Skyrocketing Jet Fuel Costs and Possible Shor
#12
Yeah that article definitely won't be winning a Pulitzer prize. Here's a much better article that clearly explains the dilemma
https://www.google.com/amp/s/thepoin...shortages/amp/
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https://www.google.com/amp/s/thepoin...shortages/amp/
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#13
Looks like the Refinery produced $53m in profit and reduced fuel cost per gallon to the Company by 7 cents
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#14
Gets Weekends Off
Joined APC: Jul 2010
Position: window seat
Posts: 12,522
I don't know why people seem to care if the refinery is "profitable" or not. What if DL spun off its HQ into a wholly owned subsidiary and leased it back to itself. Would it be "profitable"? Who cares.
#15
Been ferrying fuel from point A to point B on an increased basis.
Inference would be that regional jet fuel prices are different enough to make this make economic sense, and the regional cost spikes have to be caused by something.
Inference would be that regional jet fuel prices are different enough to make this make economic sense, and the regional cost spikes have to be caused by something.
#16
#17
Can’t find crew pickup
Joined APC: Jun 2021
Posts: 1,944
Been tankering a lot recently too. Seems some areas are short enough to warrant this.
#18
Gets Weekends Off
Joined APC: Jul 2018
Posts: 1,082
Delta Quarterly and Annual Earning report. All available on Delta's Investor Relations page. Does take a bit of digging. Attached data is from the Q1 Earnings report.
Looks like the Refinery produced $53m in profit and reduced fuel cost per gallon to the Company by 7 cents
Sent from my SM-S908U using Tapatalk
Looks like the Refinery produced $53m in profit and reduced fuel cost per gallon to the Company by 7 cents
Sent from my SM-S908U using Tapatalk
#19
Skyrocketing Jet Fuel Costs and Possible Shor
Delta Quarterly and Annual Earning report. All available on Delta's Investor Relations page. Does take a bit of digging. Attached data is from the Q1 Earnings report.
Looks like the Refinery produced $53m in profit and reduced fuel cost per gallon to the Company by 7 cents
Sent from my SM-S908U using Tapatalk
Looks like the Refinery produced $53m in profit and reduced fuel cost per gallon to the Company by 7 cents
Sent from my SM-S908U using Tapatalk
Speaking of reports, United just updated Q2 guidance with TRASM up 23%-25% compared to 2019!
Even with fuel predicted at $4.03 per gallon, they’re expecting 10% margins on 14% less capacity when compared to 2019.
So I have no idea what that journalist in your article was smoking. They were picking and choosing statements/facts from different points in time.
If United with their huge exposure to Asia is still forecasting a 10% margin, with $4.03/gallon then I expect Delta to be 3-5 points higher!
Sounds like Kirby is saying the biggest issue with revenue management and a slowing of bookings is that they’re trying to raise prices fast enough so that they don’t sellout too quickly, but they’re failing at it!
United 8-K:
https://ir.united.com/static-files/8...9-9614c0d331b6