Enter Your Email Address Image source: Getty Images. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Edward Sheldon, CFA | Wednesday, 3rd March, 2021 | More on: IAG Simply click below to discover how you can take advantage of this. Shares in British Airways owner International Consolidated Airlines (LSE: IAG) had a fantastic run in February. During the month, investors piled into ‘reopening’ stocks and this pushed IAG’s share price up from 143p to 192p – a gain of 34% (12-month performance to the end of February was -39%).Is this a stock I should consider for my own portfolio? Let’s take a look at the investment case.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…IAG shares: the bull caseIAG was hit hard by Covid-19 last year and continues to be impacted. Recent full-year results, posted on 26 February, showed that in 2020, passenger capacity was just 33.5% of what it was in 2019. As a result of the disruption, the group posted an operating loss for 2020 of €7,426m versus an operating profit of €2,613m in 2019.Of course, the outlook for IAG is likely to improve this year. Now that vaccinations are being rolled out, we can expect travel to pick up sooner or later. There’s a lot of pent-up demand. This means the airline could potentially return to profit in the not-too-distant future. This would most likely boost the IAG share price.New Covid-19 risksHowever, there are plenty of risks here. While there’s no doubt people want to fly, the recovery may not be straightforward.While vaccines are being rolled out across the world, the emergence of new, more infectious variants of Covid-19 in countries such as Brazil and South Africa has forced many governments to ban all but essential travel. This could potentially impact Europe’s critical summer season.It’s worth noting that, last week, global airline industry body International Air Transport Association (IATA) warned the outlook for airlines had actually weakened since its December forecasts. Due to tightening travel restrictions, it now expects the airline sector to still be bleeding cash by the fourth quarter of 2021.Given the uncertainty in relation to Covid-19, IAG still isn’t providing profit guidance for 2021.Is business travel coming back?There’s also uncertainty over the future of business travel, which is where most large-scale carriers make the highest profits. I don’t know if business travel will ever return to what it was pre-Covid-19 due to the fact that a) technology has shown it’s possible to have meetings online and b) companies are trying to reduce their carbon footprints.“Business travel could be the big ‘if’ for 2021 and 2022 as companies realise that web conferencing calls using Zoom or other platforms could be more productive than spending hours on a plane to different countries for quick meetings,” said AJ Bell’s Russ Mould recently.Airline stock risksFinally, it’s worth pointing out history shows that airlines tend to be poor long-term investments. The industry is very capital intensive, and there are many things that can go wrong. You don’t see top UK investors like Terry Smith and Nick Train buying airline stocks. They steer well clear.My view on IAG sharesI think IAG shares have the potential to keep rising in the near term. If the prospects for the travel industry improve, IAG could benefit.But this isn’t a stock I’d buy for my portfolio. There are simply too many risks and, historically, airline stocks haven’t been good long-term investments. All things considered, I think there are better stocks I could buy. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Are you on the lookout for UK growth stocks?If so, get this FREE no-strings report now.While it’s available: you’ll discover what we think is a top growth stock for the decade ahead.And the performance of this company really is stunning.In 2019, it returned £150million to shareholders through buybacks and dividends.We believe its financial position is about as solid as anything we’ve seen.Since 2016, annual revenues increased 31%In March 2020, one of its senior directors LOADED UP on 25,000 shares – a position worth £90,259Operating cash flow is up 47%. (Even its operating margins are rising every year!)Quite simply, we believe it’s a fantastic Foolish growth pick.What’s more, it deserves your attention today.So please don’t wait another moment. Our 6 ‘Best Buys Now’ Shares Get the full details on this £5 stock now – while your report is free. Like this one… See all posts by Edward Sheldon, CFA IAG’s share price is rising. Should I buy the stock now? I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. FREE REPORT: Why this £5 stock could be set to surge
