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Now is not the time to buy airlines. We will soon be back to quarantine on all countries and EU likely to take reciprocal action. Without a doubt new lows will be reached in the coming weeks. Don’t think we will get to the 80p prediction but somewhere near £1 is not unreasonable to expect

How long before the EU retaliates and bans UK. If France quarantined it will happen soon

If gold can get to $2000 an ounce anything is possible these days...

Good short term and hopefully long term but IAG still has to go through similar pain in the medium term. Hard to have confidence at the moment. Personally found business class on Virgin to New York far superior to BA.

Hope you all filled your boots yesterday. Tidy 10% profit from yesterday’s buys.

SP now at a value that is very attractive. Forget about the RI, cash burn and so on. The one thing that drives airline SP is flying numbers. Now we are down to 90 mins for a test I expect to see these introduced rapidly at airports so expect SP to rise over the next couple of months. However, I do expect another fall over winter when lockdowns are reintroduced.

Iag has done an amazing job reducing cash burn. I wouldn’t be surprised to see the SP finish the day higher. Well done IAG

@spoon_key look forward to your adjudication at COP tomorrow

I was in a similar boat until I realised that people saying you don’t loose until you sell is complete hogwash! If you leave your money in a share going nowhere or worse still going downwards whilst other shares are ascending then you are loosing out. I sold (at a loss) and bought boohoo at the right time.

The rights issue and upcoming results will clearly demonstrate why the bad news isn’t priced in! Still might be tempted to buy back in after next week is out the way as fully believe in IAG long term.

In a strip joint!

It seems that every couple of weeks there is positive speculation on vaccine advances which boosts the SP upwards of 10% and then it drifts down in the subsequent 2 weeks or so on the back of a steady drip of news that It will take longer to deal with the virus. Like others waiting for the end of July update before committing. Until we are told how much cash has been eroded we won’t know whether additional funds need to be raised or not. You know the saying the bigger they are the harder they fall!

174p as expect results and cash burn rate to be worse than predicted. Also WW will again paint a very negative outlook due to the necessary restructuring. For transparency I sold out today and intend to buy back in around this price or lower.

Yeah see the stock market knock another 1% off IAG SP. Have a feeling the 200p barrier won’t last this week

@ChrisEngland I actually think BOO is low risk. The recent furore will be very short lived and the cut in SP well over done. The longer the pandemic runs in USA the better for its growing sales there. Expect the next Boohoo financial update to be a corker!

Great opportunity to top up IMO Jet2 and Ryanair will bounce back much quicker than BA. Most routes are already open. Reckon this SP will double in the next 12 months

Very disappointed at the Chancellor’s statement. Nothing to stimulate the overseas travel sector. No wonder jobs continue to be haemorrhage

Given the likely prolonged downturn with travel to the America’s I’m not sure whether the planned cuts at BA go far enough. However, BA should be applauded for their plans to level salaries to finally get the company on a level playing field. I just hope there is no backing down!

Beginning to get a little twitchy as really thought today would be a good day in advance of the air bridge announcement. What if:
a) Warren Buffett is right?
b) Willy Walsh is being honest about the perilous position BA is in

I guess if point of travel testing is introduced that solves the quarantine issue wherever you are travelling from. Given how much is at stake for the airline industry I imagine they will bottom this out soon