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When sundunce makes an appearance, the share falls, regular as clockwork.
Sundunce doesn't know how iag will refinance, she look at an aeroplane app and thinks its all rosy. lol.
Flights upon flights being cancelled. Ppl throwing in the towel of the Holiday hassle.
Iag will melt.
Tick tock.....bang.
IAG has raised more than €7billion during the pandemic including through BA's £2billion Export Finance loan and an €825million convertible bond. It had €10.8billion of liquidity at the end of July but is burning through €270million per week, up from €190million earlier this year
sundezena
Posts: 1,451
Price: 140.22
No Opinion
RE: The GameToday 09:08
Fugassin, the day is not over yet!!Guess you don't even know what time the market closes at!!!!I reckon you will be in for a surprise in Jan when Omicron will be subsiding and countries will open up fully and testing will be dropped. You will see and you will learn! DYOR
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Lolololololololol
sundezena
Posts: 1,451
Price: 143.04
No Opinion
RE: The GameToday 08:10
we should see a bounce today. Good number of flights on ba.com.FTSE has to catch up with other markets. It will sooner or later. DYOR.
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Lololololololololololol
I think you're bitter and blame others for your poor decisions.
So glemhorse, show me, and everyone else a post where I said I lost on Thomas Cook, any proof at all??
Look forward to this....were are all waiting, the floor is yours.
Still life in the santa rally.
Glenhorse is fragile due to his earth landing with Thomas Cook loss. As Ryanair has warned of serious reduced capacity, this makes other airline stocks vulnerable. Fastest finger, unlike glenhorse and his TCG. What a plonker.
Ryanair doubling up on profit warning.
Ryanair warns of €450m losses as Omicron sparks tighter travel curbs
Airline to cut capacity by 33% in January as flight bookings slide due to Covid uncertainty.
Ryanair will cut scheduled flights next month as European governments tighten travel bans to slow the spread of Covid’s Omicron strain.
The Irish giant warned that losses could hit €450 million at the end of its financial year following a slide in flight bookings in the face of renewed Covid travel curbs.
“This sudden downturn has also caused Ryanair this week to cut its planned January schedule capacity by 33 per cent,” the airline said.
The FTSE 100 group would rattle to the end of its liquidity runway in just over 40 weeks if it was not generating more cash.
IAG’s net debt also towered at €12.4bn at the end of the quarter, up 27% over the period.
The UK has talked itself into a lockdown. It's happening already, without further Government intervenion, by people listening to scare tactics.
If the hospitality sector is now on in't knees, there is no chance in hell the travel sector will take off any time soon.
mararab, 110p may be looking overly priced in due course.
There is now way IAG can turn a profit to service the massive debt. SH will be called into action.
It's just a matter of time. $265m weekly cash burn. Approx 20 weeks back IAG has enough cash to keep afloat for 40 to 42 weeks with reduced service.
It's going to be interesting.