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Will be interesting to see just how far IAG SP will fall on Monday, I'm expecting a significant drop. Glad I didn't hold over the weekend. As for UK Government assistance across the airline sector, highly unlikely they will not assist with Loan funding to some degree as there are 100's of thousands of jobs across the sector along with all the other supply chain related jobs. I won't be surprised if there will be mass groundings across Europe announced next week for a period of time - will affect all carriers.

Was originally planning on buying in @ the £3.50 range. I held off buying in for the long term as news events over the past few days would suggest IAG has the potential to drop to the £2.50 range. (or lower). I'll just play it on a day by day basis. For those who think that there will be pent up demand and higher ticket prices once the worst is over may need to think again. Highly likely there will be a global recession, is so, these global macro events usually take at least 12 months or so before economies normalise. In the interim, I'll just continue to day trade.

IAG is still a great day trading share. May see a 5 minute bounce on Monday due to US markets increasing by 6% in last 30 mins of trading, never happened before. Reality will then set in and markets will continue a slow downward trend for the next few weeks. The reality is that nobody can second guess the real impact, only time will tell.. IAG, along with other airlines will continue a downward trend over the next few weeks. There will be casualties and a degree of consolidation. Hard to see Norwegian Air pulling through intact. They have been struggling on cash flow for the past 12 months or so.

IAG is still a great day trading share. May see a 5 minute bounce on Monday due to US markets increasing by 6% in last 30 mins of trading, never happened before. Reality will then set in and markets will continue a slow downward trend for the next few weeks. The reality is that nobody can second guess the real impact, only time will tell.. IAG, along with other airlines will continue a downward trend over the next few weeks. There will be casualties and a degree of consolidation. Hard to see Norwegian Air pulling through intact. They have been struggling on cash flow for the past 12 months or so.

Good business sense from BA today -(including other brands in the group) cutting back when required. Hard for staff impacted, but interim cuts protects the cash. No airline is immune to the current environment. Airlines will recover in due course, will take time and the strongest will survive.

Financial hit from the strike action was already baked in into the SP...so it's not going to be a shock. It's the 'shocks' that typically drive a SP down. Covid.19 is a total unknown at this stage, this is what the markets don't like. I would not be surprised if the airlines drop an additional 10% or so over the next 2 weeks. All it takes is for any particular airline to inform the markets of what they consider the revenue or profitability hit could be, unlikely to be good news. If not, just watch the particular airlines SP dive. I'm staying out of the airlines for a while until there is some sense of where the potential impact of Covid.19 is going.

I'd suggest as impact of Covid.19 is yet to be fully understood - there is a very high probability all airline share prices will continue heading south. Too many unknowns at this stage and the news realises over the past few days are not positive. Hard to see where a change in direction will come from. IAG results are due 28th Feb - but it doesn't matter how good they may be (as results are based on past performance). Longer term impact of Covid.19 is spooking the markets and on the balance of probability - I can see IAG along with other airlines SP's continuing to drop over the next week or so....or until better news comes out.

Airlines stand to lose $29.3bn (£23.7bn) of revenue this year due to the coronavirus outbreak......yes.....BUT.....if you read the actual analysis Doug, you'll see that the IATA analysis suggests circa $27bn of the potential hit to overall revenue (of the $29bn estimate) will be in the Asia market.

