Even if the EU opens up for holidays, news of 4 hour queues at Heathrow Airport is putting people off. BA losing millions every day, so the share price will reflect that, so this should drift lower till it hits 100p.
IAG will continue to struggle badly. BA flights are way too expensive. And people going on holiday will fly easyJet, wizzair, Ryanair etc as a preference to BA.
With 16 billion pounds worth of debt, and the company valued at 9 billion, there is no chance for a share price recovery, only another RI. But I will buy at 29p.
Merkel has made sure Brits do not go on holiday at the mo. Spanish masters in Madrid will be happy to see BA go bankrupt, then they can wash their hands of it. Rights Issue coming and back to a penny share at 99p.