Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Hitman.
Yes you have him sussed.
In contrast you have retirement plan veing totally upfront and honest.
Sund forgot to say that the huge IAG holding he retained ???? went down 5k, or did it , or didnt it . Who knows
Theres an old saying "no one likes a smart @rse"
Just reading through an artickd there thats suggesting the poor return of business travel has put a damper on things.
Maybe IAG need to relook at there business model and accept the fact that business travel post covid will never return to that of Pre.
It is very frustrating holding IAG as theyre possibly the slowest recovering high progile share.
It woukd be nice to see dime sort of recovery today as without that i eindef how much further it will fall.
There'll be broker uodates following the redults it will be interesting to see what there thoughts are. I know it doesn't make a lot of difference as theyre useless but intestesting to know consencus.
Sund.
Don't you ever think yourself that if youd bailed out of iag earlier and invested in virtually any other share youd be quids in :-)
Ive traded in shares for around 30 years and never seen such a poor share recovery im astonished at the way IAG has been held back
Sund
It must be 2 years now that youve bigged uk IAG , ecrn a broken clocks right twice a day.
You will be right one day the price will teach 170 or even £2 whether its in my lifetine , who knows
Im definitely dissillusioned now and if theres no bounce back tomorrow will bail out reinvest elswhere
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British Airways owner IAG reports surge in profits
Carrier credits ‘strong and sustained demand for travel’
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Philip Georgiadis in London 17 MINUTES AGO
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British Airways owner IAG reported a surge in annual profits as the carrier became the latest to cash in on sustained demand for travel and high ticket prices.
The airline said on Thursday that operating profits more than doubled to €3.5bn last year and surpassed the €3.3bn it made in 2019, the last year before the pandemic disrupted aviation.
The company, which owns a clutch of airlines including Spain’s Iberia and Ireland’s Aer Lingus, put the performance down to “strong and sustained demand for travel”, particularly from holidaymakers and said it expected business to “continue to be robust” this year.
The return of business travel has been slower, IAG said, but this has been offset by high demand from holidaymakers for business and first class seats.
Airlines have profited from a boom in travel since the end of the disruption caused by travel bans during the Covid-19 pandemic, with passengers undeterred by high ticket prices.
These high fares have allowed major airlines groups including IAG to record strong profits while only slowly rebuilding their flying schedules.
IAG flew 95 per cent of its pre-pandemic capacity in 2023, while passenger revenue rose 33 per cent to €6.4bn from a year earlier.
In contrast, capacity at low-cost airlines like Ryanair and Wizz Air is above 2019 levels as their business models rely onpacking in passengers paying lower fares.
Investors are yet to fully buy into the recovery though, amid concerns that the high fare environment will soften as airlines put more planes into the skies.
IAG shares are flat over the past 12 months, while lower-cost airlines that fly on point to point routes in Europe including Ryanair and easyJet have risen by double digits over the same period.
Well this seems a positive reaction
Sharecast News) - British Airways owner IAG on Thursday more than doubled annual profit as demand continued to rebound from the effects of the Covid pandemic.
Operating profit before exceptional items for the year to December 31 came in at €3.5bn compared with 2022's €1.24bn and the pre-pandemic figure of €3.25bn.
"Demand continues to be robust, with particular strength in leisure travel. We are currently 92% booked for Q1 2024 and 62% booked for H1 2024, ahead of our position last year," IAG said.