RE: Over valued.13 Mar 2021 11:20
There is massive pent up demand, I think this will fly if the Govt announces pressing ahead with opening up travel next month. Yes IAG have taken on debt, but they have also got through a lot of structural changes in its workforce which before the pandemic, it had been trying to do for years. I personally believe with a new trimmer airline, more fuel efficient planes, Air Euopa acquired and some of the competition taken out of the market, IAG will do very well. I don't think personally we will see £4 this year, but I'm certainly confident for £3 year end, assuming covid gets under control, frontiers open up and people are back flying. Once the US opens up, things will become alot more positive. Remaining a longterm hold for me, GL All!!