International Consolidat... Share Discussion Threads

[danvandan] 03/9/2021 17:14

milkey, you seem to have confused priorities. You are evidently trying to have a 'covid argument' with me. I do not care about covid, other than avoiding getting killed by it. The reason why I am discussing the number of covid deaths is because that is how people abroad are judging the safety of travel to and from the UK and the level of quarantine factors and inconvenience/cost associated with that travel. High covid mortality and infection rates put the UK on 'red lists' or their equivalent, and consequently there will be little or no long-haul traffic to the UK from those destinations, in just the same way that we as a nation, apply restrictions on countries like India where the disease is running rampant. All of this is bad for IAG which needs to get up and flying again long-haul at high capacity.

The covid situation, sadly, is currently getting worse here. Whatever your views on the disease, the cure, the economic response, there is no getting away from that fact. IAG's debt burden is consequently increasing, and will become unsupportable, perhaps within months. That is why this share is heading down and will continue to do so until covid is contained globally.

[m1k3y1] 03/9/2021 16:26

Too funny.......The covid data of course. which you are avoiding referring to now that it doesn't support your position.

[danvandan] 03/9/2021 16:04

The data is now 156p. See graph at top left of this page.

[m1k3y1] 03/9/2021 15:56

not quite sure how a share price supports your covid argument ?

Show me the data.

[danvandan] 03/9/2021 15:28

157p supports my argument. Going down.

[m1k3y1] 03/9/2021 15:07

I have just seen that the 178 figure you mention comes from this website which states
"Deaths within 28 days of positive test "


This doesn't support your argument .

[m1k3y1] 03/9/2021 15:05

Dan.....The sky report you refer to, does not provide the government website it uses to uphold the fact they these deaths were 'covid related' whatever that means.

Please can you provide the Official Government data that demonstrates how many people actually die from the Covid Virus in the UK, daily.

[danvandan] 03/9/2021 14:21

Shareprice is descending through the trapdoor to the vast empty-sky drop below.

milky, you were curious about covid deaths. This is from skynews yesterday:
COVID-19: UK records 178 more coronavirus-related deaths and 38,154 new cases, latest figures show.



Let's see what the news reports today - my guess is 200+ deaths.
In any event, the death-rate and case numbers are continuing to rise and we will soon be at a depressing, not to say frightening, 200+ a day. Schools are going back and Scotland's experience seems to show that covid deaths will increase sharply as a result. As I've said before, none of this augurs well for the UK's place as a global destination. Countries beyond Europe and the US are continuing to struggle with achieving rapid vaccination programmes. Debt is growing for IAG. Rights issues, administration, and/or nationalisation beckons. GLA in your health and your investments.

[porsche1945] 03/9/2021 13:44

you losers would be better off buying GME or BTC than trying to turn a profit on this pile of shxt listed on dog index of the world ftse 100😂

[m1k3y1] 02/9/2021 15:50

Dan.....it's nothing like that.
How do you know 'we have 200+ covid deaths a day' ?

I haven't seen any data that states that.
Th GOV website says 'Deaths within 28 days of positive test ' which does not say they died of covid.

[squash90] 02/9/2021 12:17

COVID related deaths get it right

[danvandan] 02/9/2021 09:43

That's really like saying you don't accept that you're drowning because no one has told you what water is made of. When we have 200+ covid deaths a day, no one will be flying here and we won't be flying anywhere else. The winter flying season will not be getting off the ground.

[m1k3y1] 01/9/2021 22:22

As previously stated, the data being provided to the public is questionable, given that GOV is not being transparent with how the data is being compiled.

[danvandan] 01/9/2021 18:37

Yes, people who have died of flu tend to be very uncommunicative in my experience.

[investtofly] 01/9/2021 18:12

So I take it FLU has been eradicated? I haven't heard of anyone that has died from FLU over the past 18 months or so.

