Originally Posted by
PorkyMcFuzz
Without getting political about who’s fault things are, it certainly seems like things are on a knife edge right now. If it does get as bad as some are saying it is about to, well, let’s just say I hope you aren’t on the bottom end of a seniority list where ever you may be. The music could stop violently fast for regional and major hiring.
$300 crude barrel + huge drop in demand for flying + high cost to fly a jet once fuel hedging is dried up + panic by airlines = furlough town my friends.
I’ve seen some market analysts suggest 300 a barrel is on the low side of where things could go. Add a war that the US and UK are forced into via NATO, which again, many are saying is a case of “when” and on “if” …and we got trouble in paradise folks.
Hopefully this entire thing is solved with diplomacy but holy smokes, this has the potential to be a killer for aviation in the near term if things don’t become stable soon
Man I really hope this stuff gets figured out soon. After Covid throwing us all for a disastrous loop these past few years I was really looking forward to a bit of stability, even just for a few months!! It’s too soon for another downturn. It’s starting to feel like 2008 again.