BA SHARE PERFORMANCE
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Joined: May 1999
Aviation Qualifications: ATP+Mil
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From: Quite near 'An aerodrome somewhere in England'
BA SHARE PERFORMANCE
Interesting to note that the best FTSE performer yesterday was......BA. Shares up 9.5p to 204.5. Is this the start of renewed confidence in the airline industry.............
Joined: Jun 2001
Posts: 57
Likes: 0
From: uk
just crunched a few numbers guys + gals :
--------- ba ryanair easyJet
high 2001 463 420 495.5
low 2001 139 236.25 248.5
year end 195 420 469.5
1 yr perf -50.1 +17.9 +19.6 %
looks like the money is going on the irish and greek runners, whose jockeys are still enforcing a strict dieting regime,whilst the british contender appears to be carrying too much excess weight although the new aussie diet might eventually speed it up.
evidently ba will release the december passenger numbers tomorrow (friday),they were also tipped for 2002 by the mirror amongst others...
good luck to all for the 2002 season.
[ 03 January 2002: Message edited by: zoru ]
[ 03 January 2002: Message edited by: zoru ]
[ 03 January 2002: Message edited by: zoru ]</p>
--------- ba ryanair easyJet
high 2001 463 420 495.5
low 2001 139 236.25 248.5
year end 195 420 469.5
1 yr perf -50.1 +17.9 +19.6 %
looks like the money is going on the irish and greek runners, whose jockeys are still enforcing a strict dieting regime,whilst the british contender appears to be carrying too much excess weight although the new aussie diet might eventually speed it up.
evidently ba will release the december passenger numbers tomorrow (friday),they were also tipped for 2002 by the mirror amongst others...
good luck to all for the 2002 season.
[ 03 January 2002: Message edited by: zoru ]
[ 03 January 2002: Message edited by: zoru ]
[ 03 January 2002: Message edited by: zoru ]</p>
Joined: Feb 2000
Posts: 759
Likes: 34
From: Rural England, thank God.
Just remember:
"the value of your investments can go down as well as up" !, and
December passenger numbers will be released at 1415 UTC today.
BA shares are benefiting this morning from KLM's Dec pax numbers released this morning which showed a pick-up from the November levels.
[ 04 January 2002: Message edited by: skua ]</p>
"the value of your investments can go down as well as up" !, and
December passenger numbers will be released at 1415 UTC today.
BA shares are benefiting this morning from KLM's Dec pax numbers released this morning which showed a pick-up from the November levels.
[ 04 January 2002: Message edited by: skua ]</p>
Joined: May 2001
Posts: 221
Likes: 0
From: Among the clouds
THOUGHT THIS MAY BE OF INTEREST...FROM THE FT WEBSITE:
[quote] KLM sees signs of recovery
Airline stocks jump after Dutch traffic figures
By Peter Bale, FTMarketWatch 9:53:00 AM GMT Jan 4, 2002
LONDON (FTMW) - Shares in KLM and British Airways jumped on Friday after the Dutch airline reported a modest improvement in traffic figures in December from the slump after the September 11 terror attacks.
KLM [NL:00964, News, Chart, Research] stock jumped more than 5 per cent to €13.40 in Amsterdam and British Airways [UK:BAY, News, Chart, Research] [US:BAB, News, Chart, Research] - which is to report its own traffic data later on Friday - also rose 5 per cent to 225p.
Other major flag carriers in Europe also rose. Air France [FR:003112, News, Chart, Research] gained almost 3 per cent to €16.50 in Paris while Lufthansa [DE
23212, News, Chart, Research] rose 3 per cent to €16.20.
While still down on the previous year and enduring a sharp fall in North Atlantic traffic, KLM said December showed a relative recovery in November and October.
Analysts see turnaround
"KLM's December traffic statistics illustrated the continued improvement in (the) major airline operating environment," JP Morgan analyst Andrew Lobbenberg said in a note to clients.
The Merrill Lynch airline team said the KLM figures could lead to a reassessment of the prospects for the airline industry.
"Clearly the trend is for improvement from the weak numbers reported in previous months," Merrill said in a note. For KLM, however, it said it was sticking to its "neutral" recommendation.
KLM detail
KLM's overall traffic, including cargo, fell 8 per cent in December after falls of 12 per cent and 10 per cent in October and November in the aftermath of the attacks on the US.
Its passenger load factor fell year on year to 73.7 per cent from 74 per cent, but that was an improvement over November. Passenger traffic fell 10 per cent and the airline cut 9 per cent from carrying capacity in the month. North Atlantic travel, however, fell 23 per cent and capacity was reduced by 24 per cent.
