Speculation on the future of the regionals
03-08-2022 | 05:09 PM
#31
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Without getting political about who’s fault things are, it certainly seems like things are on a knife edge right now. If it does get as bad as some are saying it is about to, well, let’s just say I hope you aren’t on the bottom end of a seniority list where ever you may be. The music could stop violently fast for regional and major hiring.
$300 crude barrel + huge drop in demand for flying + high cost to fly a jet once fuel hedging is dried up + panic by airlines = furlough town my friends.
I’ve seen some market analysts suggest 300 a barrel is on the low side of where things could go. Add a war that the US and UK are forced into via NATO, which again, many are saying is a case of “when” and on “if” …and we got trouble in paradise folks.
Hopefully this entire thing is solved with diplomacy but holy smokes, this has the potential to be a killer for aviation in the near term if things don’t become stable soon
$300 crude barrel + huge drop in demand for flying + high cost to fly a jet once fuel hedging is dried up + panic by airlines = furlough town my friends.
I’ve seen some market analysts suggest 300 a barrel is on the low side of where things could go. Add a war that the US and UK are forced into via NATO, which again, many are saying is a case of “when” and on “if” …and we got trouble in paradise folks.
Hopefully this entire thing is solved with diplomacy but holy smokes, this has the potential to be a killer for aviation in the near term if things don’t become stable soon
03-08-2022 | 05:29 PM
#32
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How come this guy keeps getting more RIGHT by the minute even though this was made a year ago???
https://www.youtube.com/watch?v=sB_T54wg9KI
https://www.youtube.com/watch?v=sB_T54wg9KI
03-08-2022 | 05:40 PM
#33
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From: 4A2FU
Man I really hope this stuff gets figured out soon. After Covid throwing us all for a disastrous loop these past few years I was really looking forward to a bit of stability, even just for a few months!! It’s too soon for another downturn. It’s starting to feel like 2008 again.
03-08-2022 | 07:00 PM
#34
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Oops!
03-09-2022 | 03:50 AM
#35
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From: CRJ-200 FO
https://www.bloomberg.com/news/artic...uction-in-2023
The oil industry is complicated. I have two family members who work in it. When oil prices fell, they laid off tens of thousands of workers. Dozens of companies went bankrupt. Fracking fields stopped production (a lot of it under Trump!). It’s all about that break even price. The United States is capable of producing nearly 88% of our daily oil consumption right now. But we let the oil companies sell away our oil. If we required them to keep it here, yes, we would be basically energy independent.
03-09-2022 | 04:42 AM
#36
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you realize Trump brokered the 2 year OPEC deal that limited production for 2 years right? It was also Trump who is on record for calling Putin a “genius” with regards to Ukraine. What world are you living in? You’re spare parts bud.
03-09-2022 | 05:12 AM
#37
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https://www.foxnews.com/media/the-worst-russia-ukraine-media-takes-make-war-about-race-climate-change-trump-and-more
03-09-2022 | 05:32 AM
#38
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03-09-2022 | 07:04 AM
#39
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Trump called them out on it and before that Defense Secretary Gates who served under both Bush and Obama did the same thing back in the late 00s and early 10s. What you are seeing in the Ukraine is the result of those years of neglect.
Russia has the 11th biggest economy and is the 9th largest country by population but is arguably the 3rd most powerful nation in the world solely because of their military strength.
03-09-2022 | 07:28 AM
#40
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From: Engines Turn or People Swim
Not that I disagree with you but a huge amount of blame for this falls on the European NATO countries. They've spent two decades now eroding their armed forces by cutting their budgets thinking in this day and age they weren't really that important or that the U.S. would pick up the slack for them. What they foolishly didn't realize is that a strong military is just another strong diplomatic arm of the government even if you never have to use them.
Trump called them out on it and before that Defense Secretary Gates who served under both Bush and Obama did the same thing back in the late 00s and early 10s. What you are seeing in the Ukraine is the result of those years of neglect.
Russia has the 11th biggest economy and is the 9th largest country by population but is arguably the 3rd most powerful nation in the world solely because of their military strength.
Trump called them out on it and before that Defense Secretary Gates who served under both Bush and Obama did the same thing back in the late 00s and early 10s. What you are seeing in the Ukraine is the result of those years of neglect.
Russia has the 11th biggest economy and is the 9th largest country by population but is arguably the 3rd most powerful nation in the world solely because of their military strength.
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