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Especially A380 EK pilots
https://www.theguardian.com/australia-news/2021/sep/16/aukus-pact-uk-and-us-battle-to-contain-international-backlash
The submarines will be built in Adelaide, but Australian sources said they expected the nuclear-powered engines, which rely on highly enriched weapons-grade uranium, to be produced in the US or in the UK, where they are made by Rolls-Royce.
The immediate support lies at 103.64 support. This level also coincides with the 50% Fibonacci retracement from the 19 July to 25 August price swing. If the decline continues, 99.90 comes into the picture. The 30 June/26 July low at 99.90 and the 90.52 support level are additional targets to the south that only become relevant if there is a deeper correction.
On the flip side, bulls would need to push prices above the 25 August high at 120.58 to restore the uptrend. This move needs to take out resistance barriers at 110.04, 113.70 and 118.26 to become a reality. This move would bring the 2021 high of 128.64 into the picture as a potential upside target.
Planes equipped with RR engines ( Emirates, Qatar, Qantas, BA, etc etc ) on planet Earth don't just land at Heathrow.
There are 1000's of airports. So just because Heathrow traffic is low doesn't mean aviation is not recovering. Broaden your horizons a bit. Come out of the house.
Since Brexit Heathrow lost its top spot for busiest airport its at No.10 now.
September historically if you look at all Indexes averaged 2 decades has been worst month for stocks. We will go down a bit but Oct - Dec stocks will rally. So hold tight and enjoy
Why is this relevant and what I am getting at? : With amount of natural infections and immunity added with how much vaccine coverage we have going right now.
My personal opinion is : Covid is no longer a pandemic but now an endemic like common cold. Therefore chances of new variants or waves as deadly as previous ones is running thin.
Which means we will see a nice stable recovery of aviation stocks
UK Fully vaccinated coverage : 80-90% now
US Fully vaccinated coverage : 55% and growing quickly
EU Fully vaccinated coverage : 75% and growing quickly
India Fully Vaccinated coverage : 45% and growing quickly
https://www.bbc.co.uk/news/world-asia-india-56345591 -> India aims to vaccinate all adults by the end of 2021
^ I am highlighting India because thats an impressive feat!. They vaccinated 180 Million in August month (This was more doses than all the Group of Seven (G7) countries - Canada, the UK, the US, Italy, Germany, France and Japan - put together, according to an official statement.)
On the other hand sharing some facts I ran into this weekend :
1.) UK PM removing powers tomorrow.
Mr Johnson is likely to repeal Coronavirus Act powers in England that are deemed no longer necessary, including:
• Powers to close down the economy
• Powers to impose restrictions on events and gatherings
• Powers to temporarily close or restrict access to schools
• Powers to detain infectious people
I hope this brings some confidence tomorrow as it will remove possibility of lockdown
Link : https://news.sky.com/story/covid-19-pm-to-repeal-parts-of-coronavirus-act-that-are-no-longer-necessary-12404836
2.) Vaccine passport plans ditched
Link : https://www.bbc.co.uk/news/uk-58535258
3.) Ditching PCR tests for Travellers on the way : Sajid
Link : https://www.youtube.com/watch?v=S1WCY_Mb1gw
4.) Traffic light system ditched from Oct 1st / Next review
Link : https://www.msn.com/en-gb/news/newsscotland/uk-government-could-scrap-covid-traffic-light-system-on-international-travel-within-weeks/ar-AAOdjoL
No PCR tests. No Traffic light from Oct 1st. Virus is now endemic. Travel rebounding and people continuing to fly. UK Vaccinated 90% Europe approaching 90%. US will catch up to 80-90 in coming weeks/months
I see nothing that can go against Aviation
I'm sorry bit people seem very misinformed here and sharing opinions with absolutely no factual basis.
If you saw or heard earnings from this year. They said clearly they have plenty of liquidity to ride through the pandemic. And recovery of travel is not something they are relying on.
And they even said ITP sale will have no impact on their recovery. So their CFO is not really bothered when ITP will go through.
https://www.cityam.com/business-blow-uk-us-travel-corridor-could-remain-closed-until-november/
I think its just these rumours holding IAG back, but it will recover
Take it with a grain of salt just giving people heads up on what I am seeing : https://www.tradegate.de/orderbuch.php?isin=GB00B63H8491
He is not using crystal ball. See 30m or hourly chart. 108 had lots of bounces ranging from June
Holding 5x leveraged RR since Dec 2020. Not leaving until I see 200 close
No more reverse thrust. We will go full throttle ready to take off. and in 1-2 years Ultra Fan blade engines will be ready to provide 20-25% fuel economy which will boost us even further.
Well done to all long term holders :) we did well
- Asia moving into Amber +1 point for travel more Rolls Engines ( Emirates, BA etc )
- Earnings beat with profit reported +1
- Same guidance from RR i.e. turn free cash flow positive in second half +1
- ITP Aero progressing well they said +1
- Covid is behind us +1
So hit me with negativity. I see this going up from here on ! 150-200p my price target and not quitting
https://www.rolls-royce.com/investors/results-and-events.aspx
Pre market : https://www.tradegate.de/orderbuch.php?isin=GB00B63H8491
Hey Johnny hope Nettles charm brings us good today. It’s been long patient journey
https://www.rolls-royce.com/investors
https://edge.media-server.com/mmc/p/4rvsdubk -> Earnings call here at 08:30 BST Aug 5th