International Consolidat... Share Discussion Threads

[albert3591] 26/9/2020 16:21

IAG and ezj merger or jet2 and ezj merger.

[cashandcard] 26/9/2020 14:52

Loganair,Rya has the best balance sheet to see it through this crisis. O'Leary will probably be waiting for competition to fold or doing a once in a generation cheeky jetdeal like he did after 9/11. Ezj are struggling but they have been fast to cut costs and reduce schedule to a manageable level. They had some £2bln in liquidity with reported cashburn of between £120-160mln month at the height of the first lockdown (a cost which has likely alleviated as they are flying 30-40% schedule). I don't see them folding unless nextyear is a complete flop. Jet2 are remaining silent on their cashburn for now. I have concerns regarding this.I hate to say it but I think its IAG, even after this RI, that needs to get it's costs under control. Burning £1bln every 7-8weeks is totally unsustainable in this climate. They are heading for serious trouble in Q1 if they cannot make big cost savings. This is sad but a reflection of where we are.Cash

[diku] 26/9/2020 14:34

Has it done any good to climate change...less travelling...

[loganair] 26/9/2020 13:36

Wizz Air has warned it may be forced to park more of its planes over the coming months as coronavirus travel restrictions will continue to depress demand for travel.



Stock market investors have similar reasons to be cautious about Air-France KLM. The carrier confirmed this week that it is in talks with its main shareholders about plans to raise more capital.



Goodbody Stockbrokers analysts Mark Simpson and Nuala McMahon downgraded their view on the European airline sector – saying airline stocks are “overbought221;.

[spacedust] 26/9/2020 13:30

Defo its freezing outside. Go out

[diku] 26/9/2020 11:03

Lets get the winter out first...is it here yet?...

[spacedust] 26/9/2020 11:00

Next summer is round the corner

[waikenchan] 26/9/2020 10:56

Maybe they should float off iag cargo.

[loganair] 26/9/2020 10:43

Even old Willie Walsh said IAG are fighting for survival.

Airlines in Europe and the USA have increased their debt burden by c40% this year already as well as sale and lease back many of their aircraft therefore going forward they'll be no where near as profitable as they were pre-Covid.

Sadly for the airlines they are both labour and capital intensive and therefore difficult to cut back their costs when times are hard.

In the UK I've heard the best of a bad bunch are Jet2 as they are by far the best run airline in the UK and maybe in Europe as a whole.

[kasamavic] 26/9/2020 10:33

"hanging by a thread", but he's talking about if things aren't better by next summer.Sounds like scaremongering.

[spacedust] 26/9/2020 09:58

Nope. But this is particularly going to be bad.....

[m1k3y1] 26/9/2020 09:56

any news about the rights take up ?

[spob] 25/9/2020 15:16

Global Daily cases - Covid 2019

[tiananmen] 25/9/2020 15:13

Or the obvious assumption that this severely undervalued at this price

[cashandcard] 25/9/2020 15:11

Rights taken up?

[spacedust] 25/9/2020 15:08

Well this spike stinks of something

[spob] 25/9/2020 15:07

UK Daily cases - Covid 2019

[spob] 25/9/2020 15:06

I dunno

maybe the false hope that the whole world will be vaccinated by xmas

[spacedust] 25/9/2020 14:38

Why the sudden spike in airlines

[loganair] 25/9/2020 14:27

I believe BA's London City and Gatwick short haul flights are currently using Heathrow T5.

[diku] 25/9/2020 14:11

monty...what you doing Heathrow T5?...sight seeing?...

[lasata] 25/9/2020 12:20

What time is the result of rights issue out today?