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[action] 05/5/2020 20:36

Warren Buffet was correct as air travel may be unsafe for at least 2 years without vaccine. Also now they are worried about USA debt mountain. What will be next .

[sikhthetech] 05/5/2020 20:29

for me, this would begin to look like an interesting punt nearer to 150p...

[hamhamham1] 05/5/2020 19:28

Truth or rumour????

[silkstag] 05/5/2020 17:17

Mirror mirror on the wall,
Which FTSE 100 company fell today the most of them all?

[livewireplus] 05/5/2020 16:00

Emirates' Tim Clark: Coronavirus is a black swan event for the airline industry hTTps://www.thenational.ae/business/aviation/emirates-tim-clark-coronavirus-is-a-black-swan-event-for-the-airline-industry-1.1015208 

[smartie6] 05/5/2020 15:53

Hope everyone is carrying a parachute.

[davethehorse] 05/5/2020 15:47

In freefall

[smartie6] 05/5/2020 15:35

You maybe right.

[montyhedge] 05/5/2020 15:34

They might had well put everything on hold until a vaccine found.I fly 5 times a year, won't fly now until vaccine.

[action] 05/5/2020 15:31

Air travel will not be possible even 6 ft apart as air conditioning in aircraft recirculate part of the same air.

[silkstag] 05/5/2020 15:29

FTSE +2%, IAG -3%.
Assume when FTSE -2%, IAG -5%.

50p = 29% of av 175p. So about 7 trading days to slide to 150p at average -4% per day. Allow an extra 7 trading days for dead cat bounces, gives 14 days. This is a crude estimate. But if it saves some ADVFN holders from throwing another 50p in the bin in the next 3 weeks then it is worthwhile. All imho DYOR.

[smartie6] 05/5/2020 15:09

What has wings but cannot fly?


Give up?

It’s not an Ostrich. Lol.

[montyhedge] 05/5/2020 14:23

They won't give a refund, unless you quote EC261 then your get a full refund, trying to palm people off with credit notes.

[nw99] 05/5/2020 14:12

BA just cancelled my June flights to Portugal ??

[loganair] 05/5/2020 13:56

Virgin Atlantic to cut 3,150 jobs - The airline also said it would stop using Gatwick Airport as part of its battle to survive the impact of Covid-19.

[arai] 05/5/2020 13:40

Sky News has learnt that the airline majority-owned by Sir Richard Branson's Virgin Group is to announce that it is cutting just over 3,000 jobs in a move that will spell the end of its long-running operations at London's Gatwick Airport.

[purple11] 05/5/2020 13:10

brought in here today at 200.3 for a trade. stop loss set at 190.

target 3.50 on end of lockdown initial spike,gla

[montyhedge] 05/5/2020 12:44

1 kilometre queue to get on a 747, lol, flying is a nightmare anyway.I fly 5 times a year, no way getting on board until a vaccine.

[silkstag] 05/5/2020 12:28

FTSE +1.4%, IAG -2.8%.
davethehorse neigh be wrong imho.

[wilc42] 05/5/2020 12:18

Why is the idiot filming it and not clearly turning it off. Unless they were the perpetrator?

[davethehorse] 05/5/2020 12:14

Next stop 150p

[loganair] 05/5/2020 12:02

MoneyWeek - The lockdown has accelerated changes in our behaviour that were probably coming anyway, but might have been a long way off. People in many industries will work from home more and use video conferencing more.

That in turn means less demand for office space, less business travel, and less need for cafes and corner shops servicing the lunchtime and snack-break rushes.

So some businesses will see a lasting boost to demand – those that provide or facilitate online services. Some will see permanent demand destruction – anyone linked to business travel, from long-distance meetings to the daily commute (hence Warren Buffett selling his airline holdings).

[montyhedge] 05/5/2020 11:54

4 billion pound market cap at 200p crazy, no dividend for at least 3 years what I can see.At 150p market cap 3 billion pounds.That's my target.