T Square, I thought you were on the 767. The Delta 767 landing checklist consist of 3 items. Not sure how much shorter you can make it.

 

Throw out the landing gear step, it only makes the landing roll longer and uses up brakes.

 

See the little short guy? He lives about 5 miles from me. I don't think he acts anymore. He just lives off his royalties. He hangs out in the bowling alley and is constantly getting in scrapes with the law. He's a strange little unit.

Hey, this was supposed to bump up that picture of David Hosseldorf and Gary Coleman.

 

Are we beginning to cancel flights to Europe due to volcanic activity? I'd guess that LHR, DUB, SNN and BRU are CXd. Any others?

 

Random Question: Why doesn't the 777 have winglets?

 

Ok. Great! Oil is at 86.15 pbbl today and rising. We have well over 50% of the year to go. I don't have a Harvard mba, but I see where this is going already!

 

The raked wing tips on the 777 and 767-400 have about the same effect as winglets on a traditional wing design. The raked design coupled with the increase in span is more effective at reducing drag (disrupting vortices) and increasing performance than a winglet.

 

If you see where this is going, call Anderson. The poor idiot doesn't know where oil is going. Please PM me also, because I also don't know where this is going. I'm guessing oil is probably at the top of it's medium-term band, but just writing this will get me swamped by the short-dollar-long-gold-long-commodities crowd. Said crowd, of course, will be just as unsure about where this is going, as I am.

BTW, the reason one hedges, is that one doesn't know "where this is going". A hedge is an insurance policy for our own ignorance of the future.

 

...........

 

Awesome. I think Delta is paying me royalties from previous work because I have not flown in a while, not even in SC. So thats either a or a or a . I need to hang out at the bowling alley.

Well that sucks.

LONDON -- A plume of volcanic ash from Iceland hovering over Northern Europe severely disrupted air travel for hundreds of thousands of airline passengers Thursday as authorities shut down airspace in Britain, Ireland and Scandinavia.
An ash cloud has drifted from the Eyjafjallajokull volcano in Iceland, which erupted on Wednesday for the second time in a month. The volcano is still spewing ash into the air, and authorities said they did not know when the airspace would reopen.
All non-emergency flights to and from British airports were banned from noon until at least 6 p.m. local time (1 p.m. in Washington). Swedish authorities said they would shut their airspace from 10 p.m. local time. Ireland, Denmark, Norway, and Finland also announced they would shut down their airspace, according to the Associated Press.

I don't think oil can survive $90. The economy is not strong but to me it is a very mixed bag where there are signs of things picking up mixed with fear of a multitude of issues. The warnings of bad things (home foreclosures increasing substantially again, jobless claims up, warnings about $1T interest payments by 2020, cbo warning of unsustainable federal budgets which could lead to hyperinflation) to come are coming from valid sources and thats all mixed in with good and thus I think we can have oil at $90 but not much more.

Thats my bet.

U.S. Economy

• Jobless Claims Rise to 484,000
• Rates of Home Foreclosure Surge
• Retail Sales Surge 1.6% in March
• Pain: State Budget Gap is $89B
• Bernanke Warns On the Deficit

Chinese Economy

• Economy Surges 11.9%; Fastest Pace in Almost Three Years
• Wholesale Prices Increase 5.9%
• Tougher Measures to Cool Housing

EU Debt Crisis

• Greece Debt Worries Reignite
• Euro Drops 1st Day in 5, Greek Bonds Fall on Debt Concern
• Soros Warns on Greek Debt Spiral
• Why Investors Are Still Rattled