Member Info for big-blue

Oh that reminds me American cousin. Where were the arms in the infamous insurrection? You want everybody to believe a group of banner waving ordinary Joe's expected to march in to Congress with no leader, no structure, no plan, no arms and do exactly what? And as a point, the first port of call in a coup are the TV towers then he studios. Looked a lot more like a noisy crowd who found little resistance and a lot of open doors that shouldn't have been open wandering around corridors not knowing what they were actually doing inside the building. You people can believe what you want with almost all your TV feeding you a false narrative worthy of North Korean best of propaganda series!

get over yourself johnbri. If you want an echo chamber of people who only hold your opinion, go over ti ADVFN, open your own chat room anf wallow in the mud. Closed minds have been responsible fir all manner of horrors over the decades. At least I will consider what the other sude says.

thank you for your thoughts American cousin. I know a fair few of you over there want so much to believe you have mastered democracy. But when a couple of points are raised by outside observers that doesn't chime with your one state one party quasi communist new world, the insults begin and the nasty violent Democrat reveals its vile ugly head. Why are you so afraid of a formal investigation into vote rigging? Clear the air, prove Trump wrong. After all, you've got years and years and years of experience turning over every possible stone desperately trying to fibd anything ANYTHING! What ate you all afraid of?

marab, you're starting to make a fool of yourself now. Cargo planes do not put bums on seats, yet they make a very healthy profit. It is a function of price and load factor. But you have attempted to argue round that which is impossible to do. Now, you try to add a price in, but then make a bigger fool of yourself. If the service is better and more reliable, people may pay the extra. I fly a lot with budget carriers because it is a flying bus from a to b. I pay the low price for a basic service. If I want more service and better reliability on arrival time (and airport, lol) I will pay more, and then more for a seat for better rest..... some of us clearly have a far more advance understating of markets then you.

But how much were they paying for the seats? I used the prices to illustrate the point. 25%, 50% 70%, it is all meaningless without knowing the cost for the airline to operate the flight and what income the flight has generated, bearing in mind the hold can also hold post and freight!

Nobody is trying to break it down to a particular flight. If every seat is, on average, £1 a seat and, on average, 69% of the flight is full, you say it is loss making. If every seat is, on average, £1 a seat and , on average, 71% of the flight is full, you say it is past break even.
But what if every seat was £2? Would not the 70% on average b/e load factor change? Expressing a percentage in isolation is meaningless. If I say covid deaths have gone up 500% in the last week, it is a meaningless figure. As meaningless as all the climate change crap which is out of control this summer. 500% of 2 deaths, or 500% of 1000 deaths. There is a very big difference once the context is added.

Your 70% figure is both unreferenced and has no context and, as such, is completely meaningless.

Do my homework? Ha, if only you knew. So, if a 777 is 100% full and each seat went for a fiver, then everything is fine and BA is in profit for the flight. Is that correct? And if there is only 10 passengers, each paying ten grand per seat, then that is a stonking great loss? Are you absolutely sure your reliance on the % load factor is sound as an indicator of the b/e for any particular flight?

As for Easy J and the equivalence to other carriers, there are common practices and common variables irrespective of the airline. There are close proximities in business models, especially where BA is operating short haul, and not forgetting the other short haul components of the IAG portfolio. If Easy J has a reduced cash burn, it is most likely some of the terms that they made with suppliers and contractors will also occur with IAG. I doubt Easy J could negotiate a reduced landing fee or baggage handling fee or fuel fee or air traffic fee alone, whilst all other airlines have no reductions. If you can not interpret the Easy J reduced cash burn as a positive indication that the same may well be true for IAG then you may be exposing your agenda again. Numpty indeed!

NO NO NO. The b/e point is not fixed at 70%, that is *******s. The b/e depends on how much is charged for the seats. 1 seat can pay for the whole flight. 100% full and the flight could be at a significant loss. This the third time you have posted this nonsense about 70% capacity. The b/e for pandemic flights is almost certainly never being met. It is almost certain that no flight has covered it's own costs. That is what cash burn is all about. We also don't know what deal has been done over fuel. The fuel supplier must sell some to keep cash flow a least. Airlines will not be paying full whack for empty planes. The key is what is the daily cash burn against cash in the bank. That is the critical point indicating whether more money will have to be pumped in. Easy J gave encouraging info reducing cash burn, it is therefore likely IAG planes will also have a similar reduction. Whether that is to do with higher seat prices, lower fuel prices, lower airport charges, better use of government schemes or whatever. But just stop posting this 70% nonsense. That sounds much more like the % of flights they must operate at the moment to keep their slots.

Shoppers told there is no need to panic buy.

I'm, err..., just popping out for a few provisions, errmm, be back soon!

[grab every shopping bag you can find and get the car out!!!!]

"President Biden was planning to make an announcement imminently"
Yes, he was wasn't he!

If Trump was still in office, we would have an insight into the development of policy line by line. Now we are back to knowing nothing at all all of the time. I see the hole media dug for itself constantly attacking Trumps frequent disclosures is a deep one. Instead of nurturing those tweets to keep an open door into government in the US and indeed elsewhere, the ferocity of attacks on everything Trump tweeted means we are back to the 70s and 80s wrt to how much we know is going on behind the scenes. Another feather in the media cap.

oh no! Not the bull from the bulls here. Jeezzz, no, pleasr no....

