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Old 06-04-2012, 04:49 AM
  #102781  
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March 4, oil at $105 a barrel. June 4, oil at $82. Think I read somewhere that DAL saves $100 million on fuel costs for every $1 drop in the cost of a barrel.

CRUDE OIL PRICE: Oil | Energy | Petroleum | Oil Price | Crude Oil Charts | Oil Price Forecast

You do the math.
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Old 06-04-2012, 04:54 AM
  #102782  
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Originally Posted by crewdawg52 View Post
March 4, oil at $105 a barrel. June 4, oil at $82. Think I read somewhere that DAL saves $100 million on fuel costs for every $1 drop in the cost of a barrel.

CRUDE OIL PRICE: Oil | Energy | Petroleum | Oil Price | Crude Oil Charts | Oil Price Forecast

You do the math.

That's called PROFIT SHARING baby!
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Old 06-04-2012, 05:01 AM
  #102783  
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Originally Posted by gloopy View Post
I bet Lorenzo faps to that picture.
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Old 06-04-2012, 05:27 AM
  #102784  
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Originally Posted by crewdawg52 View Post
March 4, oil at $105 a barrel. June 4, oil at $82. Think I read somewhere that DAL saves $100 million on fuel costs for every $1 drop in the cost of a barrel.

CRUDE OIL PRICE: Oil | Energy | Petroleum | Oil Price | Crude Oil Charts | Oil Price Forecast

You do the math.
Thats the real reason Delta wants a quick agreement. They know you won't accept the 33% reduction in profit sharing in a year or two when profits are up.
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Old 06-04-2012, 05:37 AM
  #102785  
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Originally Posted by mynameisjim View Post
Thats the real reason Delta wants a quick agreement. They know you won't accept the 33% reduction in profit sharing in a year or two when profits are up.
Oil went from the $140's to the mid $40's a few years back. How much profit sharing was paid out then? I recall a whole bunch of furloughs from most airlines during that time.

If oil goes to $25/bbl we've got a whole different set of problems. Nobody is going to be talking about profit sharing, growth or upsides.
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Old 06-04-2012, 05:37 AM
  #102786  
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Originally Posted by mynameisjim View Post
Copy and paste the article title into Google News, click the link, and it's free. wsj and google have an agreement.

Hmmmmm why would the WSJ outsource their work like that? If I were the author I'd be ****ed.. think of the money I am losing. Must have ALPA as their negotiators..
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Old 06-04-2012, 05:39 AM
  #102787  
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Originally Posted by mynameisjim View Post
Thats the real reason Delta wants a quick agreement. They know you won't accept the 33% reduction in profit sharing in a year or two when profits are up.
Funny stuff right there....
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Old 06-04-2012, 05:49 AM
  #102788  
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When will we be able to vote on this TA. For some reason I thought we could do it now.

Thanks
BFS
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Old 06-04-2012, 06:00 AM
  #102789  
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crewdawg52, I just sent you a PM.
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Old 06-04-2012, 06:05 AM
  #102790  
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Originally Posted by slowplay View Post
Oil went from the $140's to the mid $40's a few years back. How much profit sharing was paid out then? I recall a whole bunch of furloughs from most airlines during that time.

If oil goes to $25/bbl we've got a whole different set of problems. Nobody is going to be talking about profit sharing, growth or upsides.
Agree.

Economy goes up, oil goes up. Economy goes down, oil goes down. Until something breaks that trend the economy and the higher cost of energy will be screaming...



ROLL TIDE ROLL.
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