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International Consolidated Airlines Group S.A. (BABWF)

Other OTC - Other OTC Delayed Price. Currency in USD
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1.51800.0000 (0.00%)
At close: 01:36PM EDT
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  • R
    Richard
    The Heathrow passenger figures for April are out. 75% of the April 2019 figures. Got to be good for BA!
  • T
    Tommy
    These results were expected and this loss called "heavy" is reducing if you compare it with previous year. The reason for this negative report is the past pandemic and Omicron. But these are all gone. The travel sector is recovering and there is a huge demand for international travel. Do you think IAG.L shutdown its operations because of this declared loss? Or the company is going to stop hiring / stop training staff? The answer is of course not. Q4 results will be much different and I can't imagine the price summer of 2023. So, buy as much as you can in 2022. Stay long and enjoy the trading bots fighting each other.
  • M
    Matt
    Predictions on earnings? Good (thumbs up) Bad (thumbs down) let’s see.
  • T
    Tommy
    “British Airways’ owner has said that a recovery in business travel and trips by wealthy passengers will drive a return to profitability from the second quarter onwards this year.”

    2nd quarter will drive a return to profitability. End of discussion. You cannot manipulate the price by giving wrong information and you cannot lie.
  • R
    Richard
    From the Heathrow Traffic Statistics (https://www.heathrow.com/company/investor-centre/reports/traffic-statistics), for March for the past four years.

    Passengers Movements
    2019 6,527,489 39,849
    2020 3,106,845 25,798
    2021 541,669 9,453
    2022 4,196,656 27,999

    I can't see how anybody could see that as anything other than excellent!
  • T
    Tommy
    Hold till Q4 results to multiply your investments by 2x or more. This summer there will be no restrictions.
  • S
    SlimShaddy
    Reaches $7 within 2 months.
  • A
    Alberto
    5 in less than one month.....tráffic IS huge again.....
  • T
    Tommy
    FCA may ban short selling.
  • K
    Kinny
    Well it was to be expected. I’m here for the long term so no issue to me.
  • J
    James
    While March was better than expected IAG had not ramped up their operation to cope. Next Q should be better. Surprised it dropped so much on earning that I think were better than expected.
  • j
    john
    what are they doing over there, they should be buying back stock
    it might be time to sell
  • J
    John
    "I am still cautious about the optimistic IAG guidance. This is because, despite industry tailwinds of travel recovering, consumers continue to face a cost of living crisis, with the worst yet to come. The Bank of England recently raised its bank rate to 1% and predicts a contraction in the British economy towards the tail end of the year. Given that the majority of the firm’s customers fly on British Airways, a contraction could lead to a substantial hit to IAG’s customer base."

    https://www.fool.co.uk/2022/05/08/can-the-iag-share-price-recover-from-its-slump/
  • R
    Riley Reid
    Back to profit 05/05
  • S
    Sam
    Picked up this stock at £1.09 yesterday it’s a £2.00 and above stock so even at below £1.30’its a steal. Imagine it was sitting at £1.79 two weeks ago.
  • J
    Juan
    "Shares of International Consolidated Airways Group S.A. (LON: IAG) crashed more than 30% on Monday as the owner of British Airways was forced to launch a heavily discounted rights issue to raise #$%$2.74 billion to improve its liquidity.Investors that will take part in the new rights issue will be able to do so at a price that is 35.9% lower to Thursday?s closing price. Qatar Airways, the biggest shareholder, has agreed to take part with its 25% stake."This is the reason for the price drop. IAG is very unlikely to go bankrupt and has a good financial history. Of course it is still a risk and it may take up to 5 years to get back to normal flying levels but this stock price can easily double of triple by then which would mean 30%+ returns /year if you have confidence and are willing to wait.
  • f
    felix
    Hedge fund king Ken Griffin loses millions on British Airways bet !
    One of the world’s wealthiest hedge fund managers has lost millions of pounds after shares in the owner of British Airways took off.

    Ken Griffin, a Chicago-based financier worth more than $21bn (£15.6bn), placed a multimillion-pound bet against IAG just hours before new data revealed the omicron variant had not dented airline bookings.

    His firm, Citadel Advisors Europe, opened a 0.93pc short position - a bet of about £70m - against the BA owner on January 3. Another of his funds had already placed a 0.73pc bet against the FTSE 100 group that also owns Iberia and Aer Lingus.

    A day later IAG shares jumped more than 11pc. The stock is trading at 160p, valuing the company at almost £8bn.

    Citadel was not the only hedge fund to be hit by renewed optimism about fortunes of the airlines sector. London-based Sandbar Asset Management amassed bets of £110m against the London-listed IAG, easyJet and Wizz Air on Dec 30.
  • N
    Nasir
    Are there any studies on the re-routing costs IAG will incur due to the war - I would like to understand the impact as it seems a long term conflict
  • c
    chevado
    Does anyone know if IAG plan on paying deviants
  • R
    Rich & happy
    Passengers flying from Heathrow to Hong Kong and Italy on Tuesday will be the first to have the option of paying for a rapid Covid test before checking in.

    The test will cost £80 and the result is guaranteed within an hour.

    The aim is to help people travelling to destinations where proof of a negative result is required on arrival.

    A growing number of countries have classified the UK as being "at risk", meaning travellers from the UK face more restrictions.

    The authorities in Hong Kong now require people to show they have a negative test result, taken within 72 hours of a flight from London.

    The rapid saliva swab, which is now available at Heathrow Terminals 2 and 5, is known as a Lamp (Loop-mediated Isothermal Amplification) test.

    Coronavirus: What are the UK travel quarantine rules?

    Airlines and airports in fresh aid package plea

    British Airways will now offer it to customers.