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Originally Posted by Tailhookah
(Post 2635707)
It was said many years ago when the refinery was bought that it wasn’t just going to benefit Delta but most others also. The main benefit was lowering and smoothing the crack spread which had been out of control. Trainer was to add stability to the jet fuel market. Which it has. It has also allowed Delta to partially eliminate that in our plan. It has done that while turning a profit. Note the last line in the article.
I am a pilot. Not an airline exec. But even I can see that Trainer has been a success. https://www.reuters.com/article/us-d...-idUSKBN16L24H |
GOL isn’t cutting flying. In fact...
https://www.flightglobal.com/news/articles/farnborough-gol-grows-737-max-orderbook-450303/ http://ri.voegol.com.br/default_download.asp?NArquivo=GOL%20Increases%20B7 37%20MAX%20Order%20to%20135%20-%2016July201809h00.pdf&arquivo=DE01A2CC-5393-466F-B518-3E27516F6EFA |
Originally Posted by sailingfun
(Post 2635711)
note the last line in the article.
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Originally Posted by forgot to bid
(Post 2634213)
Okay it pays less? How about that?
You want your LGBp, I want my 319neos, neither is happening. But oh well. https://cdn.airplane-pictures.net/im.../31/877615.jpg |
Originally Posted by Bucking Bar
(Post 2635935)
Airbus Underboob! |
The plant’s manager told employees last year that refinery losses were offset by savings for the airline in jet fuel prices, saying the company was going to continue to maximize jet fuel production in the New York market to keep pressure on prices. “This negatively impacts our refinery economics, but greatly helps reduce Delta’s fuel cost,” refinery manager Jeff Warmann wrote then. |
Originally Posted by Tailhookah
(Post 2636002)
Only the bean counters know the real story. But the quote above makes my argument correct. But there are also quotes that break it down. Time will tell. How much it’s reduced the crack spread I think is the key. How much? Ask the bean counters.
I do find it interesting that pilots who will argue that virtually every management statement is a outright lie or at best a half truth will take every management comment on the refinery as gospel. Especially considering admitting it was a mistake reflects negatively on the management team. |
Originally Posted by Bucking Bar
(Post 2635935)
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Originally Posted by sailingfun
(Post 2636043)
The catch is that it’s reducing everyone’s fuel cost but Delta assumes all the liability, especially environmental. Employees at the plant were and are concerned Delta may shut it down.
I do find it interesting that pilots who will argue that virtually every management statement is a outright lie or at best a half truth will take every management comment on the refinery as gospel. Especially considering admitting it was a mistake reflects negatively on the management team. |
Originally Posted by Mesabah
(Post 2633383)
In the past yes, but this cycle is due to impending sanctions, which, after Congress flips, will be off the table.
https://www.theguardian.com/world/20...-rouhani-trump The Saudi's need to pump 12.5m/bbl, when their record is 10.7m. |
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