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Al Jazeera website:

Lapid (Israeli opposition party) demands Gaza truce, deal on captives ‘before they all die’

The Israeli opposition leader has renewed his call for an agreement for a Gaza truce and the release of captives in the enclave.

“Enough with the briefings, enough with the tweets, enough with the rhymes in front of cameras,” he wrote on X.

“All of Netanyahu’s attempts to sabotage the negotiations should stop. Deal now, before they all die,” Lapid added.

Sorry, but US and Israel are playing games. Note the 'new' proposal - not the original one presented months ago which was agreed to by Palestinians. This one includes Israeli controlling the area between Egypt and Gaza, Israelis keeping troops in the Gaza and keeping total control of the road between North and South Gaza , and to be able to restart the war again later which they will do as soon as the hostages are released. If US wanted to stop this it can be done with 30mins after a call, just like a few of the past presidents did but instead US have authorized another $20B of arms to Israel. Watch Tantura on Youtube.

IAG do have just over £9 Billion cash in the bank.

I believe its a done deal. Vodafone and Hutchison already have had a nod from the Government. Regulators will not hold this up.

See article below + extract from it.

Full story: https://tinyurl.com/yvzmuv8u

"Sources told Reuters in April that the companies could commit on network investments as part of their approach to regulators.

Hutchison's senior leadership met British government officials in March to seek political support for the deal, the sources said. A few weeks later, the government confirmed its "openness to market consolidation".

South African doctor say Omicron symptom mild so far
https://www.bbc.co.uk/news/av/uk-59450988

South African doctor say Omicron symptom mild so far
https://www.bbc.co.uk/news/av/uk-59450988

Thu, 16th Sep 2021 07:00

RNS Number : 9264L
Ryanair Holdings PLC
16 September 2021

RYANAIR BOARD APPROVES ACCELERATED POST COVID GROWTH

NEW AIRCRAFT, NEW BASES & LOWER COSTS, SEES 5 YEAR TRAFFIC GROWTH JUMP 50% FROM 150M TO 225M GUESTS P.A.

Ryanair Holdings plc, today (Thurs, 16th Sept) holds its AGM at its Airside Offices in Dublin.

Based on proxy votes already received, Shareholders have approved all resolutions and will receive a detailed update on the Airline Group's post-Covid recovery plans over the next 5 years. Subject to no adverse Covid developments, and vaccinations remaining at 90%+ across Europe, Ryanair will take delivery of 210 B737 Gamechanger aircraft over the next 5 years. These aircraft will deliver industry lowest costs, reduced emissions, and will enable Ryanair accelerate its post-Covid growth, as opportunities open up at primary and secondary airports all over Europe, particularly where legacy carriers have failed or reduced fleet sizes as a result of Covid and State Aid.

Ryanair Group airlines now expect to deliver more rapid traffic growth over the next 5 years, and have raised their 5 year growth forecast from 33% to 50%. As a result, Ryanair's pre-Covid traffic of 149m is expected to grow to over 225m guests by March 2026, which is 25m passengers p.a. higher than the previous target of 200m.

Thu, 16th Sep 2021 07:00

RNS Number : 9264L
Ryanair Holdings PLC
16 September 2021

RYANAIR BOARD APPROVES ACCELERATED POST COVID GROWTH

NEW AIRCRAFT, NEW BASES & LOWER COSTS, SEES 5 YEAR TRAFFIC GROWTH JUMP 50% FROM 150M TO 225M GUESTS P.A.

Ryanair Holdings plc, today (Thurs, 16th Sept) holds its AGM at its Airside Offices in Dublin.

Based on proxy votes already received, Shareholders have approved all resolutions and will receive a detailed update on the Airline Group's post-Covid recovery plans over the next 5 years. Subject to no adverse Covid developments, and vaccinations remaining at 90%+ across Europe, Ryanair will take delivery of 210 B737 Gamechanger aircraft over the next 5 years. These aircraft will deliver industry lowest costs, reduced emissions, and will enable Ryanair accelerate its post-Covid growth, as opportunities open up at primary and secondary airports all over Europe, particularly where legacy carriers have failed or reduced fleet sizes as a result of Covid and State Aid.

Ryanair Group airlines now expect to deliver more rapid traffic growth over the next 5 years, and have raised their 5 year growth forecast from 33% to 50%. As a result, Ryanair's pre-Covid traffic of 149m is expected to grow to over 225m guests by March 2026, which is 25m passengers p.a. higher than the previous target of 200m.

Thu, 16th Sep 2021 07:00

RNS Number : 9264L
Ryanair Holdings PLC
16 September 2021

RYANAIR BOARD APPROVES ACCELERATED POST COVID GROWTH

NEW AIRCRAFT, NEW BASES & LOWER COSTS, SEES 5 YEAR TRAFFIC GROWTH JUMP 50% FROM 150M TO 225M GUESTS P.A.