Airline stocks, including KLM, were hit hard by the fall off in travel and analysts have been looking to data from the Dutch airline and traffic from British Airways due shortly, for signs of a rebound in the airline sector. KLM hit a year low of €7.30 in the immediate aftermath of September 11, compared with its year high of €28 in February.
British Airways hit a low of 113.25p after September 11 but has recovered strongly in the past two months as analysts see it as strong and well placed to take advantage of expected consolidation in the European industry, including a long hoped for alliance with KLM.
Alliances
Lobbenberg said he expected British Airways and KLM to announce a code-sharing deal, allowing them to carry each others' passengers but stopping short of a full alliance.
He recommends Air France and Lufthansa in the sector.
Discount airlines, which have performed more strongly than the flag carriers since September 11 based on their minimal exposure to North Atlantic and other international routes, gained less than the major airlines on the back of the KLM news.
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Unlisted discount airline Go, now owned by venture capital group 3i [UK:III, News, Chart, Research] after it was spun out of British Airways, on Friday confirmed the advantage discount airlines have secured over other carriers, reporting a 57 per cent rise in December traffic. It said its load factor rose to 70.5 per cent from 68.9 per cent.
Ryanair [UK:RYA, News, Chart, Research] was modestly higher a 426.5p and easyJet [UK
ZJ, News, Chart, Research] was 1.3 per cent higher at 472.5p.
<hr></blockquote>
Let's hope it continues.
[quote] KLM sees signs of recovery
Airline stocks jump after Dutch traffic figures
By Peter Bale, FTMarketWatch 9:53:00 AM GMT Jan 4, 2002
LONDON (FTMW) - Shares in KLM and British Airways jumped on Friday after the Dutch airline reported a modest improvement in traffic figures in December from the slump after the September 11 terror attacks.
KLM [NL:00964, News, Chart, Research] stock jumped more than 5 per cent to €13.40 in Amsterdam and British Airways [UK:BAY, News, Chart, Research] [US:BAB, News, Chart, Research] - which is to report its own traffic data later on Friday - also rose 5 per cent to 225p.
Other major flag carriers in Europe also rose. Air France [FR:003112, News, Chart, Research] gained almost 3 per cent to €16.50 in Paris while Lufthansa [DE
23212, News, Chart, Research] rose 3 per cent to €16.20.While still down on the previous year and enduring a sharp fall in North Atlantic traffic, KLM said December showed a relative recovery in November and October.
Analysts see turnaround
"KLM's December traffic statistics illustrated the continued improvement in (the) major airline operating environment," JP Morgan analyst Andrew Lobbenberg said in a note to clients.
The Merrill Lynch airline team said the KLM figures could lead to a reassessment of the prospects for the airline industry.
"Clearly the trend is for improvement from the weak numbers reported in previous months," Merrill said in a note. For KLM, however, it said it was sticking to its "neutral" recommendation.
KLM detail
KLM's overall traffic, including cargo, fell 8 per cent in December after falls of 12 per cent and 10 per cent in October and November in the aftermath of the attacks on the US.
Its passenger load factor fell year on year to 73.7 per cent from 74 per cent, but that was an improvement over November. Passenger traffic fell 10 per cent and the airline cut 9 per cent from carrying capacity in the month. North Atlantic travel, however, fell 23 per cent and capacity was reduced by 24 per cent.
Airline stocks, including KLM, were hit hard by the fall off in travel and analysts have been looking to data from the Dutch airline and traffic from British Airways due shortly, for signs of a rebound in the airline sector. KLM hit a year low of €7.30 in the immediate aftermath of September 11, compared with its year high of €28 in February.
British Airways hit a low of 113.25p after September 11 but has recovered strongly in the past two months as analysts see it as strong and well placed to take advantage of expected consolidation in the European industry, including a long hoped for alliance with KLM.
Alliances
Lobbenberg said he expected British Airways and KLM to announce a code-sharing deal, allowing them to carry each others' passengers but stopping short of a full alliance.
He recommends Air France and Lufthansa in the sector.
Discount airlines, which have performed more strongly than the flag carriers since September 11 based on their minimal exposure to North Atlantic and other international routes, gained less than the major airlines on the back of the KLM news.
Go deeper
News Alerts
MarketPulse
News Stories
Europe
US
Global
News by Email
Unlisted discount airline Go, now owned by venture capital group 3i [UK:III, News, Chart, Research] after it was spun out of British Airways, on Friday confirmed the advantage discount airlines have secured over other carriers, reporting a 57 per cent rise in December traffic. It said its load factor rose to 70.5 per cent from 68.9 per cent.
Ryanair [UK:RYA, News, Chart, Research] was modestly higher a 426.5p and easyJet [UK
ZJ, News, Chart, Research] was 1.3 per cent higher at 472.5p.<hr></blockquote>
Let's hope it continues.
