Recent problems with the new T5 Terminal at Heathrow have resulted in more problems for BA when will they recover their No1 position.

People are tightening their belt and not going for holidays. Furthermore, BA fares are not competitive enough. So I think it will plummet in this economic weather.

Well its taken 6 months from April when I started this thread but the chart is now negative and BAY will continue to fall as the economy falters I will buy around 120p.

Yes, between 100p - 120p. It is 164p now

Perhaps the latest revenues published 40 mins ago are so bad the only way is up from here..!

Mitzy and hyleo, you guys are right from several months ago, IMO BA should go down to 120p next week.



British Airways warns of risks ahead
MoneyAM


British Airways said this afternoon that some risk now surrounds its full-year revenue forecasts as demand for long-haul premium traffic had worsened amid the global economic downturn. The carrier said its load factor slipped to 74% in the period.

The carrier said in a statement that long-haul premium traffic which includes the key London-New York corporate routes, had softened since the summer and that forward bookings had been hit by the downturn.

'Forward bookings are being affected by the increased anxiety in financial markets and by the uncertain economic outlook,' the company said in a statement.

'Revenue forecasts for the year carry some risk, although current good yields and the stronger dollar are broadly offsetting the volume impact,' it added.

BA said its target for the year to March 2009 was still to break even at the operating level.

The group said passenger traffic for September fell 4.8% year-on-year, including an 8.6% fall in premium flyers.

That delivered a load factor, a measure of how well it fills its planes, down 4.3 percentage points at 74%.

A profit warning if ever I saw one.

Its going to be a long hard winter.

120P SOON

Judging from the chart 99p soon.

Let's go for it then, mitzy.

Great,when and if it gets to 99 or probably less i will be filling my boots,long term its going to be a winner

With Easyjet and Ryanair around, i doubt it.

WHO?

CAPETOWN WHO IS BULLISH , DOWN , it must hurt.

Not at all,i got in way back at 99p,only bit that hurts is not selling on the highs,but very happy to hold and add along the way.

Touched 105p for a while .

Going sub 100p next week.

2003 at 99P

I agree sub 100p is a poss next week.

hlyeo,which week,so i can buy some more?

Sub 200p soon,!!!!