Member Info for big-blue

Robbren58, take a 360 view. Does Easy need the cash to stay afloat? Fundamentals and market prospects say unlikely. Also the size of the issue points to some other agenda.
It is revealed there has been a take-over 'approach' lets call it. So I start to wonder about fattening the pig for slaughter. But Easy are talking about being in a position to take advantage of opportunities. It is expected that a number of airlines are going to fail thanks to the loss of revenue during the pandemic. So how much of that 1.7bill is actually a costing of a planned set of takeovers, not just having a random pile of cash for speculative buy-out prices of ather airlines? No, such figures are not arrived at so randomly. There is a plan. The takeover news is the critical bit which perhaps indicates the big reshuffle of the market is about to begin.

"The game's afoot".

Even on R4 the comment is that IAG may have to raise!!!!!!

Also my sentiment on potential mark up on take over of Easy J mentioned.

Hold on, did I write that news piece? Was the BBC monitoring my posts and just put them out on air?

Or, OR, or, is it possible, just possible, I might have some decent insight into what could happen IN THE REAL WORLD!

marararasb - no surprise really, for IAG. There is no prospect of the transatlantic routes opening up properly for many weeks. The best to hope for is a couple of limited routes with enhanced testing. Rights issue for Easy Jet is the unexpected bit since they have the EU market and so the cash flow should be good. Easy J was already cheap and therefore a potential target, I did muse that a few days ago. I suspect the rights issue has a lot to do with fattening up the pig for slaughter! But it has a knock on effect for IAG too. Best cover for IAG to grab some market money is when everybody else is doing it. The other big option for IAG is to sell off the BA asset. That I think is also on the cards. However, would that be a good thing for IAG holders? Very difficult to say without a road map to opening up the main market for that part of the business. IAG was always going to decline in the sp without the transatlantic routes, would it go sub 150 before a signal that the transatlantic would open? That was answered today, and whilst some will argue it was Easy that pulled down the sector and IAG, the reality is there is a fundamental problem in the market.

"Don't mean to dampen the mood but markets not looking good today, could be a sell off."

And the gold medal for understatement of the day goes to -------- JG68 and it is only 8:30!

It is funny how I held on to Easy waiting for the switcheroo to IAG. So I can now take advantage of the issue, then be sitting on a very hot take-over prospect with a good probability of a very big profit, whilst that goes on IAG has to raise money, so after Easy J buy-out I will be able to do my switcheroo after all buying in very cheap with IAG just as the US finally opens up towards the end of November. The cruise with full-board and outside veranda cabin is back of folks!

Where one take-over bid fails, another follows. Keeping a 360 view, could Easy J have announced the rights with every expectation of pulling the sp down a good chunk making it a little more attractive? Boards always say any approach is underpriced but diluting and shoring up coffers will make Easy J more attractive.

SP in IAG is now doubly vulnerable for the simple reason that if Easy needs money with open skies in EU, what might IAG need with major restrictions transatlantic. Certainly the budget airline plan is not going to generate the required cash flow for sometime. I am going to estimate 90% probability IAG will raise money before the end of September. It is looking much like night follows day now.

The rights issue for Easy seems quite good with a35% discount, wonder what IAG offer will be and should I get some stock ready to take advantage.

I was right to suspect a take-over bid of Easy Jet. It has been revealed today there was one and rejected. Instead there is a rights issue. Not totally unexpected, there will be many around due to the sabotaged travel market this summer. IAG will almost certainly follow suite.

It is clear from the evenings posts that some of you don't bother reading the days posts. All your questions are answered in the days posts. Principally the Astra jab is not approved in the US and therefore any traveller from any place vaccinated with Astra may not enter the states - approved country or not. Only vaccines listed by the FDA are accepted. Astra is not for profit, the rest are. Astra is currently not being fast tracked because the license for use applied for is not for the emergency use list, it is for the full use and that takes much longer. It is why I am watching Astra news feeds and sp. The indication that the US is going to open up will be news and indications Astra is about to be given some sort of approval via the sp or RNS. The US is in a huge mess because of the mal administration of vaccine selection because of the huge profits to made out of the vaccine, Astra is a not for profit vaccine which has thrown the corrupt bung backhander political donation world upside down all over EU and US and far beyond.

