International Consolidat... Share Discussion Threads

[2ngh] 05/8/2014 14:29

Recovered from 311 now so not 10% in two days anymore.

Still 7.5% though.

So many freak air accidents / situations at the moment, thanks for the reasons Phil.

[shugsy] 05/8/2014 13:59

10% fall in two days!! Wow!!

[philanderer] 05/8/2014 13:46

ediit : it`s a Qatar Airways flight

Military jets have escorted a passenger plane to Manchester Airport after reports of a possible device on board, police said.

The plane was escorted by the Royal Air Force (RAF) as a result of information received by the pilot.

Greater Manchester Police said they were treating it as a "full emergency" as officers did not know "know how genuine this threat is".

BBC

[shugsy] 05/8/2014 13:06

Must be on the verge of being halted!

[shugsy] 05/8/2014 12:25

05 Aug 14 International... RBC Capital Markets Outperform 316.10 400.00 400.00 Reiterates
04 Aug 14 International... Credit Suisse Outperform 316.10 587.00 587.00 Reiterates
04 Aug 14 International... Cantor Fitzgerald Hold 316.10 470.00 470.00 Reiterates

Had no effect whatsoever.

[shugsy] 05/8/2014 11:26

Freefall.......

[shugsy] 05/8/2014 11:23

Down nearly 7% in two days, same reaction after KLM profit warning!! This is certainly in play for the shorting crowd. One to leave alone till they move on and the share price recovers. Even the broker note this morning not having an effect - price target 400.

[younasm] 05/8/2014 10:01

In the "game" of trading, the only way to get some transactions flowing is to move the share price either way......... unfortunately, the trend is very much down for IAG. We will get short term reversals though.....

[2ngh] 05/8/2014 09:49

Morning Peny,

Disappointing after very positive result taken as a whole in the sector.

You still in Hargreaves?

[penycae] 05/8/2014 09:21

Morning all.
Still holding here. They'll let it go soon. Just a plaything at the moment.

[2ngh] 04/8/2014 19:09

Disappointing day with no news and a flat market.

3.4% seems harsh after the results.

Would agree You, back to 320 test.

[younasm] 04/8/2014 18:24

I don't see any relevant news - just an attempt to re-test 320p this week.

[shugsy] 04/8/2014 16:05

Any bad news out?! Down 3.2%?

[younasm] 04/8/2014 12:39

If I could get 65% trades right, I would be very rich :-)

Only risk management is stopping me being wiped out.

[alphorn] 04/8/2014 11:56

Younasm - I hope that you are right; a little higher would suit me fine.

[younasm] 04/8/2014 10:45

Gone long at 330p --- not expecting more than 10p either way from here (famous last words). Small profits will do for now.
I am more leveraged to the upside -- so 345-350p would be nice in the next week or so.

[younasm] 03/8/2014 18:29

At least the results were not shocking, my limit sale orders kicked in Friday morning, allowing me to go long again after mid-day for Sept/Dec at 330p.

If the indices go up, then IAG should trade above 350p very soon. Expect more volatility until November. Excellent way to make money (selling options), IF you can get the direction right.

I am guessing we will see a trading range of 320-370p for the rest of the year.

[skinny] 01/8/2014 11:04

Cantor Fitzgerald Hold 329.80 330.80 470.00 470.00 Reiterates

Davy Research Neutral 329.80 330.80 - - Reiterates

[philanderer] 01/8/2014 10:10

"This performance shows that we are making further solid progress," Chief Executive Willie Walsh said.

"Our disciplined approach to capacity continues and we will make reductions where it makes sense as we go through the year. We are, therefore, trimming planned IAG capacity by around three percentage points for the winter 2014 season."

IAG said it will reduce capacity across its airline network rather than in specific markets. "It is principally [a question of] taking out frequencies where we have multiple frequencies," Mr. Walsh said on a call with reporters.

On the key transatlantic market that is a big contributor to British Airways profits, Mr. Walsh said airlines have added capacity faster than demand has grown.

WS Journal

[2ngh] 01/8/2014 09:46

Lost all of its near 5% opening gains.....

Incredible.

[2ngh] 01/8/2014 08:16

Very good results in a sector that has been nothing but awful.

Well done IAG.

We should be back to 380 and above soon, especially on the forward looking statement.

[skinny] 01/8/2014 07:34

Deutsche Bank Buy 330.80 330.80 470.00 470.00 Reiterates

370 would be a start!

[broadwood] 01/8/2014 07:34

International Consolidated Airlines swung into the black in the six months to the end of June posting an after-tax profit of €96m against a loss of €503m last time.

Passenger revenues were up 9.1% at €8,177m and total revenues were 6.7% higher at €9,289m. The group posts an operating profit before exceptional items of €230m against a loss of €33m last time.

Second quarter operating profit was €380m (2013: operating profit of €245m before exceptional items), €135m better than last year.

At constant currency, second quarter passenger unit revenue down 0.4 per cent (excluding Vueling up 0.1 per cent) and non-fuel unit costs down 4.4 per cent (excluding Vueling down 2.5 per cent).

Chief executive Willie Walsh said: "This performance shows that we are making further solid progress. Our disciplined approach to capacity continues and we will make reductions where it makes sense as we go through the year. We are, therefore, trimming planned IAG capacity by around three percentage points for the winter 2014 season.

"All of our airlines had their highest second quarter operating result since 2007.

"British Airways' operating profit was €332 million in the quarter, up from €247 million last year while Iberia made an operating profit of €16 million, compared to an operating loss of €35 million last year. Vueling's operating profit was €30 million, up from €27 million last year. "Iberia's restructuring continues to have a positive impact and last week Iberia signed an agreement that could lead to an additional reduction of up to 1,427 jobs. This will create new opportunities for Iberia to enhance its profitability further in the next two or three years. Based on the progress made at Iberia, we're pleased to announce today that eight Airbus A350-900s and eight Airbus A330-200s will be joining its longhaul fleet as replacement aircraft.

"In the half year, the Group made an operating profit of €230 million compared to an operating loss of €33 million last year. Revenue was up 6.7 per cent with non-fuel costs up 4.9 per cent. We have also improved our cash and adjusted gearing position since the end of last year".
-

[broadwood] 01/8/2014 07:23

At current fuel prices and foreign exchange rates, we expect to improve operating profit for the 2014 full year by at least EUR500 million, from a 2013 base of EUR770 million