[danvandan] 01/9/2021 17:52

m1k3y, you are deluding yourself. 207 covid deaths are deaths within 28 days of a covid infection. This measure has been reported consistently for the UK for about a year and a half now and reliably tracks the lethality of the disease in the general population. The key aspect for the daily reporting is that it is going up, from about 100 a day. 207 plus approx 60 the previous day is over 130 daily deaths, and the direction of the disease is clear. It still has us in its grip and that grip is tightening again. 207 reported on the last day of August is very bad news. We are looking at waning immunity from the first wave of vaccinations, greater infectivity of new variants and crucially, we are moving into the colder months now when more people will be indoors and infections will increase. We are facing a very uncomfortable choice - no more lockdowns and a rising death rate, or new restrictions on business and social activity. In the meantime, all over the world other countries will be putting the UK on their red lists. Long-haul for IAG is screwed as far as this winter is concerned.

The share price has been knocking on the trapdoor of 159 for a while and it looks like we are about to plunge through tomorrow. If it gets to 140 there is nothing but empty space until sub-100p. I suggest you buckle-up for an alarming descent.

[browney1] 01/9/2021 16:52

I am flying in long haul tomorrow, BA is still a 'premium' airline, meaning it is not a discount but it is a mediocre airline compared to others in world terms. Lots better airlines, just check the list, especially long haul. In europe it is still above average, Asian airlines are quite a bit better in food, drinks, service. That is just fact , except the Chinese airlines and a few others but considerably cheaper so not comparable. profitability aside.

[m1k3y1] 01/9/2021 16:28

David.......unfortunately GOV does not provide the details of the stats they publish.
We have no idea how many of the 207, for example, actually died of covid or a covid related death.

So, the figures really are not very useful.

H.M.Gov, or rather BoJo refuses to provide the detail requested by companies such as RYA , EZJ and IAG, regarding the breakdown of the published data.

Until they are more transparent with this information, it cannot be relied upon.

[david gruen] 01/9/2021 16:12

The UK has recorded 207 more coronavirus-related deaths in the latest 24-hour period, government data shows.
It is the highest figure since 9 March when 231 deaths were reported.
There have also been another 35,693 COVID cases recorded.

[m1k3y1] 01/9/2021 16:08

Logan......historical posts demonstrate your personal dislike for BA.

Your posts are hardly objective, from an investment perspective.

[jailbird] 01/9/2021 11:31

Logan,BA have been classed as a budget airline for some time and in the same bucket of airlines as EasyJet and Ryanair It was announced in the airline awards for best and worst airlines categories

[ny boy] 01/9/2021 09:03

Time a few went back to school, they just post comments and make themselves look stupid.

This is a long term recovery play, either you are buying & holding or shorting or just sitting on the fence being vocal.

Will check back next spring, meanwhile (AO.) Seems a good recovery play, I have been accumulating down to 210p support area. Also (TRX) an interesting tiddler starting to show signs of its potential dyor as usual.

[loganair] 31/8/2021 15:15

BA consistently say they are a 'Premium' service airline while in actuality at best they offer a budget airline service. With in Europe I can never see of any reason paying the extra to fly on BA especially with their non-existent services, both check in and inflight and on the whole how the cabin crew run the passenger cabin and treat their passengers as though they are senior NCO's and the passengers are lowly Privates.

[loganair] 31/8/2021 15:08

British Airways’ plans to launch a new budget airline at Gatwick have been branded “the definition of insanity” by the boss of Ryanair.

Michael O’Leary shrugged off the threat of a new rival being operated by the UK flag carrier as Europe’s biggest airline announced 500 new jobs across British airports.

British Airways has made multiple attempts to run budget airlines, the most high profile of which was Go, a low cost carrier that was sold to private equity in 2001 and later to easyJet.

Mr O’Leary said: “Like Go and like all the ones before it, it would fail because BA has no commitment to low fares.

“The definition of insanity is doing the same thing over and over again and expecting a different outcome.”

Last week it emerged that BA was considering a new short-haul subsidiary based out of Gatwick as it grapples with the continued fallout from the pandemic.

The airline confirmed that it was exploring options to cut costs, but would not be drawn on its plans for a new carrier.

BA did, however, warn staff that the airline will have to cut costs when the Government’s job retention scheme ends in September.

In a memo to employees, bosses said: “Our pay costs will steeply increase, and any increase in costs is bad news… we know that our schedule and our operating costs for the rest of this year will not line up.”