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Flying Wednesday morning from Gatwick after my original flight was cancelled (was not happy) I'm praying I'm not on another cancelled flight!!

Anyhow what was interesting is that I received an email today to say no food and drink will be served on our flight so bring your own.

They make excellent margins on the food so hoping it's because they are so busy suppliers can't keep up with demand. Wishful thinking? Maybe...

The gap in numbers between this summer and pre pandemic is very close. People are flying and there is income going through the doors.

We should now start to see the recovery but it will be slow with inflation concerns, oil price and calls on a recession

For me IAG will need to not only start making great profits again but then have to start paying off debt and or buy back some of these shares.

In all the next 2-3 years this should be a great little earner and even better when the dividends are paying.

Best here to buy what you can and forget about the noise. If you check again in a few years I'm sure you will be pleasantly suprised (I hope)

This is great news. Look at the earlier figures I posted and Jan Feb March were a write off. This means from now we must be 90% pre pandemic.

That's with all these cancellations!

Monthly numbers really jumping too. Be interesting to see what May numbers are for Heathrow:

January 2022 2,598,556
February 2022 2,863,496
March 2022 4,196,656
April 2022 5,081,426

Compared too;
January 2019 5,927,543
February 2019 5,482,288
March 2019 6,527,489
April 2019 6,798,212

Can we reach 6m ? Possibility in my opinion.

Many colleagues I know who are flying in and out of Heathrow have said they have never seen the airport so busy..
Time will tell whether that is based on passenger numbers or the airports not being organised enough...

People are back flying as most of us knew we would. Won't take long now before recovery starts to reflect in the SP

Plummet? Oh man.

So the dividends was updated to everyone in the 3rd May update:

· Restrictions on payment of dividends will continue to apply until CLBILS facilities and the £11.25 million term loan are fully repaid (expected 31 January 2024), and the Leverage ratio being 1.5x or less.

It was already known about. During the update the CLBILS was 20m gbp.
It's no new news....

Got an email 5hrs ago to say they cancelled my flight. Fecking nightmare, had to change car hire, parking and hotels. They didn't give two ****s.
Normally I wouldn't care because that's what you get from the cheapest but I'm finding more and more they are the most expensive compared to the other budget airlines.

I have three flights booked this year with them but started to look at other options as I hate all their pricing structures now with everything costing money.

Amazon reported: Net loss was $3.8 billion in the first quarter, or $7.56 per diluted share, compared with net income of $8.1 billion, or $15.79 per diluted share, in first quarter 2021. First quarter 2022 net loss includes a pre-tax valuation loss of $7.6 billion included in non-operating expense from our common stock investment in Rivian Automotive, Inc.

More of this over the next 12 months! Finished very strong.

All eyes on the results and closing of shorts. A few more catalysts to get this motoring back to where it should be

LtH here. No profit taking from me. Going to watch this climb to well over 1.00 and collect divi's from 2024....

Easy money

The price is not rising above 150p because there is still an element of uncertainty in that a deal may not be agreed. Once we have an RNS and it confirms a price has been accepted it will shoot to that price. Whether that's 170p or 200p+

If the RNs says best price was 160p and the board turned it down we could be set for a larges fall. Hence we are stuck in this range until further clarification. Don't forget market hates uncertainty and therefore will be priced accordingly.

Caught me out too! Had money lined up to top up. I still did a small top up at 53p though. Just a shame I sat on the side lines too long.

Sorry. What am I missing here. I don't see any large purchases.

So then. Will it be dilution to pay off debt and invest in the business going forward to accommodate for cost pressures due to inflation or will it be debt paid off and reinstate divi's coming soon?

The business was a cash cow prior to COVID and can't see much changing. I forsee debt in line and no dilution needed. I also see potential to reinstate statement of divi's and or possibly buy back in next 24 months.

Number of directors purchased higher than these levels and consider them in the know. £1 hit by Xmas. GLA.... Still debating to add more before results

It's not just people stopping streaming. They may have moved services. I cancelled Netflix as I got bored of it and moved to another platform. There are so many out there competing nowadays whereas before Netflix was your default.

Having said that I do agree many people may have left altogether now we are allowed out and about.

Look at that spread. Terrible. Not only that but have u noticed the sells are in single digits. Others look like buys.

I thinks that's low and may risk being rejected. The equity in the business (ignoring the cash) is 135gbp million with very low debt.

Thats not much extra for future earnings, the name and infrastructure thats in place.

I tried to Google the article but couldn't find it. Be interested to see how they got to that number

Heathrow CEO John Holland-Kaye said:



"It is fantastic to see the airport coming back to life after two years, and I want to thank all Team Heathrow colleagues for working together to serve our passengers. Everyone at Heathrow is doing everything we can to make sure passengers get on their way as smoothly and safely as possible."

§ Following a very weak January and February, passenger numbers in March were the highest since the start of the pandemic, following the Government's removal of all travel restrictions, making the UK the first country in the world to do so. This demand is being driven by outbound leisure at weekends and during school holidays, as Brits make the most of the freedom to travel and cash in vouchers from trips cancelled during COVID. Inbound leisure and business travel remains weak due to high COVID levels in the UK and the requirement to test before returning home

Looks like a late rally may be on??