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SHAREINTHIS : No reason why he can not come to uk bud but which carrier i bet not ba , so we allow the US in and what makes you think there going to use BA as a carrier , common sense state and price , there going to use a US carrier, so i can not see any fortune for BA until the US lets the Brits in GET IT
mararab It's a valid point and only a fool would choose to ignore it, the market won't. My brother needs to come over to UK from NC. He won't until he doesn't have to Quarantine upon his return. Air prices will reflect this.
From the Evening Standard. "Now it has been confirmed US and EU travellers who have had both vaccinations can enjoy quarantine-free travel to the UK. The decision was made after a discussion among the government’s Covid Opernations committee on Wednesday. These new plans will be a boost to the aviation and tourism sectors.". LTH. GLA.
The UK doesn't really need a mutually recognised vaccination passport. Don't get me wrong in a world where the US and Europe and vowed to show unity, it would look silly if we don't. However, if we want our tourism industry well supported then so be it.
Related to Biden - I believe I read Trump actually removed the travel restrictions shortly before leaving office, only for Biden to reinstate it immediately. They are both inward looking political figures, at least with Trump we knew exactly what he was doing.
I hope you are right sundeze, I have a strategy which is a win win anyway. It is all about whether my strategy can cream of an extra dozen grand or something to allow me to add to my travel plans, i.e add on a trip on something that floats with a private balcony full board drinks included [including the 8am Margarita :) ]. I am in Easy and SSP in travel heavy and both are surging at the moment. Getting ready for the sell and buy on the next step back and then again onwards for the next couple of steps forward. When will the Easy steps forward end - -I think the time will be around when the mutual covid passport recognition is WORKING in the real world rather than just announcements. I have a feeling Merkel's exit timetable is having an effect on the delay of the announcement which should have been 1st of July. As previously, the proper opening up of the markets is dependant on whether destination countries will accept external visitors and to what extent our own wild cards in our government are prepared to intervene and sabotage overseas travel as part of the war raging in Downing St. The momentum is clearly towards opening up travel and so the resistance form the lockdown lobby in Downing St is on the wane - for the moment. Within the EU money and real world reality is biting deeper and more localised arguments to open up are growing but for now the commission is maintaining it's grip on the member states knackers. We may yet see a return to rogue states going it alone with arrival rules despite the sell of the commission related to terms for opening up the internal travel. It is of no significant advantage to many tourist hot spots - the Brits spend the bulk of the money. I expanded on my assessment of the US earlier this morning. SO I expect a EU travel surge first, followed closely by the transatlantic opening up perhaps only a week or so behind. We will see won't we.
BigBlue, you see, i think you are wrong, results will catapult IAG back to £2.00 as we will have loads more flying and more revenue coming in. Are you aware that usa flights are rather full anyway??US passengers are transiting through LHR on their way to Europe at the moment. Plus business travellers can go to usa and they can come here freely. This share is worth more than it is now and if you look at consensus you will see. Expect £2.00 very soon IMO. Dyor before investing your money, prices can go up as they can go down.
Makes little difference which stock anybody is in really, as long as you are holding in a market sector that is getting a bounce. I could easily be in IAG looking for a decoupling against another travel related stock and looking for a switcheroo there. Such opportunities come along here and there and the compound effect of jumping between shares with big gains within a booming sector when individual shares are moving out of sync due to very localised issues can result in pretty significant gains. Such an opportunity has been ever present in the travel sector for most of Q2 in my opinion. I may have identified the right stocks, maybe it was two or three other stocks that would rise and fall out of phase. My easy jet is continuing to rise faster in % terms than IAG and SSP is looking good for a significant spike recovery. The situation with travel opening latter in to the US than to the EU remains, the opportunity is still there and I can't hear any fat ladies singing at the moment.
... 2 steps back. Here is a familiar pattern. Place your bets that tomorrow or Friday will be a pull back around half of the first half weeks gains. Of note again is the SSP recovery - this tells us that there is a growing increase in foot fall in the airports. Certainly the intention to open up travellers into the UK is going to increase bums in the air, but I understand it is only at discussion stage. SO be prepared for a delay in the date because of the mutual recognition of covid passports being delayed UK and EU - which is when the sp will have a one step back moment. Don't bank on Biden being friendly, so far he actually seems to be more inward looking than Trump was! It is just that the media narrative is not skewed towards dissing him. Biden's administration is cutting off a lot of bridges built by the previous administration, it is bizarre but it looks like a regression into old emeny lines in the sand is the order of the day and, like with Obama, the attitude with the UK is luke warm. Therefore I still do not expect any surprise announcement to benefit either the EU or the UK on opening up transatlantic flights to the masses.