UAL to park aircraft......??????
11-07-2007, 03:25 PM
#1
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11-07-2007, 03:30 PM
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Originally Posted by HercDriver130
IF the price of oil stays high and IF passengers won't pay a higher ticket price (ie. lost market share due to higher ticket prices), THEN UAL intends to bring capacity in line with demand by selective use of unencumbered aircraft.
11-07-2007, 03:36 PM
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I would agree with that assessment. Oil probably will stay high... just how high is a question. The public will pay higher fares. At some point ALL carriers will be forced to pass it on...even the Skybus's of the world wont be able to turn a profit if they dont.
11-07-2007, 03:36 PM
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Originally Posted by MSNBC
But he said United, a unit of UAL Corp., and other airlines eventually will have to deal with skyrocketing prices by either raising fares further
11-07-2007, 05:18 PM
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All the big time analysis that has been done recently for oil predict it dropping and stabilizing around 80 by early spring.
Iran, Pakistan and the lack of normal pre-winter price elevation has caused commodity market panic.
Now, as far as UAL is concerned...they are going to be hurting for sometime to come. They have an uphill battle at the moment to be sure. Hopefully Asian markets will see major growth in the next few years and UAL can capitalize on those big margin routes.
Iran, Pakistan and the lack of normal pre-winter price elevation has caused commodity market panic.
Now, as far as UAL is concerned...they are going to be hurting for sometime to come. They have an uphill battle at the moment to be sure. Hopefully Asian markets will see major growth in the next few years and UAL can capitalize on those big margin routes.
11-07-2007, 06:18 PM
#10
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Well the Premier of Alberta had the chance to save world oil prices. The Alberta oil sands is the largest oil reserve on the planet, with oil companies having about $100 billion worth of development projects planned. He had a decision to keep Alberta oil royalties low(one of the lowest in the world) or hike them. Well he decided to raise them by 20%...... oil companies are already cutting capacity up here. Last year some reports estimated within a decade Alberta would overtake Saudi as the number one global oil producer! It is to bad, it could have flooded the market with supply dropping oil and gas prices to levels that existed decades ago. Maybe when we oust this communist farmer
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