Ryanair Holdings plc, today (Thurs, 16th Sept) holds its AGM at its Airside Offices in Dublin.

Based on proxy votes already received, Shareholders have approved all resolutions and will receive a detailed update on the Airline Group's post-Covid recovery plans over the next 5 years. Subject to no adverse Covid developments, and vaccinations remaining at 90%+ across Europe, Ryanair will take delivery of 210 B737 Gamechanger aircraft over the next 5 years. These aircraft will deliver industry lowest costs, reduced emissions, and will enable Ryanair accelerate its post-Covid growth, as opportunities open up at primary and secondary airports all over Europe, particularly where legacy carriers have failed or reduced fleet sizes as a result of Covid and State Aid.

Ryanair Group airlines now expect to deliver more rapid traffic growth over the next 5 years, and have raised their 5 year growth forecast from 33% to 50%. As a result, Ryanair's pre-Covid traffic of 149m is expected to grow to over 225m guests by March 2026, which is 25m passengers p.a. higher than the previous target of 200m.

Kevin Ong from IG writes (arcticle dated Today 15th Sep 21)

The latest market research shows that out of 29 analysts, 21 rated IAG shares ‘buy’, seven suggested ‘hold’, and one recommended ‘sell’. Their average 12-month target price stood at 230.53 pence per share, according to Bloomberg data.

Bullish research teams with ‘buy’ or ‘overweight’ calls included Barclays with a 230p target, Liberum with a 215p target, and Credit Suisse with a 256p target. HSBC suggested ‘buy’, but cut its target to 220p, from 240p.

Some research teams are seeing ‘attractive valuations’ for UK airline stocks, which had been volatile of late amid concerns of new travel curbs, Reuters reported.

Credit Suisse analysts believe IAG has about four more years of cash-burn coverage and thus should not need to raise equity this year.

Here is the link

hxxps://www.ig.com/uk/news-and-trade-ideas/why-are-iag-shares-falling--210915

Here is the article in full

IG Kevin Ong, Financial writer , Singapore |
Wednesday 15 September 2021 08:53
• IAG share price closed 4% lower on Tuesday (14 September 2021)
• Shares fell another 1.6% on Wednesday morning to 140 pence
• The airline’s stock has been steadily declining since the European Union proposed to reimpose travel restrictions on the US
• Despite this, 21 out of 29 analysts polled continue to rate IAG a ‘buy’
• Feeling bullish or bearish about IAG shares? Open an account with us to go long or short on the stock.

IAG stock price drops 8% in one week

Shares of International Consolidated Airlines Group (IAG) fell another 4% to finish at 142.40 pence on Tuesday.

The Anglo-Spanish airline holding company - which owns carriers such as British Airways, Aer Lingus, and Iberia - has seen its stock decline 8.3% in the last five trading sessions.

The relentless downtrend has come amid an ongoing rout of travel stocks after European Union (EU) states said they would recommend reimposing travel restrictions on American tourists.

EU governments agreed to remove the US from their safe travel list, following a surge in new Covid-19 cases. Airlines and travel firms had been calling for a full reopening of lucrative transatlantic routes.

By comparison, fellow London-listed airline easyJet saw its share price plunge by over 12%, although that was also in part due to its rejection of a takeover bid by Hungarian discount carrier Wizz Air Holdings.

Why are analysts still bullish about IAG?
Overall, IAG shares remain in bearish territory, having lost over 13% of its market cap in the last one month alone.

The latest market research shows that out of 29 analysts, 21 rated IAG shares ‘buy’, seven suggested ‘hold’, and one recommended ‘sell’. Their average 12-month target price stood at 230.53 pence per share, according to Bloomberg data.
Bullish research teams with ‘buy’ or ‘overweight’ calls included Barclays with a 230p target, Liberum with a 215p target, and Credit Suisse with a 256p target. HSBC s

@Jordanswarne

Kevin Ong from IG writes (arcticle dated Today 15th Sep 21)

The latest market research shows that out of 29 analysts, 21 rated IAG shares ‘buy’, seven suggested ‘hold’, and one recommended ‘sell’. Their average 12-month target price stood at 230.53 pence per share, according to Bloomberg data.

Bullish research teams with ‘buy’ or ‘overweight’ calls included Barclays with a 230p target, Liberum with a 215p target, and Credit Suisse with a 256p target. HSBC suggested ‘buy’, but cut its target to 220p, from 240p.

Some research teams are seeing ‘attractive valuations’ for UK airline stocks, which had been volatile of late amid concerns of new travel curbs, Reuters reported.

Credit Suisse analysts believe IAG has about four more years of cash-burn coverage and thus should not need to raise equity this year.

