Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
If you brought in earlier in week, the dividend is close to 10% gross
HSBC , come on your having a laught and talking down the SP for your own benefits. Why not leave the room and close the door on the way out.
BA figuers make HSBC look like the dog of a share it is and its still under investigation for illicit practices
And WIZZ as exercised its option on the 50 Airbus planes they had in place. Looking good for future .
Wizz Air has indicated ambitions to fly longer routes with a move to add 20 new Airbus extended range aircraft to its fleet.
The Hungarian budget carrier is to exercise a part of its existing options for the purchase of Airbus A321XLRs through a 50 aircraft deal by shareholder Indigo Partners with the European manufacturer.
The present order will be delivered over the course of three years starting in 2023.
The A321XLR variant will carry 239 seats, the same as the A321neo to ensure full fleet commonality with Wizz Air’s existing fleet.
The XLR aircraft can also be utilised on Wizz Air’s existing network with the same efficiency, according to the carrier
As you say Veteran 10, its a letter of intent.
Currently the only firm orders placed by IAG is for Airbus and they have Airbus on lease to Level , there low cost carrier. Even the Iberian arm Vueling of IAG only flys Airbus and 100 of those Flying Coffins 737 MAX if ordered wont be delivered till 2024.
IAG know they can lease Airbuses relatively easily , 65% passsengers and 90% pilots will not be flying in any 737 MAX if its put back into service, that is a problem Boeing cant get over easliy.
TUI have a claim for $200 million in place on Boeing already
G65.
That is ware you assume again. On May 7th I looked at our exposure Travel and Tourism in the Portfolio and took the decision to sell DTG on May 8th.
Aviation is sector that as long term benefits, but for those to work really well, it my opinion more company will struggle, and with the likes of EZJ RYA having the biggest share in Europe and EZJ opting to enter the Market with a travle agency style company, the market will be more crowded.
DTG need to expand the portfolio and enter the cruise market in a big way IMO, hence the reason for scaling back the portfolio of travel and tourism
Regards
iag only said they would consider buying planes from Boieng, they never placed any order and just said about buying in the future. Only order placed are with AIRBUS
18 June 2019
AIRBUS A321XLR FOR AER LINGUS AND IBERIA
International Airlines Group (IAG) is ordering eight Airbus A321XLR aircraft for Iberia and six for Aer Lingus, plus 14 options. The airlines will be among the launch customers for the extra long-range narrowbody aircraft with their first deliveries scheduled for 2023.
The A321XLR will be used to expand both Aer Lingus and Iberia's existing longhaul fleets. Each aircraft will be fitted with Economy and Business cabins including full flat seats. They will also feature the same gate-to-gate inflight entertainment, internet connectivity and ambient lighting as new generation longhaul aircraft.
These aircraft will enable Aer Lingus to launch new routes beyond the US East Coast and Canada. The airline is already taking eight A321neo LR on lease with the first delivery scheduled for this summer.
For Iberia, this is a new aircraft type that will enable it to operate new transatlantic destinations and increase frequencies in key markets.
Willie Walsh, IAG chief executive, said: "The A321XLR has the same unit cost as a widebody longhaul aircraft which will enable profitable network expansion. This will strengthen both Dublin and Madrid hubs providing new transatlantic routes and additional flexibility for connecting passengers. These aircraft will also bring further cost efficiencies and environmental benefits.
Veteran. Bad news for Boieng, as IAG BA did not place any firm orders for planes they only said they intended to order in the future.
They did actually place orders with AIRBUS for aircraft .
18 June 2019
AIRBUS A321XLR FOR AER LINGUS AND IBERIA
International Airlines Group (IAG) is ordering eight Airbus A321XLR aircraft for Iberia and six for Aer Lingus, plus 14 options. The airlines will be among the launch customers for the extra long-range narrowbody aircraft with their first deliveries scheduled for 2023.
The A321XLR will be used to expand both Aer Lingus and Iberia's existing longhaul fleets. Each aircraft will be fitted with Economy and Business cabins including full flat seats. They will also feature the same gate-to-gate inflight entertainment, internet connectivity and ambient lighting as new generation longhaul aircraft.
These aircraft will enable Aer Lingus to launch new routes beyond the US East Coast and Canada. The airline is already taking eight A321neo LR on lease with the first delivery scheduled for this summer.
For Iberia, this is a new aircraft type that will enable it to operate new transatlantic destinations and increase frequencies in key markets.
