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-   -   Spirit Pilots... How much time do we have? (https://www.airlinepilotforums.com/major/26331-spirit-pilots-how-much-time-do-we-have.html)

JetPiedmont 05-15-2008 06:14 PM


Originally Posted by taylorjets (Post 383872)
Oil is at 126 plus and trending higher. How much time do we have, or is it our time at all???

Last estimate I heard was 90 days left at current cash burn rate.

Looking for investors but none stepping up due to oil prices and credit crunch.

Sorry...

BoredwLife 05-15-2008 06:19 PM

I heard it was eating into the cash for next years deliveries but wasn't at a time frame yet of when closure was coming. The magic number seems to be $120. Needs to get below that. $124.12 today.

shiftwork 05-15-2008 06:24 PM

What about that shinning star at 126 stuff?:rolleyes:

BoredwLife 05-15-2008 06:33 PM

And its not trending higher. Well gosh it was down a whole .10 cents today!!!:rolleyes:

JetPiedmont 05-15-2008 06:59 PM


Originally Posted by BoredwLife (Post 384280)
And its not trending higher. Well gosh it was down a whole .10 cents today!!!:rolleyes:


Light Crude (NYM )
June 08 ($US per bbl.)124.12-0.10...High..126.55..Low..120.90..Close...124.125/15 1:20pm

BoredwLife 05-15-2008 07:01 PM

That sure is a lot of numbers there.

JetPiedmont 05-15-2008 07:03 PM


Originally Posted by BoredwLife (Post 384297)
That sure is a lot of numbers there.

I cleaned it up a little.

DYNASTY HVY 05-16-2008 03:33 AM

any guesses as to what happens when the crack price hits 200 bucks?:rolleyes:

Spaceman Spliff 05-16-2008 04:19 AM


Originally Posted by DYNASTY HVY (Post 384442)
any guesses as to what happens when the crack price hits 200 bucks?:rolleyes:

Airline management will have to switch to sniffing rubber cement for their fix. :cool:

shiftwork 05-16-2008 05:43 AM

Good thing that NK targets the young and leisure travelers....


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