It is interesting watching various media jurisdictions manipulating their political communities with sharply dividing narratives. Croatia alone where as neighbouring countries have very different ideas. The demarcation line? Language barrier between television transmitters.

Remember too that iis limit the extent of market movement to avoid run away sp movements these days, so if this is the recovery it will play out over a week to be back to the 200 with a number of profit taking moves. We're playing against the computers for this week.

I think most of the up tick sundezena is related to the covid passport app news about merging of UK and EU systems which is overdue. Also France starting scheme of access to venues dependant on covid passport. Many airlines and people around travel sector have said the vacc passport is the answer, been saying it from early spring. As the liberal die hards are kicked out of the argument and now countries are introducing and extending schemes, the probability of them being adopted further gets better, that improves sentiment.

HOWEVER, be very careful of the computers marching the sp up, and then u turning to take your money. Volatile unsure market, perfect smash and grab ground for the iis computers as recently demonstrated.

change will be a messy long drawn out screw up unless we have some global leadership such as from the WHO. The WHO is failing badly, G7 or G20 has not stepped up to the mark, so we are heading down river rudderless to be drawn into some rapids.

Some early retracing on the sp, but a long way to go bake up the dip. WARNING! Be very careful of iis pipping the price up which appears to look like the bottom has been reached. It can be marched down just as quickly and you can be panicked by yet another u turn somewhere and hand your money over to the fill up the pension funds.

istabrraq - September for all other tourists, consistent with the existing timetable estimated from the US opening up too. It is all to do with vaccination extent. EU has gone ahead to open up internally so it can thumb its nose at the UK as planned, and assisted from within the UK government. But EU is having some difficulty with the anti vax campaign and will probably end up back peddling. It may well turn about that UK will be vacc ready for the opening up of the American continent whilst the EU is told to wait a bit longer. Wow, if that happens there will be some boiling brains at the commission of seething madness hatred towards the UK. lol.

Why the political community couldn't have just been open and honest about the fact they want to have a industrialised world (1st world) vaccination threshold before opening up international travel? We could live with it instead of all this subterfuge and double dealing. The France manoeuvre was very much like the Portuguese sabotage. A demonstration that anything can happen therefore don't book anything. It has worked and Easy J have highlighted the impact today. Well, I'm sure there will be people feeling all smug and satisfied in those commission suites, sorry - offices, at seemingly taking a lead over the UK. Maybe a phone call or two to agent provocateurs in Whitehall expressing thanks and describing what the commission would like to see next.

But when the tourist resorts go out of business, poverty runs rife all round the Med coast, millions, yes millions find themselves out of jobs and the EU tourist industry suffers a major collapse because there are no high spending Brits and lockdown zones have to be reintroduced, I wonder whether the commission will be so smug then? They won't care though. They never care. Vanity is the name of the game no matter what has to be done.

Government doesn't have to release details on how it determines the countries on the various lists.

So, not just our media as blind as the North Korean media, so are our courts!

No wing of government except the most sensitive defence matters are off limits for public disclosure. This is a major up ending of English law wrt to open government. There has been a very serious error here. The green/amber/red list rules are not sensitive defence matters. This pandemic has allowed some very draconian changes to how our society operates.

Not sure I would agree about Boris over last year, but from spring onward this year he does seem to have lost his bottle and stopped leading. He is being buffeted about all over the place by lobby groups and this is being reflected in the sharp and sudden changes in policy. Moving to unlocking lockdown has been a terrible mess and likewise for travel. To some extent the travel is as much an overseas issue beyond his control but he could be making public calls for the WHO to take a lead. The WHO is mainly failing us for travel at the moment as they could have coordinated all the vacc passports by now as they should have done, and as I certainly expected them to do, back in spring. I support the move to jump feet first into the living with covid policy, you can see the lobby groups bouncing off the walls trying to hold on to what is now their comfortable space or rather comfort blankets. But there again Boris and the cabinet are easily manipulated. Too much vanity being concerned with what the news might say. Turn off the TV, turn off the radio, remove the papers form the morning briefing and just get on implementing what has to be done. Simples.

Cummings is number one in a queue of many who will be doing everything they can to cash in on the pandemic. He wishes to present the whole pandemic as a black and white, either or, simple solution issue. I know a lot of people at the outset expecting judgement day on will be chosen to live and who will be left to die. As it turned out the policy was chosen to try and protect everyone and has by and large been successful. Then we had the magic of a vaccination in such a short space of time.
Bear in mind, the kind of decisions that Cummings is trying to present as bad narratives happen all day everyday in every hospital. When the doctor sits on the end of the bed and discusses placing a DNR board above the ailing patients bed. I've been a party to the conversations. If we are going to turn on people who have to make the decision, we really will be in the ****. I think the wider public knows that kind of discussion was having to take place and it was best left with those people. There is no right or wrong answer, but Cummings wants his book deal so ramping up the nasty is his game plan. But still no book deal, maybe he has blown it by going so far over the top.