RE: …it’s coming home, it’s coming home…8 Sep 2021 23:18
If the USA open ups to the uk at the endof the month there will be mayhem and lockdown will come back in the UK this winter . Why you ask .USA currently have half the population vaccinated so do you really want to go to a country where you have a 3in 1 chance of getting covid . i can not believe the desperate posts on here and can not believe the desperate pleas from officials , if this happens we go back in lockdown for winter , something this government will never want to do .
so what is the situation iag are in this is fact
Furlough ends Sept
Wage increase cost IAG will have to pay wages or make redundancies
Long Haul Flights running at 24%
Estimated cost this year 10 billion
Cargo just about breaking even some are making profit
Short haul flights running but no indication this is making money or breaking even
If things don't change in Long haul IAG will come cap in hand to share holders for more money thus diluting the share price , you can speculate how much you want but can not see this sp rising to 230p until Long Haul is back to 100 % .
So the price at the end of the month i say 135p