Anyone know why BAY is rising so strongly in spite of all the bad news regarding delayed flights, etc.?
All comments appreciated

i blame that campbell bitch......apparently she spat at a policeman.....the poor guy may have some disease now, lol. fly her out of the country for good as uk has enough problems as it is

Terminal Five fiasco. Long haul fight start on 31 april.BA should change its name to.
CANCELLED or WE CAN LOSE YOUR BAG, AIRWAYS.

at least ba have now banned that ugly campbell bitch for good.....a step in the right direction.

BA Buy tip from Questor in Sunday Telegraph:

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/04/13/cxquest113.xml

UBS say sell.

sell now but look out for a buy at around 210p

brokers target down from 245p to 120p...120p.

from last FRIDAY'S news...... UBS retains a Buy recommendation with a decreased 390p target price, down from 415p.

long in ISA at 217.75p

No good news for BA from UBS...


UBS predicts plunge in British Airways' profits - By Alistair Osborne and Jonathan Russell
Last Updated: 1:08am BST 14/04/2008

British Airways' joint broker UBS has issued the most bearish profits forecasts yet for the airline's next financial year, underlining the challenges facing the flag carrier's embattled chief executive Willie Walsh.

Tim Marshall, aviation analyst at UBS, is forecasting a plunge in operating profits from an estimated 875m in the year to March 2008 to just 242m the following year - way below his previous estimate of 593m.

The downgrading comes as BA faces the first signs of a shareholder revolt over its handling of the opening of Terminal 5 at Heathrow.

The new earnings per share estimate from UBS of just 13.4p to March 2009 - down from 35p - is 180pc below current market consensus and reflects a more pessimistic stance on the impact of rocketing oil prices than BA management.

Mr Marshall is assuming an ongoing oil price of $105 per barrel. "This has further increased our fuel cost by 350m against the assumptions management published at the investor day in March," Mr Marshall wrote in a note to clients.

Whereas BA warned that the fuel bill would increase by 450m in the coming financial year, UBS reckons it will rise by 800m.

The soaring fuel bill adds to the headaches of Mr Walsh, who is already grappling with the chaotic opening of T5 and the threat of a strike by 3,000 BA pilots.

Morgan Stanleys 120p price target is on the low side however if the price of oil is to rise to $170 a barrel then BA 's fuel bill will wipe out any profit.. this is a strong Sell.

In fact sell all airline stocks right now.

mitzy

120p on high side i think you mean then from what you say.

yes, its funny watching main news on tv going on about heathrow most nights.....potential wars going on in world....plus afghanistan, iraq, zimbabwe....belarus has dictatorship.....plus other dictators in world....plus all the violence in uk plus other ecomomic woes....and what do we get......yes, some nonsense about a silly wee terminal.
typical london again who seem to think uk is london. i wouldnt mind so much but where have all me london mates gone to.....australia, spain etc i would imagine like another 5 million brits

Get out while you can scotinvestor and leave old Uk and its dirty street s sell all airline stocks and buy oil stocks.

mitzy,it depends at what price you got in at,i admit the graph looks horrific,
if one can hold we all knbow where the sp will be LONGTERM.

Hi capetown.

the chart is very nasty could be more falls in 2008 best left.

The performance of British Airways reminds me of the demise of British Leyland...... death by a thousand cuts.

Didn't I told you guys to sell BA at 495p last year...see post 20.

I have no interest in these since I have never been a fan of BA especially when Lord King presided many moons ago. Nevertheless, a good call hlyeo98. I expect Richard Branson is having a quiet chuckle.