The way out for the US is to recognise the WHO approved list, but that delegates a lot of power in the form of agenda and decision control which America does not do, despite the intense anti-Trump propaganda against America First. There might be certain routes to the US suddenly opening up based on a more extended testing regime [for face saving] to routes like JFK, LA, and most likely Vegas. The travel plan is a complete mess as quotes demonstrate and the Irish quotes confirm that the EU position is more to do with politics than health.

Easy and IAG, the end price separation is large enough to raise an eyebrow. Is the decoupling going to happen - was giving up on seeing that happen. Astra shares no sign of big news on US approval so US travel restrictions not changing for this week. EU to troll the Astra reputation again trying to start another negative campaign against it. will the yanks use that against Astra being put on the allowed list or will they see it for the EU sh.it stirring it is. Tin hats, EU winding up again Merkel's last gambit????

Back to the 70s monkey. Unions forcing business plan. Next they will be insisting there is one electrician per airport to turn each planes electrics on, shuttling around the gates on a bicycle, one engineer to unlock the controls, shuttling around the gates on a bicycle, one technician to start the engines, shuttling around the gates on a bicycle, and one group of safety executives to demonstrate the safety announcement, shuttling around the gates and triple tandem cycle.

Ahhhh... the good ol' days.

https://www.hospitalitynet.org/news/4106132.html

This article from a week or so ago explains where the big blockage is to the opening of the US routes, not having the Astra jab listed. Of interest is that individual states are recognising it though. There maybe a snowball effect leading to some sort of recognition of Astra thereby clearing one hurdle for a return to free travel. However, there is still the testing regime to get rid of. Too many people are making too much money out of the tests and other vaccines. It is turning into more of a scandal now.

SPs today seem to be taking on board news of what the travel regulation updates might be 1st October. I have already predicted somme positive uptick, but whilst the tests remain as they do now then there will be no return to free travel. The sabotage has worked and those in control have settled down with it. It is going to be hard to get the control button out of their grip.

Takayama or whatever said there are no flights, but apart from that everything is fine, lol.

. The only thing it lacks are flights!

errrrmmmm maybe I am wrong, but claiming that an airline is fundamentally sound, except for the missing flights, takes today's gold medal for the stupidest thing said, and it's only 9.30!

Oh, and Jbrie. You haven't clarified a statement made your your company spokesman when he claimed the H2 system was proven as safe as there was no fire when your demonstration aircraft crashed [!].

Doesn't the risk assessment, and condition of flight, state that the H2 tanks had to be purged and flushed with inert gas before landing? If that was the condition, did that mean the flight breached the flight rules based on your spokesman's statement which clearly implies the tanks were holding H2 when it crashed.

'real shareholders'? What the hell is that supposed to mean? Do you think that some people who hold shares in IAG should not be allowed to sell at a profit because they didn't sufficiently ramp the hell out of it or stroke and empathise with the rampers? How exactly will the trading sites determine who should and should not be entitled to sell at a profit? I can't wait for the answer.

But the tests remain! we must return to free travel for the sector to recover, if it is to be allowed to recover.

by the year 2035 the aim is for a 90 seater regional. Wow, am I supposed to be impressed. And bare in mind that is just a demonstrator.
Placed news items like this are sometimes codt effective in promotional terms
I've worked with few pkaces that did this kind of placement. As you have nothing to sell and only working to obtain government grants and gullible invrstor money then it is very easy to have prose of if buts and maybes. Turn the pages and there are a dozen more stories in a similar vain. It is the 'enthusic' being a little bit over the top that gives the game away. In print, even on tele, doesn't have the credibility it pnce had.
Keep pocketing the money and pretending your bosses pool is your own. Aspirational, that's good.

monkey, sounds like the state of aviation back end of the 70s. Half full planes flown on national vanity projects.

It is the testing regime, deliberately designed to suppress travel. Until it is acknowledged the testing does nothing in controlling anything other than pax numbers, this is a seriously depressed market. Next depression cop26. Possible multiple mergers post cop26, we have seen some significant adjustments so far, more to come. BA will be spun off to line IAG pockets. BA might thrive free as a bird [lol] not tied to EU. There are a hell of a lot of business breaking the apron strings with europe and putting not just a channel's worth of distance between them an europe. sp for a free BA? 145????

come on benji boy, I asked you to explain how putting your data in numerical order is of any possible use in showing the rate of change you claim your data shows. What's the derivative in respect of? It can't be time because you have removed the linear time line by swapping data into numerical order.

Explain it.