The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Daily Telrgraph mentioned possibly up to 30 countries will be green. Let's hope USA is on the list very soon!! Hopefully start to move the SP here.
Only new thing in this is the quote ""We need to get Europe up and running as a first priority before opening up to the outside." Proves to me our policy is pegged to the bloody EU despite us supposed ti being an independent nation. We should NOT be held back waiting for Europe, again! If the US routes are valid, open them and ti hell with the EU.
And we will still have the ridiculous return lag restrictions. Down to the the transport committee to kick some sense into the waring factions in Downing Street.
Fug - yeah shame about Bay City Roller front man and Wall Street barely touching FTSE futures.
https://www.mirror.co.uk/news/politics/brits-could-begin-european-holidays-23964108
Share price should get further boost as summer holidays are back on.
DYOR.
Check out the UK breaking news, and wall Street.
Good close today, expect more gains tomorrow...onwards and upwards..All IMO.
We shall see - this time next year whether the news will be of routes closing, airlines going under and fleets being reduced thanks to a decline in business travel, or planes being so heavy with fat business men they are having trouble taking off [flight deck jokes, been in the jump seat on many occasions and heard then one about 2 degrees more flaps because the captain watched a right fat bastard waddle up the steps lol]. Some say up, some say down, some say just shut up. Well at least my averaging up with Easy Jet has an immediate pay off. Just need to get the timing right now to bail Easy and all in IAG. Time to return to making money with these dogs.
.... and another thing, time zones. When you lot are in your conference calls with Japan, US Aus or even Dubai, who is calling the shots on the call time of day? Are you all happy to be getting out of bed or waiting up till two in the morning to take part in a 10 min call? What confidence do you think all those line managers have in your level of sobriety - or you in theirs late at night and early morning? And conference calling multiple locations around the world on successive days/evenings?
I can tell you exactly how long that key technical or sales rep will stay with your company when they find most of the week they are working a night shift due to the necessary times fore the conference calls. Either they are on the plane face to face with the same space to acclimatise just as before or they will be gone by the weekend and they will not be working their notice.
I guarantee that there will be enough of a return to business flight that every available seat will be filled. I guarantee that there will be companies looking at their competitor websites proudly proclaiming stay at home green credentials and getting their best people on the first plane straight to the heart of their competitor market shaking hands and grossing out the entertainment budget. I guarantee that all around the planet guarantees that the midnight conference calls will be stopped as soon as travel permits and people will be able to go face to face.
Those who think the world is going to work by conference call are genuinely deluded. I remember the times the faf trying to set up business calls between three parties resulted in all of us taking a short city hopper to Frankfurt airport, meeting up in a bar, covering a lot of ground involving A1 technical drawings with quick layout sketches and amendments [try that on Teams if you dare!] and all three parties able to flesh out the Gantt chart then sitting back for a spot of lunch, bonding, and then back to UK to report back to the office and home early. That was UK, Germany and Dutch engineers. You will never be able to having such constructive meetings over copper or fibre. It is a challenge just to indicate what you are pointing at. Stretching your arm out and elbowing someone else out of the way just can't be done on the video conference, lol.
taken from sky news..
"We're now hearing from Macron for a second time following a technical problem - and he says the world must move more quickly on climate.
The initial video feed from the French president appeared jumpy and did not include a translation, so we are now hearing from Emmanuel Macron again."
Face to face meetings will come back...and travel will benefit again..IAG is well positioned in post-covid times. All IMO.
FTSE, if the 'changes' are imposed forever and there is no end to lockdown or free travel, then maybe you are correct. But the present working environment is due to the forced situation. Remove the forced situation and allow the choice and the working environment that developed and established itself over decades will absolutely definitely return. Frankley, if you do not think so then what the hell are you doing having any interest in this stock?
I'm sure those with the new world order widgets to sell would love to see the end of air travel. It will return, and so will the passengers. A number of you seem to be believing that because people are forced to behave in a certain way that the behaviour becomes ingrained and the norm. Oh but it doesn't. It never does. People iterate back to what works best for them and in the most part that is a return to what they were doing before. How many business and home computer users would be happy going back to the Windows 3.1? Or being able to stay with XP? Too many delude themselves in IT that the latest big thing is the best ever and everybody is going to love it. A lot of people I know, including me, are back-peddling from smart phones back to a basic mobile as a phone. Too much hassle with batteries running out, apps not working unless you have the latest million pound model, huge data costs, apps freezing, very poor app imitations of the proper web sites, awful speakers, awful microphones, drop outs, signal failure, ahhh sod it done with it. I managed perfectly well before, what a relief not having to try and force all that tech junk to work for me. Just sits in the car now as a free sat nav. And many are going the same route.
What makes me laugh is that all countries can do a on line conference regarding climate change but are not able to do a summit on coronavirus and what is needed around the world ie vaccine type of mask etc travel and what is needed around the world to get travel going again . Total shenanigans
Big-Blue......I can only assume from you ramblings that you have no experience or involvement whatsoever in (1) Airline Sector, (2) Technology.
I certainly don't pretend to know everything about the Airline sector......I do know quite a bit.
Over 20 years experience as a 'Management Consultant' in the Airline sector probably provides me with a far deeper insight into the challenges ahead for IAG. The environment has radically changed over the past 12 months and your belief that Business Travel may "Expand and every business will be full" suggests you have very little understanding of the changing dynamics.