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Old 02-08-2021 | 05:30 AM
  #311  
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Default The elephant in the room

Told ya so #2? Nah, I will still wait 'til summer when oil hits $100+ a barrel and they start parking 50-seaters in the desert just like they did during the Obummer admin.

https://www.msn.com/en-us/money/mark...ar/ar-BB1duweQ

But “it is hard to escape the elephant in the room which is that these higher prices could well act as a brake on consumer demand, prompting demand destruction, and snuffing out any nascent recovery,” said Michael Hewson, chief market analyst at CMC Markets, in a note to clients.
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Old 02-08-2021 | 06:43 AM
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Originally Posted by WhiskyWhisky
Told ya so #2? Nah, I will still wait 'til summer when oil hits $100+ a barrel and they start parking 50-seaters in the desert just like they did during the Obummer admin.

https://www.msn.com/en-us/money/mark...ar/ar-BB1duweQ

But “it is hard to escape the elephant in the room which is that these higher prices could well act as a brake on consumer demand, prompting demand destruction, and snuffing out any nascent recovery,” said Michael Hewson, chief market analyst at CMC Markets, in a note to clients.
We can't base every policy decision off of the narrow interest of the 50 seat airline business. Furthermore, they've been on the ropes for years anyway, the airlines always want more efficient and customer friendly aircraft, regardless of oil price. American retired the MD80s during Trump's reign of gold and glory because they were more expensive than other aircraft to operate.
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Old 02-08-2021 | 07:07 AM
  #313  
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Originally Posted by WhiskyWhisky
Told ya so #2? Nah, I will still wait 'til summer when oil hits $100+ a barrel and they start parking 50-seaters in the desert just like they did during the Obummer admin.

https://www.msn.com/en-us/money/mark...ar/ar-BB1duweQ

But “it is hard to escape the elephant in the room which is that these higher prices could well act as a brake on consumer demand, prompting demand destruction, and snuffing out any nascent recovery,” said Michael Hewson, chief market analyst at CMC Markets, in a note to clients.
Can you let me know when you retire? Because that's the day I might consider a return to AW
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Old 02-08-2021 | 07:16 AM
  #314  
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Originally Posted by 3rdtimesacharm
Can you let me know when you retire? Because that's the day I might consider a return to AW
https://www.cnbc.com/2021/02/04/crude-oil-at-one-year-highs-is-just-one-problem-airlines-face-analyst.html

Facts are hard to swallow. Emotional utopias wash down easily.
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Old 02-08-2021 | 07:31 AM
  #315  
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Originally Posted by WhiskyWhisky
https://www.cnbc.com/2021/02/04/crude-oil-at-one-year-highs-is-just-one-problem-airlines-face-analyst.html

Facts are hard to swallow. Emotional utopias wash down easily.
It's not necessarily the information, which itself is mostly conjecture. It's the method of delivery. You can be the most factually correct person on the planet, if you are a tool nobody will want to sit in a cockpit with you.
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Old 02-08-2021 | 08:07 AM
  #316  
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Originally Posted by 3rdtimesacharm
It's not necessarily the information, which itself is mostly conjecture. It's the method of delivery. You can be the most factually correct person on the planet, if you are a tool nobody will want to sit in a cockpit with you.
A Tool? For slamming the door closed on climate change utopias in order to save my job, and ironically, your job too? Then so be it, I'm a proud Tool.
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Old 02-08-2021 | 08:33 AM
  #317  
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Originally Posted by WhiskyWhisky
A Tool? For slamming the door closed on climate change utopias in order to save my job, and ironically, your job too? Then so be it, I'm a proud Tool.
Obviously so. I'm glad I will never have to sit in the right seat of any airplane you fly.
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Old 02-08-2021 | 09:00 AM
  #318  
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Originally Posted by 3rdtimesacharm
Obviously so. I'm glad I will never have to sit in the right seat of any airplane you fly.
you give him too much credit, he’s a sub 3 yr FO...
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Old 02-08-2021 | 09:22 AM
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Originally Posted by RabidW0mbat
you give him too much credit, he’s a sub 3 yr FO...
Impressive, it usually takes 15+ years to reach this level of disconnect with reality.
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Old 02-08-2021 | 09:43 AM
  #320  
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The price of a barrel will be over $100 by the end of the year. The result of the price increase and actions to be taken from UA is still up in the air, but some of you are completely arrogant to think the price of oil is not on track to increase dramatically.

It’s not just the current administration aggressively reducing supply.

https://www.reuters.com/article/us-global-oil-inventories-graphic-idUSKBN29F06D

The result for increased prices will push the effort for more renewable energy productions naturally. This will also increase revenue from sales tax to help our debt burden as well.

https://taxfoundation.org/oil-industry-taxes-cash-cow-government/

If you’re an Airbus A220 driver, you don’t mind any of this. On the contrary if you’re a CRJ200 driver flying gas guzzling overhauled turbine engines, you SHOULD be worried.

Last edited by LAXtoDEN; 02-08-2021 at 10:02 AM.
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