Member Info for coolebenji

https://www.bloomberg.com/news/articles/2021-09-15/if-you-haven-t-booked-holiday-travel-yet-you-re-already-late

wondering about the US opening:
this is a Bloomberg article on the US market, it is nothing that reflects directly in any way here, but proves pent up demand and sentiment...

"If You Haven’t Booked Holiday Travel Yet, You’re Already Late"
“All day long, we’re booking Caribbean and Mexico, Caribbean and Mexico,”
“The demand is huge,”

..this isn't for you BB, l have too much respect than that, but for anyone else who might be interested...

..how to think of analyst reports...
https://www.youtube.com/watch?v=hVHhZCeDDNc

..this isn't for you BB, l have too much respect than that, but for anyone else..

..how to think of analyst reports...
https://www.youtube.com/watch?v=hVHhZCeDDNc

Furlough, plenty of jobs in the air industry coming...

Ryanair to create 5,000 new jobs as it anticipates COVID-19 bounce back

https://www.standard.co.uk/business/ryanair-hiring-staff-easyjet-slots-b737-gamechanger-michael-o-leary-covid19-pandemic-upgrade-forecasts-agm-b955623.html

BB it is not happening, they haven't said a risk to the company...
..the fog in your mind needs clearing..
you need to see this how it actually is, l think you have seen the benefits for an RI to yourself but cannot see beyond that..

Shorters have to buy back at some point..

nowhere in credit suisse's note does it say IAG is at risk... you need to re-read it BB...

RI seems to be fake news…No credible evidence…

..the US’s problem is more about vaccine passport and civil liberty:

The use of vaccine/health passports for travel in the U.S. received two sources of support this week

Indeed, it has been reported that the White House is only considering reopening travel up to EU and U.K. travelers if people can show proof of vaccination.

https://www.forbes.com/sites/alexledsom/2021/09/15/us-travel-ban-are-vaccine-passports-the-reason-for-stalling/

FT: ministers wanted to restore confidence in travel and encourage businesses to bring back staff before the government’s furlough scheme winds up at the end of this month.

Sky news: White House plans 'new system' for international travel

Link to FT Story through this post:
https://twitter.com/PickardJE/status/1438203838255800323

it looks like the government is trying to boost flights before the end of the month with an announcement this week..

Vaccinated travellers entering England will be subjected to lighter testing requirements as the UK government seeks to boost the struggling travel industry ahead of state support ending this month.

ministers will announce later this week that people who have had two jabs will no longer need to take a Covid test before entering England, according to a government insider.

“Getting rid of the pre-departure test is critical,” one airline executive said.

https://www.ft.com/content/495b9e50-bf08-49d7-8bbf-2a5ba8cdba5d

What stands our for me:

"unnamed sources in London’s financial sector told the Financial Mail on Sunday."
errr.. excuse me who is that:
"Financial Mail, is a South African business publication focused on reaching the country's leading business people. This weekly publication, which was launched in 1959, underwent a major "look and feel" change in 2006, which saw it reclaim its position as the most widely read English business weekly in the country. Wikipedia"

"July 2020 it said it would raise EUR2.75 billion (USD3.2 billion) through a rights issue, a measure it later confirmed in September"
..umm, last year's news..

"In the second quarter of 2021, passenger revenue was down"
..2nd quarter June 30th, old news, international flight one began 6 weeks earlier May 17th..

"July 30, IAG CFO Steve Gunning said that the group was burning through"
...again old new, nothing current, l was counting aeroplanes and the growth rate reflected a progressive market...

"The second quarter was much better than previous"
..old news, but still
with operating cash flow significantly less negative due to strong forward bookings.

"Liquidity is also strong after better operating cash flow and several debt-raising initiatives this year."
..that is still from the 2nd quarter perspective

"ensuring that when demand returns, we are ready and able to capitalise"
..which they have done 2nd quarter perspective...

..wow trippy..
a lot of hood winking going on here...!

“Credit Suisse has been recognized by the Asset Triple A Awards and in 2005 Credit Suisse was ranked as the second best prime broker by Institutional Investor.”

“Central to their role, prime brokers allow hedge funds to borrow securities and increase their leverage, while also acting as an intermediary between hedge funds and counterparties such as pension funds and commercial banks. ...”

…when they say sell, they are buying…
who are they, what are their motives, credit Suisse, sharecast, proactive..!
Who pays the derampers, they have been selling fear, 150p, they haven”t known anything, what could they known 2nd quarter interim was June 30th, they have been making it up as they go along…

wow trippy…

..isn't funny how this hasn't been reported in any credible mainstream financial news publications...

..risk isn't a thing, there is only the perception of risk, used without an adjective so it is not quantifiable.. therefore risk is not a fact... the risk isn't that it will happen to IAG but: ?'reflects the risk to the shareholder'

"Credit Suisse analysts believe IAG has about four more years of cash-burn coverage and thus should not need to raise equity this year.'
the credit suisse has a perception about a statement 'IAG has about four more years of cash-burn coverage'...
it also has a perception 'thus should not need to raise equity this year' said like implies that it is a factual belief and not a true fact as he has excused himself with the word 'should'... IG uses the word belief and it could be that IG actually contacted credit suisse to qualify the report..

wow that has been trippy... l think it has all been in Big Blue's mind, and maybe he will wake up and find he is Bobby Ewing and it was all a dream...
https://www.youtube.com/watch?v=pafY6sZt0FE

Paul Charles
@PPaulCharles
Provides award-winning travel insight; CEO of travel consultants, The PC Agency; former Virgin Atlantic & Eurostar Director; and BBC News Presenter

The 24 countries that should be taken off #UKredlist: #Argentina #Bangladesh #Bolivia #Chile #Colombia #DomRepublic #Ecuador #Egypt #Eritrea #Ethiopia #Indonesia #Kenya #Lesotho #Malawi #Mozambique #Myanmar #Namibia #Oman #****stan #Paraguay #Peru #Rwanda #SouthAfrica #Uruguay

The Foreign Secretary is the one who should be putting pressure on the US to open up.. Raab sounds like he is on the move..

.. will we get a new Transport Secretary..

.. will we get a new Travel Secretary..