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http://www.freelancedirectory.org/?name=Julian.Bray.aviation.comment

Julian Bray provides: Opinion, comment, forward thinking speculation on Travel, Cruise & Aviation: conflict zones, terrorist impact, drone (UAV) issues, safety (black boxes, emergencies), airline operations, aviation finance, political implications, and all forms of incident risk. Worked at board level with several airline and aviation groups, including Alitalia, British Island Airways, British Airways, Galileo , British Aerospace, Skyways, former CEO City firm Leadenhall Assoc. Founder CNS City News Service. Director NTN Television News (joint co. with ITV Wales TWW) Debretts People 2017 and in launch edition of PRWeek Black Book.

Direct links to a selection of television and radio contributions can be found at foot of this page. Scroll down.

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Friday, 24 February 2017

WILLIE WALSH (IAG) SMILES AGAIN WITH A LITTLE HELP FROM CHEAPER FUEL & PRUDENT HOUSEKEEPING BUT 'MIXED FLEET' CABIN CREW STRIKES CONTINUING...





The owner of the British Airways  (BA)brand International Airlines Group (IAG) said it is to return 500 million euros ($529 million) to investors after reporting higher annual profits on Friday, helped by lower fuel costs and internal cost-cutting. The currency slump - devaluation of the £sterling, clearly not helping matters. BA in the UK is currently facing  waves of cabin staff strikes and industrial action from its 'mixed fleet' [allegedly] lower paid recenrtly recruited employees.

Europe's largest airline groups Willie Walsh hoping for continuing open skies agreement post Brexit.  IAG annual operating profit rose 8.6 percent to 2.5 billion euros, in line with expectations, sending shares up 2 percent. IAG expected higher profits this year.

IAG's British Airways transatlantic business, currently based at London's Heathrow, held up well compared to Europe's highly competitive budget market. London Heathrow has last Friday reported record passenger throughput during 2016.


Walsh said that across IAG he expected 2.5 percent capacity growth in 2017, with Irish airline Aer Lingus expected to grow  at a faster rate than British Airways. For 2016, operating profit before exceptional items rose despite revenue slipping by 1.3 percent to 22.57 billion. Benefitting from a lower fuel prices and deep cut cost savings, all contributing.

IAG suffered from adverse currency rates to the tune of 460 million euros triggered by a slump in the British pound sterling following Britain's June 23 vote to leave the European Union. Fund managers now going long on the dollar, although one bank Nomura says this position might well be reversed by the year end in December.

"IAG has reported solid and in-line Q4 and (2016) earnings despite a tough yield environment and currency headwinds," claimed analysts at Cantor Fitzgerald.

Analysts equqqlly expect IAG, which also owns Spain's Iberia, to achieve a 2017 profit of 2.5 billion euros, in line with this year.

IAG said it planned to carry out a share buyback of 500 million euros this year, and announced a final dividend of 12.5 euro cents per share. ($1 = 0.9459 euros)

Source: CNS, IAG, Reuters, Ratnews




JULIAN BRAY +44(0)1733 345581, Journalist & Broadcaster, Aviation Security & Airline Operations Analyst/expert, www.freelancedirectory.org?name=Julian.Bray.aviation.comment    Travel / Maritime & Cruise Industry, NUJ, EQUITY, LIVE ISDN LINK, Broadcast ISDN COOBE ++44 (0)1733 345020 e&oe Old faithful NOKIA: 07944 217476 www.aviationcomment.com
 
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"Adept at holding national and international politicians and business people to account, has a 'Marmite' but considered approach to politics and always well prepared" Iain Wilson

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TELEVSION AND RADIO LIVE INTERVIEWS AND CONTRIBUTIONS

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RUSSIA METROJET, GERMANWINGS, MH17 INCIDENTS and other RECENT TV NEWS & RADIO AUDIO FEEDS

LASER PENS BBC NEWS

Amelia Erhart Mystery BBC Wales

http://www.bbc.co.uk/programmes/b08rg0nx

Julian Bray Radio Podcasts

http://talkradio.co.uk/julian-bray

https://www.youtube.com/watch?v=weCHZDsnpEI

https://audioboom.com/boos/5133360-easyjet-results-with-aviation-expert-julian-bray

https://www.rt.com/op-edge/360687-military-intel-mh17-include/ September 2016

#BorisJohnson 'right for all the wrong reasons' to dismiss Heathrow, says @JULIANBRAY - bit.ly/2cunT2Z pic.twitter.com/Jw3PwFOasm

http://www.abc.net.au/radionational/programs/breakfast/russian-airline-rules-out-mechanical-failure-or/6907142

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http://www.pri.org/stories/2012-01-16/why-modern-navigational-technology-didnt-prevent-costa-concordia-accident

https://twitter.com/VictoriaLIVE/status/661125924432146432

http://rinf.com/alt-news/tag/julian-bray/

http://www.marketplace.org/2012/01/16/business/cruise-ship-industry-impacted-disaster

http://www.pri.org/stories/2012-01-16/why-modern-navigational-technology-didnt-prevent-costa-concordia-accident

https://www.youtube.com/watch?v=yiKsLJxc6WA

https://soundcloud.com/julian-charles-braybray

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https://youtu.be/yiKsLJxc6WA?t=1m12s

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http://www.itnsource.com/shotlist//ITN/2012/03/05/T05031202/http://www.itnsource.com/en/shotlist/ITN/2010/11/04/T04111005/#videoPopUpDiv

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https://www.rt.com/op-edge/323287-su24-fighter-russia-turkey-syria/ Scroll down final VT

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http://www.cbc.ca/i/caffeine/syndicate/?mediaId=2685621754 AIR DUBAI CRASH MARCH 2016 Television 2-way with CBC Canada via 'upmarket' SKYPE

https://ca.news.yahoo.com/video/plane-circled-airport-bad-weather-110053170.html AIR DUBAI CRASH 19/03/2016 Julian Bray first reaction

https://audioboom.com/boos/4368310-is-the-aerospace-sector-in-trouble-julian-bray-discusses-as-boeing-plans-to-cut-thousands-of-jobs

Julian Bray Broadcaster Radio Podcasts Selection