Jet Fuel $1.24
 

Down $1.98 since 2013.

Each one of those 198 pennies represents $40 million to Delta's annual profits. That is a $7.92 BILLION dollar drop in annual fuel expense. AND MANAGEMENT WANTED CONCESSIONS FROM US.

Remember, we get a cheaper price due to the refinery.

IMO 2016 profits will exceed $9 billion and our profit sharing will exceed 29%. Do you want to give that up?

Alaska pilots max vacation is 162 hours annually.

Delta 113 hours annually. Record profits and bankruptcy vacation.

FedEx 216 hours

UPS 175 hours.

Oil will easily fall into the $20s. And jet fuel will fall right with it.

Aim high.

Okay then.....I want donuts on Fridays in the lounges!

BobZ for President!!!!!!!!!!!!!!!!!!

Donuts every day!!

With sprinkles?:):):))

Sprinkles are for winners!
Flo, from progressive insurance

I hear that the refinery will really pay off big time when they move it to ATL.

Isn't this a REALLY bad time to own a refinery?

There is a certain cost to operate it, and oil has crashed.

Maybe that's a liability??

Actually, as oil falls refineries make more $$ as they are able to increase the crack spread. Great time to own a refinery.

Only if the price of the finished product stays high. With Jet Fuel and gasoline prices heading lower the crack spreads have dropped. They have come up slightly since the lows in September, but they are still much lower than they were a year ago.

When we bought the refinery crack spreads were up around $40. They were under $10 in September. Trainor is a little bit of an oddity though because it is tuned up mainly for Jetfuel while most refiners get mostly gasoline. I'm not sure what the economics of Trainor is now, but refining isn't making nearly as much as it was a year ago.


http://www.howardweil.com/docs/Repor...NINGReport.pdf

Crack Spread 101 (Part 1: What's a crack spread?) - Market Realist

Not to mention flooding the northeast with jet fuel drives down the price or in the case of the Sandy storm a few years ago, the opposite is true. Delta has a supply lever they can adjust as necessary.

$1.24 and we've still got people refusing to start engines until #2 in line, no APU, ask for directs, ask for opposite direction takeoffs and taxi fast as hell to save fuel. Fly slow even in a headwind to save gas, did you ask to cross at midfield yet? How about that direct? Flaps and slats up until the PLI gets close to setting off the shaker but fly however you want but let's go ahead and pull those flaps back up until the gear comes down.

**** me and evidently **** the passengers I guess? because while we may deprive them of something as important as air flow to save gas how about we make some really long PA's early in the morning and late at night and stand at the door to say goodbye so they know we love them. They probably hate our guts right now. In fact, I hate our guts right now. I'm with them.

And we couldn't save enough fuel in a lifetime to make up of an hour's worth of our fuel hedging loss.

**** me.

/rant over

Merry Christmas, FTB.

https://fattitudes.files.wordpress.c...pg?w=535&h=389

Shades of a 64 yr old 777 capt and international FA on layover.....

Santa knows when you've been naughty, and he knows when you've been nice! :D

Hey, he's got to love a Big Girl, keeps him warm in the winter, gives him shade in the summer, and by the looks of her, she swallows... everything!:eek:

http://i.imgur.com/rYIk4gz.gif

Especially since she looks like a Bama fan. :D

What gave it away?

Was it her Tide Rolls?