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Old 3rd Jun 2017, 13:13
  #501 (permalink)  
Caribbean Boy
 
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Originally Posted by fltplanner
PAXboy - this all sounds persuasive, but if things are so predictably dire why is BA share price so bouyant ?
Actually it's the IAG share price as BA is an Opco (operating company) of IAG. The share price has largely recovered from the initial plunge. Why has it recovered? Because BA will suffer little long-term harm from the chaos. After all, with over 50% of the Heathrow slots, punters often have no choice but to fly BA.
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