Originally Posted by
chrisreedrules
Thats a lot of caveats. Gas won't be cheap forever. Pilot supply is already showing signs of drying up. It isn't about cheap gas and pilots. 50 seaters aren't as profitable.
Today, the oil futures for DEC 2024 are still at $47.5/barrel. Those 50 seaters will fly as long as the airframes have cycles and pilots.
I was pretty excited when I saw the CI's creep up to 30, and now a few months later, I'm seeing CI's in the 40+