Willie Walsh, IAG chief executive, said: "The A321XLR has the same unit cost as a widebody longhaul aircraft which will enable profitable network expansion. This will strengthen both Dublin and Madrid hubs providing new transatlantic routes and additional flexibility for connecting passengers. These aircraft will also bring further cost efficiencies and environmental benefits.
Unite represents 38 passenger service agents employed by Stobart Aviation Services Limited, which has the easyJet contract at the Essex airport.
The union said workers were being asked to vote on whether they wish to strike over the company’s refusal to pay wages in line with similar companies at Stansted; refusal to recognise Unite as a trade union for collective bargaining purposes; and a breakdown in industrial relations. The ballot closes on July 2.
Unite regional officer Mark Barter said union officials were meeting representatives from Stobart on Thursday, June 20, with the hope of resolving the dispute without industrial action.
But he warned there was potential for large-scale disruption if no agreement was reached.
He described employees as feeling undervalued and said they were ‘paid dismally’, resulting in a high turnover of staff.
Barter said: “If our members working on the easyJet contract vote to strike, this will cause severe disruption for the airline’s passengers trying to check-in for their summer holidays.
“A major bone of contention is that, while workers employed by other companies at Stansted are being paid up to 20% more for doing the same job, our Stobart members work unpaid overtime, experience staffing issues and lack of basics, such as drinking water during their long shifts.”
Staff were transferred across from Menzies to Stobart a year ago. The union claims that despite a recognition agreement that should have been carried over, Unite has been blanked when it comes to union recognition.
Gerry your full of BS like Warwick Brady and the Stobart ,Cyrus scammers.
As for my littlle loss on Flybe, its as never been my concern, my only issue is you will make excuses for illegal corrupt practices .
Not interested in Brady buisness plan , once a crook always a crook that wont change.
Bye the way, when you have read the purest form of bribery, then you will know more
Gerry65 , still you are clueless, and as for flybe, that is a pending matter.
Stobart are a sack of crap and now deeply indebt to Cyrus and Branson, with Brady playing its shareholders for all he can get.
EZJ will seek compensation from Stobart Avaition Services, and it will be paid END OF..
Grow out of the short pants Gerry65 and face upto the fact stobart are a ponzi scheme
Unite represents 38 passenger service agents employed by Stobart Aviation Services Ltd, which has the easyJet contract at the Essex airport.
The union’s regional officer, Mark Barter, said: “While workers employed by other companies at Stansted are being paid up to 20 per cent more for doing the same job, our Stobart members work unpaid overtime, experience staffing issues and lack of basics, such as drinking water, during their long shifts.
“It is no wonder there is a massive turnover of staff at Stobart Aviation Services, as they feel undervalued and are paid dismally.
http://otp.investis.com/clients/uk/easyjet1/rns/regulatory-story.aspx?cid=2&newsid=1242030
easyJet PLC
Update on EU ownership
On 7 February 2019, easyJet PLC (the "Company") announced details of the contingency plan that it will activate, if required, to ensure continued compliance with EU ownership and control requirements in a "no deal" Brexit scenario.
Following this, on 13 March 2019, new EU regulations were adopted, which will give airlines 6 months to comply with applicable EU ownership and control requirements following a "no deal" Brexit, provided that an airline submits an acceptable remedial plan.
Since then, our EU (excluding UK) ownership (Note 1) has increased to 49.92%, however, this is still below the 50% plus 1 share that will ultimately be required following Brexit.
Accordingly, the Board continues to stand ready to activate the contingency plan of suspending shareholders' voting rights in respect of a small number of shares on a last in first out basis, in accordance with existing provisions of our Articles of Association. For the period of any such suspension, the relevant shareholders would not be permitted to attend, speak or vote at shareholder meetings in respect of the shares subject to the suspension. Further information regarding the possible suspension of voting rights can be found on easyJet's website at: http://corporate.easyjet.com/investors/shareholder-services/eu-share-ownership
In due course, and to help facilitate the contingency plan (if required), the Company expects that it will set a permitted maximum of non-EU ownership in accordance with the existing provisions of our Articles. To ensure there is some headroom for the Company to maintain compliance with the EU ownership and control requirements, the permitted maximum will likely be set such that the contingency plan would take effect if EU ownership remains or falls below 50.5% (and therefore non-EU ownership remains above 49.5%). Upon activating our contingency plan (if required), the suspension of shareholders' voting rights would apply to non-EU shareholders, on a last in first out basis, to the extent required to maintain compliance with the EU ownership and control requirements, and to all shares subsequently acquired by non-EU (including UK) nationals. The suspension would apply, to the extent required, until EU (excluding UK) ownership reaches the 50.5% level or above.
