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[volvo] 22/10/2020 08:43

One can only assume that IAG (at least BA) will eventually be part or fully nationalised

[mj19] 22/10/2020 08:34

Holding well

[montyhedge] 22/10/2020 08:00

Read like a horror movie.

[sunshine today] 22/10/2020 07:10

I did warn you, today yet another warning , look for half a dozen more.





sunshine Today14 Oct '20 - 12:35 - 20334 of 20383 Edit
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From just a month or so ago :

There has also been no change to the Group's downside planning scenario, which was used to determine the size of the Capital Increase. The downside scenario includes a reduction in capacity in terms of ASKs of 66% in 2020 and 35% in 2021 relative to 2019. IAG considers that further downside to the latest planning scenario is more likely to be in the form of delays or extensions to the recovery trajectory, for example as a result of partial travel restrictions, rather than a return to full lockdown.

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2021 off just 35% is clearly nuts.

Look for around twice that reduction, next year.

[soho2] 22/10/2020 07:03

And "another" profit warning... (In response to the high uncertainty of the current environment, IAG now plans for capacity in 4Q 2020 to be no more than 30 per cent compared to 2019. As a result, the Group no longer expects to reach breakeven in terms of Net cash flows from operating activities during 4Q 2020)...

[f0rl0rn] 20/10/2020 21:33

https://www.bbc.co.uk/news/world-europe-54596783

[wetpantz] 20/10/2020 16:30

Tests will become cheaper quicker and routine. IAG will be able to slash staff salaries by firing and hiring from the legions of airline staff made redundant. Unions have no leverage as there is now a ready supply of labour. Heathrow 3rd runway is history which means no costs passed on and continued dominance at the airport. Will also be able to pick up landing slots from busy airlines. Fuel prices look set to stay low for a while. Fleet average age is now newer and more fuel efficient. Zoom is not going to kill off business travel.

[albert3591] 20/10/2020 15:35

I hate wearing a mask for the few minutes in a supermarket shopping,no way will I sit on a plane for 4hrs+ not a chance.I cannot for one moment think I am the only one to feel this way,I will give spring 2022 a look maybe.

[m1k3y1] 20/10/2020 15:19

I think the cost will have to come down if they are expecting people to fly in any numbers.
Personally, I think the test should be free to all UK citizens.

Send the invoice to China.

[soho2] 20/10/2020 14:34

@ £80 a shot and ONLY for countries (2) which require it 24h before flying.

[albert3591] 20/10/2020 09:59

Just another straw to grab.

[jason_scrap] 20/10/2020 09:18

Tests before flying is exactly the type of catalyst that will trigger a recovery in the airline industry... let's face it British Airways are not going bust, not while humans continue to fly. Another plus is airlines reopening may trigger a rise in oil & gas industry too

[jailbird] 20/10/2020 07:37

Coronavirus: Rapid one-hour tests now available for Italy and Hong Kong passengers at Heathrow

[m1k3y1] 19/10/2020 17:25

The Guardian

[justiceforthemany] 18/10/2020 21:26

More than one coronavirus vaccine will be available in the next three to six months, a government scientific adviser has told Sky News.

[buywell3] 18/10/2020 00:17

Pfizer is not going to release any vaccine prior to the election

It MIGHT consider asking for emergency use weeks AFTER the election --- might

So buywell thinks Trump is now looking very much like losing the election due to his handling of Covid-19

Cases are now rocketing up in many continents

New coronavirus wave gripping US has 'potential to be worst yet'

Oct 18, 2020




which is a nice leader to this

[qantas] 17/10/2020 20:59

Please do your ow. Research as always

[justiceforthemany] 16/10/2020 14:26

Plans for expanded workforce to deliver unlicensed Covid vaccine become law

New laws that will see midwives and paramedics administer vaccines and grant the MHRA powers to approve an unlicensed Covid vaccine are being introduced today.


Pfizer vaccine likely to be approved in November.