Impact of vaccine announcement on BA
I see the IAG share price is currently trading +30% on the day. The vaccine data is suggested to show 90% effectiveness (probably 87 cases in the placebo group and 7 in the vaccine group) and final safety data expected by 3rd week in November.
Hoping for something approaching a quick return to more flights for BA and Heathrow, but realistically going to be long into 2021 or beyond I suppose. Anyway, I am not claiming to have much insightful to say except that I really hope that in the end if we see the outcome the markets are clearly expecting, we will all remember the scientists, doctors, pharma companies and healthcare workers who got us out of this horrible mess. In the meantime, stay safe and well! |
I was wondering where the spike in share price came from. The pessimist in me wonders if it's a signal to crystalise but I'll probably hold on (not that I have many anyway)
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A lot of it depends on government reactions around the world, the biggest cause of low flight levels at the moment is coming from lockdowns and shut borders. It's a bit too early to see an impact.
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Confidence is a major factor. If people believe that vaccines are likely to be successful they will book BA flights for next Summer.
My next BA flight is to Barbados in late May and I am much more confident today that I will be taking it. |
Great if you work in a care home, live in a care home, 65+, are a high risk under 65 I'd say. For everyone else still a long way back of the queue
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Originally Posted by Sprodo
(Post 32806903)
Great if you work in a care home, live in a care home, 65+, are a high risk under 65 I'd say. For everyone else still a long way back of the queue
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Originally Posted by Sprodo
(Post 32806903)
Great if you work in a care home, live in a care home, 65+, are a high risk under 65 I'd say. For everyone else still a long way back of the queue
For BA the Govt steps on airport testing, reduced quarantine and indeed removal of the travel ban are more important short term measures. |
Originally Posted by Swanhunter
(Post 32806919)
For BA the Govt steps on airport testing, rescued quarantine and indeed removal of the travel ban are more important short term measures. |
As a point of information, HMG has already paid an undisclosed amount for 30 million doses of the Pfizer mRNA-based vaccine candidate, BNT162b, two doses needed per person, so 15 million people. 10 million doses were due for delivery in 2020, the rest in Q1 2021. Various caveats apply, not least safety licensing.
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Originally Posted by corporate-wage-slave
(Post 32806951)
As a point of information, HMG has already paid an undisclosed amount for 30 million doses of the Pfizer mRNA-based vaccine candidate, BNT162b, two doses needed per person, so 15 million people. 10 million doses were due for delivery in 2020, the rest in Q1 2021. Various caveats apply, not least safety licensing.
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Nice that IAG is up. On the other hand, Amazon, Zoom and Netflix down.
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Originally Posted by Sprodo
(Post 32806903)
Great if you work in a care home, live in a care home, 65+, are a high risk under 65 I'd say. For everyone else still a long way back of the queue
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Originally Posted by Globaliser
(Post 32807009)
One caveat appears to be that Pfizer thinks it can manufacture 50 million doses this year, presumably equating to 25 million "shipsets",
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Originally Posted by corporate-wage-slave
(Post 32806951)
As a point of information, HMG has already paid an undisclosed amount for 30 million doses of the Pfizer mRNA-based vaccine candidate, BNT162b, two doses needed per person, so 15 million people. 10 million doses were due for delivery in 2020, the rest in Q1 2021. Various caveats apply, not least safety licensing.
An awfully long way to go but this appears to be some unadulterated good news. Thank God, we needed it. |
Originally Posted by andymcdonnell
(Post 32806916)
Agree that any vaccine will likely be given to elderly / vulnerable (and maybe healthcare workers) first. But ultimately the reason we’re all cocooning, isolating etc is to protect these groups. If suddenly they’re regarded as “safe” I can see governments having a very different response
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