Originally Posted by
Reetmafreen
HA! Reminds me of my next door neighbor back up in Scotland in the mid 70s. He got a serious promotion from “a little more than just a minion” to top level management position. The board felt that someone in such a senior position should have shares in the company, so he was granted some options that he immediately exercised and bought himself a caravan with the proceeds. A few months later his company was bought out by another company and based on the number of shares that he had been granted, had he still held them, would have made him an instant millionaire. We always referred to that caravan as the million pound caravan!
Senors I am not sure about IAG. Most likely it is a better bet than LX which is heading the same way as Swissair in 2001 lol!
But, it is not the best one in this sector. I am long on FR. Si mira aqui.... NYSE: RYAAY, exactamente! I know this is heresy on this board. But I bought two years ago and even NOW the price is higher than when I bought... surely the only major aviation stock to be worth more now than then. More stock equity even with almost all planes grounded! LOL!
When operations resume at higher level and other EU airlines fail, Senor O Leary is correct that FR will clean up, with ultra low CASM and a unique ability to "weather the storm" with various tactics. Also his service may be the only option for many second-tier EU cities after the CO-pocalypse has triggered failure of many medium-sized airlines. For example SN. The BA board may also experience retrenchment as the services decline and fewer people use or care about EC status.
As for BA especifically I hate LHR T5 but I am sad that LGW appears in terminal decline. I prefer using LGW for many years now and BA used to fly to the most fun places in Europe from LGW like AGP and NAP and I think even SKG. I like BA LGW crews they are nice and friendly not stiffupperlip like some LHR crews.