Its comming
American Aairlines have now said they wont fly any of there 737 Max Flying Coffins until the next review by the AA board on September 8th.
Airbus order book is already full for next 4 years, Boeing problem is not Just the 737 MAX COFFIN, its also now Pilots saying they wont fly them even if they come back in Service
On the Beach blasted for ‘shady’ marketing tactics
On the Beach has been lambasted for “shady” and “provocative” marketing tactics that name and undermine its competitors to boost its ranking in search results.
The OTA has created pages on its website directly comparing itself to brands including Olympic Holidays, Tui and First Choice.
It says “when you compare On the Beach to Olympic Holidays, there’s really no competition”, going on to add “and here’s the important bit – On the Beach is often cheaper”.
Olympic Holidays said some content posted by On the Beach was incorrect, such as listing Madeira as part of the Azores. Head of marketing Carl Catterall said: “We work hard, play fair and would expect the same of our competitors.”
On its Tui page, On the Beach says “just like Tui, everything we do is centred on you”, adding “you’ll find these holidays at cheaper prices”.
Aito director Noel Josephides said On the Beach’s tactic breaches an “unwritten rule” that fellow operators don’t criticise each other. He added: “All this does is create a price war, which is the last thing we want in the industry.”
Gemma Antrobus, chairman of Aito Specialist Travel Agents, said the tactics were “shady” but it was “understandable” that On the Beach would employ them to differentiate. “Naming competitors is not how it’s normally done, but someone was going to do it in this price-driven market,” she said.
Charlotte Lamp Davies, of travel marketing consultancy A Bright Approach, said the “provocative” tactic was being used to improve On the Beach’s web traffic from searches of its competitors’ names. She said: “It’s not what you’d expect the big boys to do, but within their rights.”
The Advertising Standards Authority’s code permits comparative advertising but it “must not discredit or denigrate another product”. It says comparisons must objectively compare one or more features, which may include price.
On the Beach said it regularly checks the pages, uploaded in March, “to ensure they provide like-for-like or better value than competitors”. A spokesman added: “These pages are designed to showcase some of the great hotels on offer that are often available at a lower price than through some other holiday retailers.
http://www.travelweekly.co.uk/articles/333766/on-the-beach-blasted-for-shady-marketing-tactics
The Duchess of Cornwall will act as godmother to new Saga Cruises’ ship Spirit of Discovery.
The naming ceremony will take place in Dover on July 5 – the first cruise ship to be named at the port for more than a decade.
http://www.travelweekly.co.uk/articles/333798/duchess-of-cornwall-to-be-godmother-of-new-saga-cruises-ship
The Duchess and Saga share a common link in their support for The Silver Line, a charity founded by TV presenter Dame Esther Rantzen following the death of her husband.
She is the patron of the charity and The Silver Line is Saga’s first national charity partner.
Saga Group chief executive Lance Batchelor said: “I am delighted that The Duchess of Cornwall has agreed to be godmother of the Spirit of Discovery.
“The launch of our new ship is a key moment in both the history and future of Saga.
“Carrying fewer than 1,000 passengers, she is a boutique ship that offers our customers and members the highest standards of accommodation, furnishings, cuisine and entertainment.”
Sophie Andrews, chief executive of The Silver Line, added: “Our team is absolutely delighted to see this coming together of our patron and our charity partner, Saga.
“The Silver Line helpline receives more than 10,500 calls every week from vulnerable and isolated older people, many of whom have nowhere else to turn which demonstrates the depth of loneliness felt by huge numbers of the UK’s older population.”
Comments
Which fund managers, ? which ones hold over 3%.
Mr. Johan Lundgren purchased 40,000 shares @ £ 906.60 spending £181,000
Mr. Robert John Orr Barton purchansed 11,000 shares at the same price costing £ 99,264.00
Tells its own story, unless these are mugs and some spurios sharks on here want bargins
It will produce only 7.9% growth this year, more than any other industry and as much as you try to talk and walk it down, its carrying record numbers world wide.
Earnings per seat is down slighlty on a year ago @$6.22 from $6.85.
Profit is a profit, but the losers are the likes of Thomas Cook, Virgin who will record record losses again
IMM June /July 2018 the results of the Lupus drug trial showed up some benefits to "Chronic Inflammatory Demyelinating Polyneuropathy"
https://www.gbs-cidp.org/cidp/all-about-cidp/
Its an area of Autoimmune disease that as little treatment options, its my understanding it can not be cured, but relived .