Here is the link

https://www.ig.com/uk/news-and-trade-ideas/why-are-iag-shares-falling--210915

Here is the article in full

IG Kevin Ong, Financial writer , Singapore |
Wednesday 15 September 2021 08:53
• IAG share price closed 4% lower on Tuesday (14 September 2021)
• Shares fell another 1.6% on Wednesday morning to 140 pence
• The airline’s stock has been steadily declining since the European Union proposed to reimpose travel restrictions on the US
• Despite this, 21 out of 29 analysts polled continue to rate IAG a ‘buy’
• Feeling bullish or bearish about IAG shares? Open an account with us to go long or short on the stock.

IAG stock price drops 8% in one week

Shares of International Consolidated Airlines Group (IAG) fell another 4% to finish at 142.40 pence on Tuesday.

The Anglo-Spanish airline holding company - which owns carriers such as British Airways, Aer Lingus, and Iberia - has seen its stock decline 8.3% in the last five trading sessions.

The relentless downtrend has come amid an ongoing rout of travel stocks after European Union (EU) states said they would recommend reimposing travel restrictions on American tourists.

EU governments agreed to remove the US from their safe travel list, following a surge in new Covid-19 cases. Airlines and travel firms had been calling for a full reopening of lucrative transatlantic routes.

By comparison, fellow London-listed airline easyJet saw its share price plunge by over 12%, although that was also in part due to its rejection of a takeover bid by Hungarian discount carrier Wizz Air Holdings.

Why are analysts still bullish about IAG?
Overall, IAG shares remain in bearish territory, having lost over 13% of its market cap in the last one month alone.

The latest market research shows that out of 29 analysts, 21 rated IAG shares ‘buy’, seven suggested ‘hold’, and one recommended ‘sell’. Their average 12-month target price stood at 230.53 pence per share, according to Bloomberg data.
Bullish research teams with ‘buy’ or ‘overweight’ calls included Barclays with a 230p target, Liberum with a 215p target, and Credit Suisse with a 25

@Jordanswarne, where did you get that information from ?
They are definetly NOT empty of passengers . People who normally live in the UK are not able to fly into the USA but USA citizens can fly back and forth freely and they are.
In fact, right now its 17:40 uk time, on FLIGHTRADAR24 app, BA have 2 flights going to Los Angeles (BA 269 and BA 281), two flights to Boston (BA213 and BA215) , two flights to JFK (BA115 and BA173) , two flights to Chicago (BA 295 and BA 297) , two flights to Toronto (BA93 and BA 99) - all from Heathrow. Why on earth would they fly two flights per destination if the planes were going 'empty' as you stated ?
Download the app and take a look for yourself. I have been watching this for a while they

"Seems they burn at least £150m per week. With Furlong ending that figure needs adjustment. However the biggest worry is debt which exceeds £10bn."

They have 4 airlines, flights have increased , including BA flihts to the USA. They have 10.2 Billion liquidity. They have many times more planes flying so many staff already off the gov scheme. If their revenue+profits go up then cash burn will be offset by revenue. They can easily use the 7.2 billion CASH they have to reduce debt as the business TAKES OFF.

Burn rate from the IAG Management Report - see RNS

"· Loss after tax and exceptional items for the half year €2,048 million (2020 restated: loss €3,813 million) and loss after tax before exceptional items: €2,169 million (2020 restated: loss €1,972 million)"

so it was 2billion first half of 2021 but then the flight numbers were low. Now the flights the number of flights have gone up muliple times (BA has almost trebled ) .
Altogether I would think IAG now has close to 2000+ flights per day. You can easily check this yourself. IAG owns 4 airlines BA, Iberia , Vueling and Aer Lingus.
For BA - go to Heathrow Departures and count how many flights they have then mutiple by 2 because they have return flights from the destination back to London.
For Iberia - see Madrid Departures
For Vueling - see Barcelona
For Aer Lingus - see Dublin.

Also you can down load the FLIGHTRADAR24 and see how many plane each on has flying.

Here is the extract from that report . Their 'OUTPERFORM' rating and 195p target price includes the possibility an RI that they THINK may or may not happen.
Unless IAG have mislaid (lost) their 10.2 Bilion cash within the past month or so OR they are thinking of buying another airline then the facts do not support RI. See report extract below.

"WE THINK it is GETTING INCREASINGLY LIKELY IAG looks to raise equity, and while WE DO NOT CHANGE OUR FORECASTS in this note (which are each €0.5bn below Bloomberg consensus EBIT in 2021-2022E), WE REFLECT THE RISK OF SHAREHOLDER DILUTION IN OUT TARGET PRICE " (195p) .

