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Old 03-03-2022, 09:11 AM
  #11  
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Originally Posted by chihuahua View Post
Who actually made it out of the red?
delta showed a profit for the last 2 quarters.
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Old 03-03-2022, 09:13 AM
  #12  
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Originally Posted by chihuahua View Post
Oil will most likely go much higher as Russia is virtue signaled out of U.S./western markets (hope you all spilled out your vodka that you already paid for, that'll show 'em) who have been going green by simply buying oil and gas from Russia, and other tyrannical countries, instead of producing it at home or in friendly countries. This will cause prices to go up for all Americans. Outside of the elite class, most people are negatively affected by inflation that makes it harder (or impossible) to afford food and transportation.
OPEC will eventually up production to make up at least some of the shortfall. Economic disruption is not in their long-term interests.

Neither is driving to customers to green alternatives (including reduced consumption).
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Old 03-03-2022, 09:16 AM
  #13  
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Originally Posted by DirtHead View Post
As oil prices continue to rapidly increase, your chances of furlough as a legacy new hire rapidly increase. The dream can quickly become a nightmare in this industry. Plan your tolerance for risk accordingly.
Legacies have a ton of retirements which will provide a bit of cushion if there’s a need to reduce flying and shrink. And boxes are still going to have to move, so I imagine cargo will keep hiring at a decent clip. There’s just not a huge glut of qualified pilots sitting around looking for employment. It’s not doom and gloom quite yet. But, I do wonder if LCC/ULCC attrition to legacies might cool down a bit.
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Old 03-03-2022, 09:21 AM
  #14  
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Airlines hiring for expansion will slow to a crawl. Think Alaska, JetBlue, somewhat SouthWest, Allegiant. Airlines hiring for attrition and expansion will slow as well but may continue hiring just for attrition. Think Spirit/Frontier. Airlines hiring for retirement will likely continue hiring at a more measured pace but still big numbers.
Based off of 25 years worth of mixed data. No dog in the hunt. At Alaska, we will continue to exchange 150-160 seaters with 190 plus seaters-define that as growth and fill in the gap with lots of outsourced QX/OO RJ’s…We will get a new contract around the peak of oil prices/ economic meltdown and Alaska will still be the wokest darling in the business
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Old 03-03-2022, 09:37 AM
  #15  
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Originally Posted by Gone Flying View Post
delta showed a profit for the last 2 quarters.
That doesn’t mean they are in the black. Quarterly profit means almost nothing. Showing profit is not the same as debt free or in the black. My wife proves that every month with her credit card.
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Old 03-03-2022, 09:38 AM
  #16  
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Originally Posted by 9mikemike View Post
Airlines hiring for expansion will slow to a crawl. Think Alaska, JetBlue, somewhat SouthWest, Allegiant. Airlines hiring for attrition and expansion will slow as well but may continue hiring just for attrition. Think Spirit/Frontier. Airlines hiring for retirement will likely continue hiring at a more measured pace but still big numbers.
Based off of 25 years worth of mixed data. No dog in the hunt. At Alaska, we will continue to exchange 150-160 seaters with 190 plus seaters-define that as growth and fill in the gap with lots of outsourced QX/OO RJ’s…We will get a new contract around the peak of oil prices/ economic meltdown and Alaska will still be the wokest darling in the business
JetBlue just raised their hiring target for this year. It was 600, then it was 713, now it’s 950 apparently. Maybe they didn’t get your memo, or maybe their attrition just picked up a lot more.
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Old 03-03-2022, 09:40 AM
  #17  
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Originally Posted by chihuahua View Post
Who actually made it out of the red?
As far as I am aware, Allegiant and Sun Country were the ones in the black, so far.
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Old 03-03-2022, 09:40 AM
  #18  
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Originally Posted by rickair7777 View Post
OPEC will eventually up production to make up at least some of the shortfall. Economic disruption is not in their long-term interests.

Neither is driving to customers to green alternatives (including reduced consumption).
There already is a shortfall, it's just getting worse. They have been saying they can't and/or won't raise production all along. I guess there is supposed to be some sort of deal with the democratic and freedom loving government of Iran to allow their oil. Meanwhile, we cancel leases and pipelines at home.
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Old 03-03-2022, 09:43 AM
  #19  
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Originally Posted by YerOnGuard View Post
As far as I am aware, Allegiant and Sun Country were the ones in the black, so far.
Yeah, i figured Allegiant had to be one of them, forgot about Sun Country. The cargo operation is definitely going to help Sun Country. Cargo is probably the only thing that's "safe" at this point.
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Old 03-03-2022, 09:51 AM
  #20  
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FedEx and Ups looking good right about now.
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