Originally Posted by
TANSTAAFL
Any word on DTW DC9? Will this be a net loss for MSP and MEM or other flying coming in?
If fuel prices go anywhere near they are predicted to go, the DC9 is going to be an incredibly expensive airplane to operate.
It has outlived all the previous predictions of it's demise, but at some point it is going to not make any sense to operate it.
Oil demand increasing at almost twice the pace of supply is spurring the most-accurate forecasters to predict the second-highest price on record in 2011.
Sanford C. Bernstein & Co., whose estimate last January was within 1 percent of 2010’s mean price of $79.60 a barrel, says crude will average $90 this year. Natixis Bleichroeder Inc., which tied with Bernstein, sees $100 a barrel, 26 percent higher than in 2010. Global oil use will increase 1.7 percent to a record 87.8 million barrels a day this year, and output will rise 0.9 percent, according to the U.S. Energy Department.