International Consolidat... Share Discussion Threads

[daveboy19] 06/10/2021 08:26

Lol, we only follow them when they are down !

[bartyb] 05/10/2021 15:40

American market and airline stocks up

[hooley] 04/10/2021 17:44

All good news, unless you are short. MMs trying to get the share price down despite a large majority of purchases.

[m1k3y1] 04/10/2021 16:43

Thanks Barty

[bartyb] 04/10/2021 16:35

British Airways to bring back the A380 ‘SuperJumbo217; jet
Simon Calder 2 hrs ago
6 Comments
|


Many aviation industry observers had written off the Airbus A380 “SuperJumbo221; once the coronavirus pandemic took hold worldwide.

Rare sight: British Airways’ Airbus A380 jets are currently in storage - British Airways© British Airways
Rare sight: British Airways’ Airbus A380 jets are currently in storage

- British Airways
A prevailing view was that the aircraft’s economics – with four engines and as many as 600 seats – made it unsuitable for post-Covid operations.


The double-deck jet has been retired from some airlines’ fleets, while other carriers – including British Airways – had flown their A380s to long-term storage locations.

But BA has now taken the industry by surprise by bringing back five of its 12 giant jets next month – initially on short-haul hops to Frankfurt and Madrid.

Rob Burgess, editor of the frequent flyer site Head for Points, wrote: “According to internal scheduling documents which we have seen, British Airways is bringing five of its 12 A380 aircraft back into service from next month.”

The first flights will start on 8 November from London Heathrow to Frankfurt (408 miles) and Madrid (773 miles) – the latter around one-10th of the plane’s maximum range.

They will enable pilots to reaquaint themselves with the aircraft after a 20-month grounding.

Head for Points says that BA plans to launch long-haul services with a link to Miami from 3 December, with Dubai, Dallas-Fort Worth (DFW) and Los Angeles following on 5, 7 and 9 December respectively.

“DFW may be delayed as the necessary facilities to handle a BA A380 are not yet in place,” the website notes.

Last month the aviation data analysts Cirium reported that five out of six Airbus A380s were out of active service.

Just weeks after the jet celebrated the 15th anniversary of its first test flight from Toulouse in southwest France, Air France has announced the “definitive end” of flights with the A380.

The aviation schedule analyst, Sean Moulton, said: “The re-introduction of the A380 shows an increase in demand this winter and while only five of the 12 are to be used at first, it shows intent for the airline to keep the aircraft, despite many of its competitors removing it from the fleet.

“With slots still precious at Heathrow, the aircraft will be paramount for airlines serving the capital, however, it remains to be seen what routes they return to in the long run - and which markets rebound quickest.”

The Independent has asked British Airways for a response.

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[bartyb] 04/10/2021 16:12

Global airlines see upturn amid huge Covid losses, says Walsh
Airlines in North America are forecast to return to profit as early as next year.
Global airlines see upturn amid huge Covid losses, says Walsh
IATA chief executive Willie Walsh

MON, 04 OCT, 2021 - 15:20
RAJESH KUMAR SINGH
Global airlines have projected a sharp reduction in industry losses next year as a multi-speed recovery from the coronavirus crisis gets under way, but revised up the financial toll inflicted by the pandemic in 2020 and 2021.

The International Air Transport Association, the industry's main trade body, predicted that net losses at airlines would narrow to $11.6bn (€10bn) in 2022 from $51.8bn (€44.5bn) this year.

The losses for 2021 were revised up from $47.7bn (€41bn) estimated in April. IATA also revised up losses for 2020 to $137.7bn from $126.4bn (€108.6bn) estimated earlier.

While airlines across all regions are expected to perform better, those in North America are forecast to return to profit next year.

"We are past the deepest point of the crisis," IATA director general Willie Walsh told the group's annual meeting.

[m1k3y1] 04/10/2021 11:23

Barty.....where is the info please.

[bartyb] 04/10/2021 09:43

Looks like they are keeping the slots at Gatwick

[hooley] 04/10/2021 08:46

Broken through 180p 200 mda and now onwards to 220p. You know it makes sense. Onwards thereafter to 300p by Xmas?

[samartin] 04/10/2021 06:35

Fasten your seat belts- we are about to take off

[reviewwworld] 03/10/2021 21:40

Stock is going to rip higher UK cuts red list countries to 9 from 54 and will further ease restrictions on Thursday (Telegraph)

[m1k3y1] 03/10/2021 19:32

BBC News
Pandora Papers: Secret wealth and dealings of world leaders exposed

[m1k3y1] 03/10/2021 16:34

Bloomberg
Lufthansa Adds Flights, Sees Rising Demand on Leisure Routes

[ttny2004] 03/10/2021 11:39

Just got back from Malaga last night on BA flight. Was full. LHW T5 very busy. Felt nearly post pandemic. Things over last 3 to 4 weeks definitely changing for the better of travel industry for sure.Unless there is a new strain that vaccines cant manage think we are seeing the travel industry start to return to some normality from now until next Summer.

[m1k3y1] 03/10/2021 10:42

The Independent
UK’s Covid travel red list ‘to be slashed from 54 to 9 countries

[ny boy] 01/10/2021 12:11

Nice dip buying here, investors hungry for shares on the cheap, look long term for healthy returns imo

[hooley] 01/10/2021 08:40

MMs opened the shares easier, but it hasn't worked. They are short and buyers keep coming in and the share price will approach 200p in the net few days.

[hooley] 30/9/2021 14:17

Up a third in just a fortnight, so a bit of profit taking is to be expected. Still plenty of buying, which is bullish. En route for over 200p next week? My target is 300p by Christmas.

[hades1] 30/9/2021 13:20

a 5% decline seems a bit steep!

[hades1] 30/9/2021 11:48

Conference in London today about improving travel
Should have been + news ?

[m1k3y1] 30/9/2021 11:25

It's general.

[davethehorse] 30/9/2021 11:07

Back to 150p

[hades1] 30/9/2021 10:48

Tanking down over 2.8%?
Ideas?
Sterling weakness?