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a 6% net drop from highs of this morning just shows how volatile this share is.

At this stage there is ZERO clarity on possible PAX testing requirements moving forwards - I work at a fairly senior level within the sector and I can suggest that despite the sound bites from various so Government Ministers......the various airlines are just as much in the dark as most people are.

This is one of a multitude of reasons why 'some' airlines are revising PAX numbers over the summer period downwards.

Big-Blue......I can only assume from you ramblings that you have no experience or involvement whatsoever in (1) Airline Sector, (2) Technology.

I certainly don't pretend to know everything about the Airline sector......I do know quite a bit.

Over 20 years experience as a 'Management Consultant' in the Airline sector probably provides me with a far deeper insight into the challenges ahead for IAG. The environment has radically changed over the past 12 months and your belief that Business Travel may "Expand and every business will be full" suggests you have very little understanding of the changing dynamics.

Sundenza.......I appreciate you are optimistic, but the Government announcement is relatively meaningless - this is a global issue. IAG still has a significant weekly cash burn. Revenues are likely to well below projected targets this Summer.

IAG only trades on sentiment, fundamentals have gone out the window - and this is where reality sets in in terms of any sort of stable SP.

Good luck with your £2.50 target - I see this falling back into the £1.70's first.

Given the relative very limited outlook for travel this summer.......looks like reality is finally setting in.

I would not be surprised to see the SP heading back into the £1.70's.

Quite simple........it was overpriced. SP is just trading on sentiment, all fundamentals have gone out the window.

Reality will soon set in.

The SP is likely to see low £1.90's before it sees £2.50.

That's why you should never sell on a 'major sell off' day......nearly always the best time to buy in.

A.Smithy- the resident Airlines troll is the person who suggested back in Oct (when EZJ was in the very low £5 range that it would be sub £2 by December and a 'Strong Sell' on IAG when it was £1.06..............look happened since then. Both rose 100%.

I would not be surprised to see the SP in the £1.80 range by end of next week. The momentum which drove the sharp increase over the past few weeks has gone. It's going to be a month or so before any further significant news. I would expect the SP to drop in small increments each day for the next week or so.

All 3 (DOW, S&P, Nasdaq) are up at the moment.....hopefully will bode well for IAG SP this afternoon.

MP1......... "Most airline stocks down - why?"

Answer is very simple - when Airline SP's have had circa 8 days or so of continual rises - there will always be a few down days. Nothing to worry about.

If I recall correctly, the IAG SP has had 8 consecutive days of rises - I don't see this as sustainable. I have no doubt it will go higher by April, but I expect a circa 10% drop before then. Because of the sheer volumes being traded, when it drops - it has a tendency to drop quite fast. Good luck if you're holding, but like a few experienced people on here, I hope to get back in when it trades quite a bit lower.....mid 1.80's - 1.90 will be a good re-entry point for me.. I still day trade it but am careful - usually a quick in and out (I usually buy circa 20,000 - 40,000 shares at a time so can still make some profit). All depends on what the US markets are doing - as this usually drives the FTSE direction.

BigBlue - a lot sooner than you thought

Has been an incredible week across the whole travel sector - I've decided to cash in now (£6k profit in a week across WIZZ + IAG + EZJ). They may all rise more tomorrow, but I think they've all got a bit frothy in the past 4 days. Taking the profits and holding off for a while. The sentiment is still positive across the sector, but profit is profit and always good to bank some cash. I still think there will be an opportunity to perhaps buy in a bit lower over the next 2 weeks or so. GLA

Good to see the Airline SP's holding up well pre Monday announcement. I don't expect there to be any direct mention of any specific relaxation of 'Travel' rules- it will be more of an indirect reference and perhaps some guidance. As we all know, 'Summer' travel is critical to the sector. As many have previously pointed out - the IAG results on 26/02 will cause a temporary blip in SP, but that's all it will be. The announcement of a roadmap on Monday will drive how the IAG results on 26/02 are interpreted. GLA

Instead of posting constant negativity on a company you're not even invested in ....try play the swing game - you may even make some money like the rest of us.

Every airline bb has it's resident troll - EZY is no exception. They usually spout doom & gloom on down days but tend to have little to say on good days. I don't understand why such people (who are never invested) spend most of their day posting negativity - they obviously have little else to do! Good luck to all 'investors' here - there will be up days and there will be down days.

£2,400 profit in first 20 mins today - a very quick in/out. Happy enough with £2.4k PROFIT for today - out to enjoy the sunshine later. Will see how the SP is tomorrow. GLA

SP is holding up better than I expected so far - last 30 mins of trading today will be interesting.

Sold out 40,000 shares at £2.22 last week - looks like I made the right call. Not interested in the rights - would involve too much cash tied up in IAG.....will just day trade from next week. GLA to those who will hold into Monday.

For me - holding cash to day trade suits me.
I expect some big swings next week.