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Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Business News Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Name (required) Mail (required) (not be published) Website Subscribe First Heatwave Expected Next Week 12 recommended0 commentsShareShareTweetSharePin it Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena More Cool Stuff Make a comment EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Community News Religious Music Pasadena Presbyterian Church’s Aeolian-Skinner Pipe Organ Article and Photos courtesy of PASADENA PRESBYTERIAN CHURCH Published on Tuesday, February 2, 2016 | 1:03 pm Your email address will not be published. Required fields are marked * Top of the News Herbeauty5 Things To Avoid If You Want To Have Whiter TeethHerbeautyHerbeautyHerbeauty6 Fashion Trends You Should Never Try And 6 You’ll LoveHerbeautyHerbeautyHerbeauty12 Most Breathtaking Trends In Fashion HistoryHerbeautyHerbeautyHerbeautyDo You Feel Like Hollywood Celebrities All Look A Bit Similar?HerbeautyHerbeautyHerbeauty9 Of The Best Metabolism-Boosting Foods For Weight LossHerbeautyHerbeautyHerbeautyEase Up! Snake Massages Are Real And Do Wonders!HerbeautyHerbeauty faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Community News Main organ façade pipesThe Harry and Helen Ehrich Organ at Pasadena Presbyterian Church is one of the largest and finest instruments of its kind in Southern California. It plays a major leadership role in English-language worship and is used in Korean-language worship, as well. The organ is also one of Southern California’s most important teaching instruments and is used several times each year for organ recitals as part of the church’s Friends of Music series.Built by the Æolian-Skinner company of Boston, and recently renovated by local organ builder Robert Turner and the Schantz Organ Company of Orville, Ohio, the organ includes more than 6,000 separate pipes arranged in 111 ranks (or “sets”) and is an excellent example of the “American Classic” school of organ design. An American Classic organ design attempts to include sounds suitable for the performance of music from the various historic and national schools of organ compositions in one large, comprehensive instrument.This organ was built for PPC’s 1908 sanctuary and replaced an older instrument built by the Murray Harris firm of Los Angeles. It was designed in the late 1940’s by G. Donald Harrison of the Æolian-Skinner Company and then-organist David Craighead. In 1947 the four-manual console was purchased, but funding for the pipework was preempted by the building of the Parish House and Freeman Chapel. For almost fifteen years this new console was used to play the old Murray Harris organ.View of the four-manual consoleIn 1961 the new organ was finally installed—108 ranks—with some revision of the original stop list by Joseph Whiteford, president of Æolian-Skinner, and Robert Prichard, PPC’s organist at that time. The new organ included the large main organ, much as it is now installed, along with a small “echo organ” of 14 ranks in the rear gallery of the church. Most of these echo pipes were retained from the old Murray Harris organ, as was the 32-foot Flute Ouverte, part of the main organ’s pedal division.The organ was a gift of Della O. Martin, a Pasadena resident who had attended PPC as a child. Upon reading in the Pasadena Star News that PPC had signed a contract with Æolian-Skinner for a new organ, “Miss Della” announced that she wanted to purchase the instrument for the church. A delighted congregation gratefully received her gift and named the organ in her honor. Since its installation, the organ has been used in hundreds of recitals played by prominent local and internationally known musicians, and on more than a thousand radio and television broadcasts played by Mr. Prichard and his successors.The 1971 Sylmar earthquake badly damaged the church’s 1908 sanctuary, but the organ was salvaged and stored while the congregation built the present sanctuary. In the mid-1970s the organ was reinstalled in PPC’s current sanctuary by Casavant Frères of Montreal, and an additional 2.5 ranks of new pipes were built to create the striking façade. The organ currently bears the names of the donors who made this reinstallation possible, Harry and Helen Ehrich.Echo organIn 2002–2003 a successful campaign was undertaken to fund the completion of the organ and to do much-needed mechanical restoration and overhaul of parts of the organ that show signs of wear and decay over time. More than 175 individuals made three-year pledges and one-time gifts as part of this effort. Special gifts were given by John and Elizabeth Herrick, whose generosity made possible the reinstallation of the Echo organ pipes in the rear of the sanctuary, and by Herb and Elizabeth Hezlep, whose kind support made possible the addition of a Trompette-en-chamade (horizontal trumpet) stop in the re-installed Echo organ. Several foundations contributed to the organ endowment fund; a very generous grant from the Ahmanson Foundation brought us to our campaign goal of $350,000.The pipes for the Echo organ, which were re-installed by the Schantz organ company, are now visible at the rear of the balcony. During the summer of 2003, the releathering of the organ and rebuilding of the console were also completed. The newly rebuilt instrument was formally rededicated in a recital and a special worship service on November 1 and 2, 2003.For more information about the PPC Aeolian-Skinner Pipe Organ, visit ppcmusic.org/pipe-organ.