Spirit and Frontier… just the beginning
03-09-2022 | 07:35 AM
#491
Brain Damaged
Joined: Aug 2011
Posts: 95
Likes: 19
OTZ,
In an increasing oil cost environment, does continuing the MAX deliveries and gaining more fuel efficient aircraft to replace buses and NGs make more sense or will the acquisition costs me a bridge too far in that environment?
In an increasing oil cost environment, does continuing the MAX deliveries and gaining more fuel efficient aircraft to replace buses and NGs make more sense or will the acquisition costs me a bridge too far in that environment?
03-09-2022 | 10:20 AM
#492
Banned
Joined: May 2018
Posts: 1,241
Likes: 0
If oil stays where it is or goes higher, it’s about one thing… survival. Cash is king, the initial capital costs of any merger are significant and would detour any from taking place. Maybe on the back side, on the way out
Last edited by OTZeagle1; 03-09-2022 at 10:54 AM.
03-09-2022 | 10:25 AM
#493
Banned
Joined: May 2018
Posts: 1,241
Likes: 0
All MAX aircraft will still come. Airbus may go away more quickly. Right now that would negatively change future hiring over the next 24 months by about 400. That’s likely worst case. We are100% going to use this time to go single fleet.
Last edited by OTZeagle1; 03-09-2022 at 10:48 AM.
03-09-2022 | 10:32 AM
#494
Banned
Joined: May 2018
Posts: 1,241
Likes: 0
And I gave everyone SFO before there was even a whisper about it. Everyone thought I was crazy until the VP of FO starting saying, “we haven’t made a decision yet on SFO.” It’s funny because those rumblings have just started again over the last couple of days…. A lot quieter then last time, but they have started.
If you are so confident about your clock argument… prove it. I have a lot of posts. Look through them and prove your argument. Don’t just throw a generic unsubstantiated statement out there.
Last edited by OTZeagle1; 03-09-2022 at 10:49 AM.
03-09-2022 | 02:52 PM
#495
Gets Weekends Off
Joined: Jun 2010
Posts: 7,573
Likes: 283
From: DOWNGRADE COMPLETE: Thanks Gary. Thanks SWAPA.
03-09-2022 | 04:39 PM
#496
On Reserve
Joined: Apr 2020
Posts: 91
Likes: 13
.02c
Just random musings while we wait... My opinion; both oil production and consumption is a global and nearly zero sum game. If it makes anyone feel any better, China imports about 7 million barrels per year... Russia exports 5 million barrels per year. I know who I would bet on in buying Russian oil... Point being, if China shifts to Russia as their major supplier of crude, there will be a global shift, and the market will stabilize.
Long story short, the oil market will fix itself as it always has. Once the market makers have skimmed their share of profits. My guess is $80 oil by next fall.
Fun with numbers...
S
Long story short, the oil market will fix itself as it always has. Once the market makers have skimmed their share of profits. My guess is $80 oil by next fall.
Fun with numbers...
S
03-09-2022 | 04:42 PM
#497
Gets Weekends Off
Joined: Sep 2021
Posts: 274
Likes: 1
Just random musings while we wait... My opinion; both oil production and consumption is a global and nearly zero sum game. If it makes anyone feel any better, China imports about 7 million barrels per year... Russia exports 5 million barrels per year. I know who I would bet on in buying Russian oil... Point being, if China shifts to Russia as their major supplier of crude, there will be a global shift, and the market will stabilize.
Long story short, the oil market will fix itself as it always has. Once the market makers have skimmed their share of profits. My guess is $80 oil by next fall.
Fun with numbers...
S
Long story short, the oil market will fix itself as it always has. Once the market makers have skimmed their share of profits. My guess is $80 oil by next fall.
Fun with numbers...
S
03-09-2022 | 07:16 PM
#499
Banned
Joined: May 2018
Posts: 1,241
Likes: 0
The market will work through this. High oil prices will at some point cause a recession which would also drop the price of oil back to sustainable levels.
And there we will be negotiating another contract during a recession 🙄
And there we will be negotiating another contract during a recession 🙄
Last edited by OTZeagle1; 03-09-2022 at 07:57 PM.
