 11/5/2020 10:12

Cargo being flown via Qatar airways as BA do not have dedicated freight planes

[jailbird] 11/5/2020 09:37

605 or 504

[smithys2019] 11/5/2020 09:36

Ooh which channel on sky?

[applepieinthesky] 11/5/2020 09:29

30 mins to go until Watch the Weasel

[sux_2bu] 11/5/2020 09:13

Possible return to 2012 prices, around 135p

[smithys2019] 11/5/2020 09:05

Too early yet. Once factories open up there. Is a f@ck tonne of just in time stock that needs to get into country. At the moment it is fruit/veg/flowers in I bet with a tonnes of Scottish salmon the other way?

Factories will not want to wait for
Overland you’re get started up again. If you want to get a factory producing electrical, automotive pharma and it’s based upon just in time, air freight is the way to go. Virgin is in close to administration. I’m betting they are out of the party by the time the demand hits

[jailbird] 11/5/2020 09:01

Smithy

I have friends who work at the airport. I too was expecting cargo traffic to increase substantially. But I can tell you after a an increase after lockdown , the volumes have decreased again
Not the only airline operating cargo flights out of uk airports

[smithys2019] 11/5/2020 08:57

I think IAG will do well out of this. Virgin are sunk. Jet2, Easy etc are reliant on the short haul summer market. IAG have a diversified portfolio of long and short with the ability to flex into demand very quickly.

Lots of Cargo (10 times the original cost per kg than 3 months ago) will be offsetting burn rate. I wonder how much you can squeeze into a 747 or a triple?

With virgin gone, BA effectively become a strategic asset for the U.K. with government support to follow. My on my concern is when demand recovers, what happens to the American Airlines/IAG partnership due to competition commission interference.