PPRuNe Forums - Search Results
PPRuNe Forums

Go Back  PPRuNe Forums > Search Forums
Reload this Page >

Search Results

Register
FAQ
Calendar
Wikiposts
Today's Posts
Search
Vendor Directory
Search: Posts Made By: kungfu panda
Showing results 1 to 34 of 34
Search took 0.00 seconds.
Forum: Terms and Endearment
28th Oct 2020, 20:36
Replies: 2,093
Views: 1,848,922
Posted By kungfu panda

If BA is nationalised, which is very likely. As...

If BA is nationalised, which is very likely. As you say, the company relies on SH to feed the LH but that won't happen.Therefore you're looking at a much smaller, LH only company.

The company is...
Forum: Terms and Endearment
26th Oct 2020, 13:48
Replies: 2,093
Views: 1,848,922
Posted By kungfu panda

So long as BA have the capability to get all...

So long as BA have the capability to get all their Aircraft operating again prior to the end of slot protection (which is impossible). If they do then as long as they have the means to operate cash...
Forum: Terms and Endearment
26th Oct 2020, 09:00
Replies: 2,093
Views: 1,848,922
Posted By kungfu panda

BA currently have 51% of the slots at LHR. It's...

BA currently have 51% of the slots at LHR. It's not a guess that there'll be a smash and grab on those as soon as they're not protected. It's not a guess that BA don't currently have the cash to...
Forum: Terms and Endearment
26th Oct 2020, 07:05
Replies: 2,093
Views: 1,848,922
Posted By kungfu panda

It is impossible for BA to keep all of the...

It is impossible for BA to keep all of the current slots. The company is haemorrhaging cash as it is without operating the necessary empty flights. BAA will not keep those slots available forever....
Forum: Terms and Endearment
21st Sep 2020, 07:44
Replies: 2,093
Views: 1,848,922
Posted By kungfu panda

IAG is a penny share as of right now.

IAG is a penny share as of right now.
Forum: Terms and Endearment
30th Aug 2020, 14:13
Replies: 2,093
Views: 1,848,922
Posted By kungfu panda

stormin norman I think that the only game...

stormin norman

I think that the only game changer will be a 90% effective vaccine taken by 70% of people. Therefore people will need to be paid to take the Vaccine.
Forum: Terms and Endearment
8th Aug 2020, 11:33
Replies: 2,093
Views: 1,848,922
Posted By kungfu panda

Normality is forecast, at the earliest, 2023....

Normality is forecast, at the earliest, 2023. This is clearly just the first round. You're just very lucky that BA is "too important to fail" in post Brexit Britain.
Forum: Terms and Endearment
2nd Aug 2020, 11:47
Replies: 2,093
Views: 1,848,922
Posted By kungfu panda

You're still thinking about Qatar as a white...

You're still thinking about Qatar as a white knight. You need to read other people's experiences with these guys. The culture of the company will be toxic like you've never seen before. And forget...
Forum: Terms and Endearment
2nd Aug 2020, 04:07
Replies: 2,093
Views: 1,848,922
Posted By kungfu panda

The current version of BA is in it's death...

The current version of BA is in it's death throws. The only way to have saved it would have been to furlough 80% of staff indefinitely and quickly, without any discussion. Which of course would be...
Forum: Terms and Endearment
1st Aug 2020, 12:34
Replies: 2,093
Views: 1,848,922
Posted By kungfu panda

777JRM Yes absolutely. Qatar will put in...

777JRM

Yes absolutely. Qatar will put in €800m. IAG want to raise €2.7B.

But the share price is dropping fast because institutions are selling, not because of the rights issue. If the rights...
Forum: Terms and Endearment
1st Aug 2020, 12:23
Replies: 2,093
Views: 1,848,922
Posted By kungfu panda

BA will survive maybe as a result of the combined...

BA will survive maybe as a result of the combined effort of Qatar and the British government. It will not survive in it's own right as a going concern. The Qatar money maybe a big issue to the...
Forum: Terms and Endearment
1st Aug 2020, 12:00
Replies: 2,093
Views: 1,848,922
Posted By kungfu panda

777JRM Yes. At the End of June. It's now...

777JRM

Yes. At the End of June. It's now August and everything looks a whole lot worse than it did in June. That's why the share price is languishing.
You're talking about a rights issue that...
Forum: Terms and Endearment
1st Aug 2020, 11:38
Replies: 2,093
Views: 1,848,922
Posted By kungfu panda

Was it you that told me to deliver hard facts? ...

Was it you that told me to deliver hard facts?

The €8.1B includes the rights issue. That is hopeful by itself. Bridging loan, hopeful, at best. Buy another Airline, don't make me laugh.
Forum: Terms and Endearment
1st Aug 2020, 11:19
Replies: 2,093
Views: 1,848,922
Posted By kungfu panda

Rights issues sell shares at a discount and not a...

Rights issues sell shares at a discount and not a premium. If you're pinning hopes to a rights issue, that may raise 2 months of Cash, then you're in extreme trouble. The reliance on Qatar shows...
Forum: Terms and Endearment
1st Aug 2020, 11:04
Replies: 2,093
Views: 1,848,922
Posted By kungfu panda

You are burying your head in the sand mate. The...

You are burying your head in the sand mate. The share price went down 6% yesterday from a really low base. This is institutions selling while they still have money left. The expectation of a good...
Forum: Terms and Endearment
31st Jul 2020, 11:46
Replies: 2,093
Views: 1,848,922
Posted By kungfu panda

A successful rights issue depends on investors...

A successful rights issue depends on investors believing that demand will come back prior to the company running out of Cash. That looks increasingly unlikely.
The British government will...
Forum: Terms and Endearment
29th Jul 2020, 16:43
Replies: 2,093
Views: 1,848,922
Posted By kungfu panda

They were losing money at a mathematically...