Attempting to predict a SP in 2/5 years time is futile. Macro economic factors are the key overall driver. The reality is nobody can predict the global economic conditions that far ahead. You also need to consider that an airlines SP may move + or - circa 40% in any 12 month period. Buying at the right price is key. I look at the recent trends..., IAG SP tends to reach a near low at end of August /early September. For example, I bought 30,000 IAG shares in early Sept 2019 for £4.60 and sold a few weeks ago for £6.70 (there was a primary reason why IAG SP dived from Feb 2019 to Sept 2019). A similar trend occurred in 2018 but the movement in SP was not as significant, but this is not to say the same will happen in 2020. Apart from my above buying strategy - I also buy upon 'Panic' news events (e.g. the US taking out an Iranian General not so long ago, Attacks on oil refinerys in the middle east, breaking news on Corona virus a few weeks ago.....all these news events tend to drive a immediate 'Panic selling' event on Airline shares. That's when I buy. I also never buy when IAG announce their results - trends have shown that IAG SP tends to reach a yearly high around this time and then drop away over the next 6 months or so. All depends on what your goal is - if it is to buy and hold for at least 2 years - then good for you. I've been in IAG for a number of years - with different approaches, a mixture of buying and holding for a few months, along with an element of short term (day, 2 days, week). This approach has worked well for me. My approach makes me circa in excess of £100K profit per year on IAG (well, it has done for the past few years). We will all have a different approach. Good lick with what your investment strategy will be.

RYA taking the sector down....Rising fuel and costs combined with reduced fares doesn't make good reading. The ole RYA excuse of overcapacity - it's RYA who have overcapacity and filling seats via reduced fares is not a good model and it shows in their outlook. Time to stop blaming Brexit.

I can see no reason why the SP will not continue heading North. Reported Financials & core fundamentals are so strong across the group. The MSCI issue was the initial trigger resulting in the significant dive in SP over the past 2 months. Potential strike action is a short-term concern, and only time will tell how this may impact the SP in the short-term. Next set of published figures in May will ultimately determine the direction of SP, If guidance is positive, then I can see the SP heading to £6.50+ by end of May (assuming no strike action).

I see IAG as a long-term investment and will continue to pick up as many shares as I can at these prices.

RYA performing like a donkey today - unlike Mikey's Grand National Winner (yet again)

Mind you - he did put his hand in his pocket (companies pocket) to buy everyone 2 drinks on the return flight home from Liverpool. It's the only time you'll ever get anything free from RYA.

Would be nice to keep it this way!. Looking at the RYA bb, it's turning into a DIY bb.

At this price - I keep on adding.
No real logic to the dramatic SP fall over the past 6 weeks or so.

Flat earnings forecast for most airlines over the next year or so, combine this with projected slowdown in global growth.

Happy to keep on buying for the long term. Hopefully will be worth a bit more in 5 or so years time.

If you factor in that RYA is priced in Euros + then add the Stg appreciation % movement relative to the euro over the past few months, and then add in the EZJ divi, you find that it's actually EZJ who have outperformed RYA in terms of return on investment.

I'm quite happy to keep on picking up my EZY £2.5K divi every year.....what would I get from RYA....NOTHING

Haven't checked the SP's since mid Jan - Picked up 5,000 shares @ £4.60 back in Jan....nice surprise this morning to see them @ £5.70+ Plan to take my £5k + profit on Monday.

MSCI issue has resulted in great opportunity to top up my holdings.
Topped up my holding by another 10,000 shares at sub £6 on Wednesday.

Good results - as expected. Would have been interesting to see where the SP could have landed on results day if the MSCI issue had not presented itself.

Happy to hold & wait for the inevitable SP increase over the next 4 to 6 months. Decent divi to be picked up on my holdings.

Trend - was away today so didn't check my trades.

Looks like my 'Metro' investment has paid off......bought £20k worth yesterday at close of business @ £13.55, looks like they've gone up to £14.80 in this evenings auction......very decent return so far. Will keep & see how they are doing by Friday afternoon (tomorrow).

Trend - Re: what's my view on Metro Bank?

Picked up £20k worth at close of business today. Think it's worth a punt over the next week or so.
I understand the reason for the panic selling - but usually these big drops recover a bit over the following 5 days or so. Sophos + Halfords + ASOS all worked for me. Circa £4k up on Sophos, made £21k on ASOS, & circa £4k up on Halfords....plus I've made circa £9k this week alone on EZY & trading IAG....it's been a good few weeks for me so risking a punt on Metro.

They know just as much as we do.....it's all guess work anyway.

Good week for the airlines....I'm up £4.5k on EZJ on this week alone plus another £4.4k profit made & taken on trading IAG......I make more money than Flybe does :)