Sink r8

That's where you made your mistake. Noone googles NewK. When KnewK needs you to know about him, he will tell you about him.

NuGuy

I thought NewK wrote Google. All of it.

Nu

JobHopper

I don't think it is that black and white, altough I think you just stated the ALPA official position perfectly. You are presupposing that they will not use any of the money we pay them for RJs to support the Airbus side of the house, and I think they will. And what happens when they grab one of "our" RJs to support an Airbus trip during an IROP? Yes, they will foot the bill, but we gave them the airplane to do it.

I am not satisfied with the "non-event" answer.

Columbia

Goldman Says Take Profits on Oil

let the hiring begin!!!
News Headlines

Long-term commodity bull Goldman Sachs warned clients on Monday to lock-in trading profits before oil and other markets reverse, with the bank's estimates suggesting speculators are boosting crude prices as much as $27 a barrel.
Traders said the call from one of the biggest banks in commodities contributed to a near 3 percent slide in U.S. oil futures, on expectations the bank's numerous clients could close out positions with U.S. crude prices up 20 percent for the year so far.
Goldman [GS 160.40 -1.07 (-0.66%) ] said investors should close the "CCCP basket" trade it recommended in December, which encompasses bets on rising oil, copper and other commodity prices.
The trade has returned clients 25 percent in four months.
"Although we believe that on a 12-month horizon the CCCP basket still has upside potential, in the near term risk-reward no longer favors being long the basket," Goldman's commodity team, led by Jeffrey Currie in London, said in a note.
"Not only are there now nascent signs of oil demand destruction in the United States, but also record speculative length in the oil market, elections in Nigeria and a potential ceasefire in Libya that has begun to offset some of the upside risk owing to contagion."
Goldman estimated in a research note on March 21 that every million barrels of oil held by speculators contributed to an 8-10 cent rise in the oil price.
As unrest spread in North Africa and the Middle East, investors accumulated the equivalent of almost 100 million barrels of oil between mid-February and late March on top of their existing positions, adding approximately $10 to the 'risk premium', Goldman said.
The U.S. Commodity Futures Trading Commission said that as of last Tuesday, hedge funds and other financial traders held a total net-long positions in U.S. crude contracts equivalent to a near record 267.5 million barrels.
Using Goldman's estimates, that indicates the total speculative premium in U.S. crude oil is currently between $21.40 and $26.75 a barrel, or about a fifth of the price.
Traders and analysts have cautioned that speculative bets can quickly unwind, dragging prices lower.
U.S. crude oil prices hit a 2-1/2 year high of $113.46 a barrel early on Monday, before reversing to post the second biggest daily percentage loss of the year, closing below $110.
Brent crude oil prices hit a post-2008 high of $127.02 a barrel on Monday, before closing more than $3 lower. High prices have started to weigh on demand.
The Department of Energy said gasoline demand in the United States - which accounts for roughly one in 10 barrels of oil consumed globally - is down 1.2 percent year-on-year, with average prices almost a third higher than last April.
In Libya, ceasefire plans were dashed as Muammar Gaddafi's forces shelled the besieged town of Mistrata, and rebel forces said any settlement would require the Libyan leader to stand down.
The Goldman "CCCP basket" trade encompassed a basket of commodities weighted 40 percent toward U.S. crude oil, 20 percent toward copper and 20 percent toward the S&P GSCI platinum index, with 10 percent in both cotton and soybeans.
The 25 percent gain since Goldman published the trade on Dec. 1 is ahead of the 20 percent gain in the same period for the 19-commodity Reuters-Jefferies CRB futures index.
Goldman also recommended clients close separate trades in copper and platinum, but made no changes to recommendations for ICE gas oil, gold or soybeans.
"We...believe that copper and platinum will face near-term headwinds as higher oil prices potentially translate into a negative demand shock for the metals," Goldman said.
The bank first recommended clients go long copper in October, with the trade returning 23 percent since then. In July 2009 the bank recommended the platinum trade, which has returned 36 percent in 21 months.
Goldman said it still sees copper and platinum prices rising in the long-term, and said corrections could be used to establish new long positions.

Enemyofthestate

I was referring to what I hear reported has happened under our former MEC Chairman during the combination of the two MEC's. I fly with a lot of mixed crews and enjoy it immensely. The best complement I get is when it's several days into a trip before a crew member even realizes it's a mixed crew. We are all the same, with many of the same beef's and concerns. We probably have 95% plus in common. Nothing personal intended. My apologies.

80ktsClamp

That picture googles my penis.

80ktsClamp

If ALPA sits there and does nothing on this, it just proves how useless and weak they are. I half way expected this but hoped to be proven wrong. My opinion doesn't matter because I don't volunteer. Oh wait... I do.

DAL 88 Driver

If this doesn't prompt people to send in their DPA cards and start advocating this to others, I don't know what would. If ALPA doesn't have our backs on the big stuff (pay and scope), the good work they do on some of the little stuff doesn't really matter that much, does it? And anyway, I think $30 million in dues per year could easily cover the little stuff, some of which is already outsourced. ALPA is broken and continues to prove that it's not fixable. Every time I start to get a glimmer of hope, they do something else like this Republic thing. Sorry... but all this talk about improved communications and listening to the line pilots is just a bunch of smoke and mirrors. They are continuing with the Lee Moak philosophy and are determined that nothing is going to derail them from it.

Sorry for the rant, but this just really p*sses me off!

acl65pilot

Irked enough to get involved, and run for a Status Rep position and become one of the policy makers. Irked enough to put your reps feet to the fire?

That is what is needed if you feel this strongly about something.

Jughead

Just checked the mail and got a Delta AMEX sales pitch - in a nifty red folder, from the VP of customer loyality. If I sign up friends and family, I might win an ipod, a trip to a winery in Europe, or merchandise from Tiffiny's and Co.

I get enough crap in the mail, now this -

Thousands of $$ just in the mailing and printing costs (75,000 employees).