They were losing money at a mathematically unsustainable rate with a certain outcome. Totally comparable.
Forum: Terms and Endearment
29th Jul 2020, 15:18
Replies: 2,093
Views: 1,848,922
Posted By kungfu panda

777JRM No, within reason, what I said were...

777JRM

No, within reason, what I said were clear facts. I understand the need to stick your head in the sand. We did at Norwegian. We could see what was going on from 2015. There was time to...
Forum: Terms and Endearment
29th Jul 2020, 14:13
Replies: 2,093
Views: 1,848,922
Posted By kungfu panda

Hard fact: Company losing £31m per day Hard...

Hard fact: Company losing £31m per day
Hard Fact: Summer passenger numbers/Recovery less than hoped
Hard Fact: Distribution of a Vaccine will not be before the end of Q1 2021
Hard Fact: BA has 5...
Forum: Terms and Endearment
29th Jul 2020, 13:29
Replies: 2,093
Views: 1,848,922
Posted By kungfu panda

IAG will be broken up. Not sure that it'll have...

IAG will be broken up. Not sure that it'll have anything to do with Brexit but each country will want to save their national carrier. I imagine that the British government will foresee a need to have...
Forum: Terms and Endearment
29th Jul 2020, 12:39
Replies: 2,093
Views: 1,848,922
Posted By kungfu panda

That is exactly what I think. There two of us,...

That is exactly what I think. There two of us, almost a done deal...
Forum: Terms and Endearment
29th Jul 2020, 11:04
Replies: 2,093
Views: 1,848,922
Posted By kungfu panda

Yes but it's not realistic. Qatar certainly want...

Yes but it's not realistic. Qatar certainly want equity for any cash put in, they absolutely don't want junk bonds. The current market capitalisation is £3.7B. As a non EU state, Qatar can own 49% of...
Forum: Terms and Endearment
29th Jul 2020, 09:08
Replies: 2,093
Views: 1,848,922
Posted By kungfu panda

You're dreaming if pinning hopes to Qatar....

You're dreaming if pinning hopes to Qatar. They'll be the first to bail out. Like they did with Air Italy which Qatar had high expectations, they expected it to become the new Italian National...
Forum: Terms and Endearment
29th Jul 2020, 08:38
Replies: 2,093
Views: 1,848,922
Posted By kungfu panda

If as I understand, BA are losing nearly a...

If as I understand, BA are losing nearly a Billion pounds a month it will not continue as a going concern. Nothing will change in the near term. If the vaccine is successful and distributed quickly...
Forum: Terms and Endearment
17th Jun 2020, 14:29
Replies: 2,093
Views: 1,848,922
Posted By kungfu panda

Possible sticking your head in the sand...

Possible sticking your head in the sand...
Forum: Terms and Endearment
17th Jun 2020, 11:31
Replies: 2,093
Views: 1,848,922
Posted By kungfu panda

You're totally missing the point. Very obviously...

You're totally missing the point. Very obviously Piloting an aircraft and managing a crew requires a much higher level of skill than driving a tube train.

Unfortunately in the UK that will not...
Forum: Terms and Endearment
17th Jun 2020, 10:01
Replies: 2,093
Views: 1,848,922
Posted By kungfu panda

If you're going to pluck a figure from the air,...

If you're going to pluck a figure from the air, that, to me, looks like a good one. The question is, would BALPA collapse, if they offered that to the membership?
Forum: Terms and Endearment
17th Jun 2020, 09:00
Replies: 2,093
Views: 1,848,922
Posted By kungfu panda

Ok. So BALPA and WW are having tea and biscuits...

Ok. So BALPA and WW are having tea and biscuits and talking about the weather.
Forum: Terms and Endearment
17th Jun 2020, 08:35
Replies: 2,093
Views: 1,848,922
Posted By kungfu panda

On the other hand, it's odds on that Pilot...

On the other hand, it's odds on that Pilot Salaries will be slashed in the coming days. So if people quoting 70k are idiots then what number would you put on it?
Forum: Terms and Endearment
16th Jun 2020, 19:55
Replies: 2,093
Views: 1,848,922
Posted By kungfu panda

I think that the BACC are scared to death of what...

I think that the BACC are scared to death of what they have to recommend to you. It could cost the existence of BALPA.
Forum: Terms and Endearment
15th Jun 2020, 14:32
Replies: 2,093
Views: 1,848,922
Posted By kungfu panda

That's going to be a fight between yourselves and...

That's going to be a fight between yourselves and BA management because they clearly believe that the market value of your skills is below that which you believe. Fortunately for you, Britain is not...
Forum: Terms and Endearment
15th Jun 2020, 14:13
Replies: 2,093
Views: 1,848,922
Posted By kungfu panda

The point though is that plenty of people will...

The point though is that plenty of people will accept those salaries in order to stay current and in the expectation of the good times returning a few years from now.

If you leave the industry,...
Forum: Terms and Endearment
15th Jun 2020, 13:56
Replies: 2,093
Views: 1,848,922
Posted By kungfu panda

Even if you got the starting salary wrong. You...

Even if you got the starting salary wrong. You hit the nail on the head. They'll just change the starting salary in any case.
This is what will happen unless the current BA crew tow the line. That...
Forum: Terms and Endearment
15th Jun 2020, 10:44
Replies: 2,093
Views: 1,848,922
Posted By kungfu panda

You guys are dreaming as well. Polax has it...

You guys are dreaming as well. Polax has it right. There'll be 1500 experienced longhaul Pilots coming from Emirates, largely European, most of those British. Another several hundred coming out of...
Showing results 1 to 34 of 34


 
Forum Jump

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.