From the AIG management report in July 2021

· Cash of €7.7 billion at June 30, 2021 up €1.7 billion on December 31, 2020. Committed and undrawn general and aircraft facilities of €2.5 billion, bringing total liquidity to €10.2 billion, with pro forma liquidity including the British Airways sustainability-linked EETC financing executed in July at €10.8 billion

The no of BA flighte have almost trebled in the past few months with daily flights to the USA including (multiple daily flights) to New York (JFK) , Houston, Seattle, Miami, Boston, Washington , Los Angeles, San Fracisco , Chicago.
IAG also owns Aer Lingus, Iberia and Vueling - operating at 75 - 80 normal flights.

In the first half of 2021 they burned through 2billion. However, with increased flghts they will have increased revenue. They also have 10.2 billion liquidity.
Even if they continued to burn through 2.0 Billion every 6months (which will not happen because of increased revenue) they have plenty of cash for this year for another 2 years.

Credit Suisse, which started this RI rumour, also in the same statement rated IAG as "OUTPERFORM" with at target of 195p.

Why would they need a rights issue again ?

They will have planty of cash (billions) in the bank but I do not expect them to keep all 10.2 billion in a bank accout with low interest rates. But be assured it can be considered as good as cash as they can turn it into cash at very short notice , hence the word "liquidity". However, they dont need all of that , their business and income are increasing.

POSITIVES:

IAG reported 10.2 Billion Euros of liquidity so why would RI be needed just two months after that position ?
The flights have increased by a large percentage since July ( probably around by now 2000, or more, flights daily between the 4 IAG owned airlines) . Hence increase in revenue.

Even Credit Suisse who started this rumour, for whatever motivation, still rate IAG as 'Outperform' with a target of 195p.

The BA flights have more than doubled from July time. Iberia, Aer Lingus and Vueling are all part of IAG and are now operating at 75% capacity and increasing.

On the Flightrader24 App I now see about 85-90 BA planes in the air most of the day with muliple flights to the USA. Compare that with 2020 the number of flights I used to see last year of around 32-34 (max).
So BA revenue should increase.

We have positive travel related changes coming through from the UK Gov this week, scrapping of the traffic light system, getting rid of PCR testing for those vacinated.

Possible opening of USA for non-usa travellers will come, though later than anticipated. But remember USA citizen are still flying to other coutries (including UK) and back again without any issues.

BAs response to the Credit Suisse statement was we have "good liquidity"

Here is the Credit Suisse statement

"We think it is getting increasingly likely IAG looks to raise equity, and while we do not change our forecasts in this note (which are each €0.5bn below Bloomberg consensus EBIT in 2021-2022E), we reflect the risk of shareholder dilution in our target price."

The bank said it is conscious that until the transatlantic market re-opens unfettered, the IAG investment case will remain challenging.

However, it retained its 'outperform' rating on the stock, saying it continues to see it as one of the best ways to play ultimate air travel recovery across the value chain, alongside names such as Ryanair, Wizz Air, Airbus and Aena

POSITIVES:

IAG reported 10.2 Billion Euros of liquidity so why would RI be needed just two months after that position ?
The flights have increased by a large percentage since July ( probably around by now 2000, or more, flights daily between the 4 IAG owned airlines) . Hence increase in revenue.

Even Credit Suisse who started this rumour, for whatever motivation, still rate IAG as 'Outperform' with a target of 195p.

The BA flights have more than doubled from July time. Iberia, Aer Lingus and Vueling are all part of IAG and are now operating at 75% capacity and increasing.

On the Flightrader24 App I now see about 85-90 BA planes in the air most of the day with muliple flights to the USA. Compare that with 2020 the number of flights I used to see last year of around 32-34 (max).
So BA revenue should increase.

We have positive travel related changes coming through from the UK Gov this week, scrapping of the traffic light system, getting rid of PCR testing for those vacinated.

Possible opening of USA for non-usa travellers will come, though later than anticipated. But remember USA citizen are still flying to other coutries (including UK) and back again without any issues.

BAs response to the Credit Suisse statement was we have "good liquidity"

Here is the Credit Suisse statement

"We think it is getting increasingly likely IAG looks to raise equity, and while we do not change our forecasts in this note (which are each €0.5bn below Bloomberg consensus EBIT in 2021-2022E), we reflect the risk of shareholder dilution in our target price."

The bank said it is conscious that until the transatlantic market re-opens unfettered, the IAG investment case will remain challenging.

However, it retained its 'outperform' rating on the stock, saying it continues to see it as one of the best ways to play ultimate air travel recovery across the value chain, alongside names such as Ryanair, Wizz Air, Airbus and Aena.

Don't forget Vueling it is also part of IAG. Operates out of Barcelona - currently operating 557 flights per day (76% of the 2019).
https://www.eurocontrol.int/sites/default/files/2021-09/covid19-eurocontrol-comprehensive-air-traffic-assessment-02092021.pdf