Notices
Regional Regional Airlines

$64,000 Question

Old 08-05-2008, 05:57 AM
  #11  
Banned
 
Joined APC: Jan 2006
Position: A-320
Posts: 6,929
Default

the scary thing is is, airlines are losing a lt more money now then after 9/11. so maybe it will take longer then 5-6 years.......................
JoeyMeatballs is offline  
Old 08-05-2008, 09:42 AM
  #12  
Gets Weekends Off
 
Joined APC: Apr 2006
Posts: 193
Default

Originally Posted by SAABaroowski View Post
the scary thing is is, airlines are losing a lt more money now then after 9/11. so maybe it will take longer then 5-6 years.......................
Yep. Many of them had not even fully recovered from 9/11 before this slump hit - a one-two punch! It's going to be an ugly several years ahead, at the least.
Nightsky is offline  
Old 08-06-2008, 06:46 PM
  #13  
On Reserve
 
Joined APC: Aug 2008
Position: Chief Flight Instructor seated at a desk
Posts: 13
Default

I think this is going to be a relatively short downturn. The more oil drops, the better the chance for a strong recovery. Oil usually falls more rapidly than it rises. It is sitting at $118/bbl right now. I think we might see it at $100/bbl by early September. I then think there will be new classes at the regional level starting soon after that. I think the biggest thing is that all the airlines across the board have to add around $10-$15/leg to their ticket prices and stop nickel and diming people to death. That way they are making money and the tickets are that much more expensive.

Just my two cents.

Michael
michael95u is offline  
Old 08-06-2008, 07:49 PM
  #14  
On Reserve
Thread Starter
 
Joined APC: Dec 2007
Position: Want-a-be
Posts: 13
Default

I tend to agree with michael95, in part because I want to!!!! but aI have been talking to my friends at CAL and they seem to agree that within 6 - 9 months the new class will start. I sure hope so... I am trying to start a new career at 46, almost 47, I can't wait to long!
Over40 is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
jelloy683
Career Questions
9
09-26-2008 03:01 AM
MJB68
Military
1
08-02-2008 02:48 PM
niteav8tor
Fractional
2
08-02-2008 01:50 PM
Tweet46
Fractional
1
08-01-2008 08:49 PM
Lifeisgood
Compass Airlines
7
08-01-2008 05:57 PM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Thread Tools
Search this Thread
Your Privacy Choices