RE: When should I buy?10 Jan 2021 08:44
Good post Robbie, travel recovery this year is all about the vaccine. We need to get it out to the masses and that will take time. Travel will recover but in my opinion and many others going to take a few years before getting back to pre covid levels. There is massive pent up demand, people want to get away so growth first in leisure with Business travel taking longer. IAG in my opinion are primed to fo very well, a trimmer airline, less costs, new more efficient aircraft, buying Air Europa for a steal and setting up Aer Lingus UK to operate LH routes ex Manchester. I think IAG will do very very well. They have plenty of cash to survive this, alot of remaining staff on furlough and the aircraft that are flying majority bringing in money for IAG Cargo. Buy now and hold long term 3-5 years+, you will most certainly double your money and possibly more. GL All!!