Impact of vaccine announcement on BA
Nov 9, 2020, 6:30 am
#1
Original Poster
Join Date: Jun 2013
Location: UK
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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!
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!
Nov 9, 2020, 6:31 am
#2
Join Date: Oct 2019
Programs: BAEC Silver, Volare Executive / Skyteam Elite+
Posts: 672
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)
Nov 9, 2020, 6:35 am
#3
Join Date: Apr 2012
Location: LON
Programs: Mucci, BAEC, Eurostar
Posts: 3,292
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.
Nov 9, 2020, 6:43 am
#4
Join Date: Oct 2015
Programs: BA Gold for Life
Posts: 1,390
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.
My next BA flight is to Barbados in late May and I am much more confident today that I will be taking it.
Nov 9, 2020, 6:44 am
#5
Join Date: Jul 2010
Programs: BD Silver, HH Gold, BA Silver, CX Gold
Posts: 443
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
Nov 9, 2020, 6:49 am
#6
Join Date: Apr 2015
Posts: 1,354
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
Nov 9, 2020, 6:51 am
#7
FlyerTalk Evangelist
Join Date: Jul 2002
Location: SE1, London
Posts: 23,435
For BA the Govt steps on airport testing, reduced quarantine and indeed removal of the travel ban are more important short term measures.
Last edited by Swanhunter; Nov 9, 2020 at 7:07 am
Nov 9, 2020, 6:58 am
#8
Join Date: May 2014
Posts: 7,237
110% agree. Airport testing, ditching the "travel corridors" and having clarity for the post-Brexit world are the keys for the UK air transport industry right now. If they don't nail them there won't be much left to cheer the arrival of the vaccine.
Nov 9, 2020, 7:01 am
#9
Moderator, Iberia Airlines, Airport Lounges, and Ambassador, British Airways Executive Club
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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.
Nov 9, 2020, 7:29 am
#10
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Programs: Mucci. Nothing else matters.
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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.
Nov 9, 2020, 7:31 am
#11
Join Date: Oct 2016
Posts: 698
Nice that IAG is up. On the other hand, Amazon, Zoom and Netflix down.
Nov 9, 2020, 7:37 am
#12
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Happy to be over 70 in this scenario! BUT ... all will depend on how destination Nations handle the concept of ‘This passenger is immune’, and what documentation will be needed.
Nov 9, 2020, 7:42 am
#13
Join Date: May 2003
Location: DEL
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Nov 9, 2020, 7:51 am
#14
Original Poster
Join Date: Jun 2013
Location: UK
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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.
Nov 9, 2020, 7:51 am
#15
Join Date: Apr 2019
Location: London
Posts: 192
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
Last edited by Cookoovaya; Nov 10, 2020 at 3:34 am