Member Info for sundezena

glad i bought lower (a tonne) at 1.462. this should fly today. GLA.

....and we are getting to our destination ahead of schedule!!

Robbren, i would never say less...always more!! hahahahaha.

Any predictions for today? I reckon £1.65-1.70 by end of day. DYOR.

Robbren, pension scheme might be fully funded!!!

Flyingfax, they said debt reduction is in line with their better than expected performance.

this is from last quarter:
"In addition, IAG's heavy debt load is still a concern for many investors. It was reduced to €10.4 billion in 2022, but the company said it will be “broadly maintained” at the same level by the end of 2023.
this is from now:
"We also expect our net debt at December 31, 2023 to be better than previous guidance of materially flat year on year, and to be down in line with our profit outperformance."

why a typo?? it's a good results...analysts were expecting a loss of 179m euros.

net debt Euro 8.398b, down from 10.385b..thats a massive improvement.

results out 6 min ago

https://www.reuters.com/business/aerospace-defense/british-airways-owner-iag-upgrades-profit-forecast-2023-05-05/

https://www.morningstar.co.uk/uk/news/AN_1671131246342026300/iags-british-airways-pension-deficit-narrows-to-gbp165-billion.aspx
your 30b is the liabilities, you also have to look at assets though (which you are clearly not doing)!!!
DYOR.

robbren , i did my research, believe me. You check it out and will find the deficit. Tiny. DYOR.

no, they have improved actually. i suggest you research it like i did. dyor.

that was 2 years ago. valuations have changed. DYOR.

Robbren, check the assets valuation??

Sunsurfer, can you please show where you got debt of 30billion in the pension???

https://www.pensionsage.com/pa/BA-ends-deficit-reduction-contributions-following-considerable-funding-improvement.php
for your info Sunsurfer!!!

pension debt of 30 billion???? show me where it says so.. i disagree.

going back up now , might even close green before excellent results that are expected by most analysts. DYOR.