I flew with a CA the other day and he showed me a WSJ article about airline fuel hedging. Author wrote that the hedges aren't working this time because that gas and jet A were not necessarily tracking with crude. When oil tracked down recently on news that fuel still tracked up. The article posted near the first of Mar.

As for speculation, ACL, that's the free market. Speculation can also drive the price down. Traders are just placing bets on where the market will be in the future based on a myriad of factors. One of which is (the biggest perhaps imho) is supply. We have cut off approximately 30% of US oil production though Presidential decree, in violation of a court order I might add.

We could drop the price of oil in half* almost over night by announcing and commencing exploitation of our domestic oil resources in the Gulf, ANWR, and the North Dakota/Canadian fields.

*OK, half is hyperbole. I don't know how much it would decline but I bet it would be significant.

In keeping with the spirit of the thread's title.

Apple IPads in Cockpits May Hasten End of Era for Paper Navigation Charts - Bloomberg

And for all you haters who call Mother D the Amish!

Amish Horse Team Pulls Tractor Trailer out of Snow

http://uploads.neatorama.com/wp-cont...3280377610.jpg

I would approve of this, if only to see the speculators lose their nuts.

Nu

OMG, we better prepare to give the company money in 2013, they can't afford to give us pay raises, and if they do they'll have to give everyone a raise as well, and they might unionize, oh my! Can't wait for the union to tell us we might have to lower our expectations cause of the price of oil - but of course we'll get a profit sharing check when things are better :mad:

This ^^^^^^^coming from this thread's official DALPA apologist! Are you suggesting that we should all apply to SWA since DALPA knows it has no chance of doing the job SWAPA does on a daily basis? Maybe instead of recommending our membership apply to SWA, DALPA should hire SWAPA to get us a new contract! They sure seem to have a good handle on Scope, Pay and Work Rules!! If only.....

SWAPA has never accomplished much of anything. They have piggy backed off of the rest of the pilot world. How did they get their current pay rates. The Delta 3B6 rates on the 737 NG and the Delta and UAL 2001 contracts. What did they achieve then? 20 percent lower rates then the industry.
They have what they have because the company has good management and made 5 billion dollars hedging heating oil.
Scope at SWAPA? The company has never pushed them for RJ and does not want them. No accomplishment on SWAPA part.
The one thing that SWAPA does do well is make sure they work with the company to insure the companies long term success. What a concept!

By the way, SWAPA is not happy with their current position. They don't like where their cost structure is now and the impact it has had on career progression at SWA. That is why they have made no real effort to really raise the bar and have agreed to two contracts and extensions with very small raises. They don't want to be at the top. They want their company to regain its historical huge cost advantage so they can go back to the days of 5 year captains.

Hmmmm....well, I must be missing something. A lot of SWA CA's bragging about $300K W2's, 3 on 4 off skeds,no RJ's, and few JV's. Is this propaganda or fact? I look forward to seeing how the PWA 2012 TA Roadshow will stack up to their contract on a section by section basis.

Needless to say, please explain how applying to SWA (for those of us that expect restoration) will solidify DALPA as our union moving forward beyond the next PWA?

Reaaaaaaaaly
 

Do we have to do anything to get it or does it happen automatically? Does this apply to flying an extra day due to Wx/IROP?

Stop spreading misinformation. Here is the applicable text from section 23:

A rerouted regular pilot who is not scheduled to release within four hours of the scheduled release of the last duty period of his original rotation, or within the same calendar day of the last duty period of his original rotation, whichever is later, (the “time limitation”) will receive single pay and credit (or the applicable pay, no credit for a GS, GSWC, IA or IAWC) for the rotation as flown, plus half pay no credit for any duty period(s) that extends beyond such time limitation.

Exception one: If such rerouted pilot is not scheduled to release at his base within such time limitation due to a circumstance over which the Company does not have control
(e.g., pilot’s origin or destination airport closed, weather on pilot’s routing, mechanical on pilot’s assigned aircraft) he will receive only single pay and credit (or the applicable pay, no credit for a GS, GSWC, IA or IAWC) for the rotation as flown.

Exception two: The time limitation will be 30 hours for an international category pilot
when rerouted into, or while in, trans-oceanic operations.

Exception three: A rerouted pilot who is scheduled to be released at his base beyond the time limitation will not be entitled to premium pay if he is again rerouted for the purpose of releasing him at his base within the time limitation.