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Sund.
Maybe it is . But im still not expecting a dividend this year , next year at best.
Im still not convinced a of a substantial price rise by the end if the day based on whaf other airlines have done .
I certainly hope im wrong as ive a substantial holding woukd hope ill be in profit very soon
D9ber1
As previously posted
British Airways will not pay a dividend in 2022 and 2023 and there will be a 50 per cent matching contribution to NAPS if any dividend is paid in 2024; dividend is limited to 50 per cent of pre-exceptional profit after tax in 2025 and dividends exceeding this would require additional payments to NAPS if the scheme is not at least 100 per cent funded;
- In order to pay a dividend, British Airways must maintain a minimum cash level of £1.6 billion after any dividend and matching contribution have been paid;
- All dividend restrictions cease from October 2025;
This should be a real worry for shareholders because when you look at the size of the pension liabilities, it's more than the value of the entire company. So BA can't keep kicking this issue down the road.' BA's £25.8billion pension liabilities – the estimated value of payouts it will need to make to retired staff – dwarf IAG's £7.07billion stock market value
Sund.
Dont be a muppet , you asked wherd the 30 billion came from , I showed you that.
Now your telling me this figure is veey small . So youre implying that theyve put the thick end of 30 billion into the pot over 18 months
Please show me what you have discovered while DYOR
Interesting reading from dec 15th 2022.
Ref British Airways NAPS triennial valuation
British Airways will not pay a dividend in 2022 and 2023 and there will be a 50 per cent matching contribution to NAPS if any dividend is paid in 2024; dividend is limited to 50 per cent of pre-exceptional profit after tax in 2025 and dividends exceeding this would require additional payments to NAPS if the scheme is not at least 100 per cent funded;
- In order to pay a dividend, British Airways must maintain a minimum cash level of £1.6 billion after any dividend and matching contribution have been paid;
- All dividend restrictions cease from October 2025;
But you didnt research. You mearly quoted the date of the info i sent to you .
Thaf was after yoh asked the question wherd 30 bill came from.
Cone on stop being lazy and DYOR
Would you like to tell me what the pension deficit is then . You quoted no figures after researching .hmmmmm
Shareholders in British Airways owner IAG should be worried about a looming crunch for BA's giant €30billion (£25.8billion) pension scheme, industry experts have warned.
The trustees of BA's pension scheme agreed the airline could defer £450million of pension contributions over the past year as it faced Covid travel restrictions.
But that deal expires at the end of September and BA is set to resume paying contributions of €41million each month from October 1.
The huge bill will pile pressure on BA's battered finances at the worst possible time as speculation mounts that it could have to raise further cash from shareholders.
Separately, The Mail on Sunday can reveal that major hedge funds have turned against the company.
Marshall Wace has more than halved its holding in IAG to 1.3 per cent, down from 3 per cent last October. Meanwhile, US giant Citadel has built up a major short position against IAG since the spring, betting £54million on the share price falling.
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