Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Guidance is a waste of time now. Investors need to see that IAG is actually delivering substantially.
Any increase in debt , or insufficient debt paid back will be seen as a negative and yet again, Investors will be dissappointed by IAG.
Let's hope not.
They need to follow the example of RR with the new CEO.
It's a simple strategy but returns massive rewards for the Company, Shareholders and Employees.
IAG's only strategy has always been buy another company, try to cut costs and expand.
Expansion is not always the right way forward . Take a look at RYA......when did they last buy another airline ?
The FT
IAG takeover of Air Europa faces fresh challenges in Brussels
Https://www.ft.com/content/6a5d76bc-5b3c-4b00-98ee-787aa5a0dfb7
CEO needs to go .
Do we hear any announcement about the EU comments regarding Eurpoa ?
Maybe a statement to help prop up the SP ?
Nope........nada...........nothing..........
Ceo seems happy to watch the SP stay at these abysmally low levels. Look at the 5 year chart !
They should have upgraded the IT years ago, they are way behind thier competitors and although you say it should deliver cost savings, those savings are unlikely to appear for at least another 4-5 years.
Meanwhile it is just 7B going out of operating costs and you are hoping that they earn enough to replace the 7B ?
let's not also forget, that they would like to buy TAP ( goodness knows where the money is coming from ).
During this whole process, IAG also want to pay down debt and deliver returns to shareholders .......................
I am waiting for the CEO to explain how this is going to happen , without a further RI ( we hope not).
As for dividends......I agree with mararab........
There really aren't a lot of crew on the 'old' contracts who are left these days.
Over the next few years, they would probably retire anyway.
I do anticipate that some of the newer crew will accept redundancy though.
I think the money would be better spent, paying down the debt !
I agree . IAG nee to replace the CEO, urgently if they hope for a substantial price increase over the next few years.
The current CEO's strategy is clearly wrong, as the share pric e demonstrates.
It isn't rocket science. Just reduce debt and invest in your product .
Oh and stop buying other airlines !
It is any excuse for a drop these days, whether good news or bad , or even no news at all.
Meanwhile the CEO is like the scarlet Pimpernel........where is he ????