iag31 Jul 2020 11:03
Well looks like its going south to 150 . I just been looking at seat fit on all BA Aircraft . Example Business and First class take up around 45% of the aircraft and the price of the ticket is about 6 times the price of economy . If they dont fill business and first then theirs no hope economy class is going to make it profitable . Now flights to USA , AUS are no go areas BA main long haul routes as well as Asia , Companies have finally woken up to the internet and video conferencing , so business can be done with out travel . When this covid 19 is finally resolved (i hope ) do you think companies are going t waste money on business flights when they can do this online , 5 g is coming and coming fast , so i can not see this share price ever going back to 600 , i just can not see where the income is coming from for the future . Also i have just learned that they are returning 120 leased aircraft back to the manufacturers 2021/2022 so looks like this share price is going to be low for the long haul .