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Fuel Prices going up!
Can only hope the Middle East crisis settles down.:confused: It might be time to raise ticket prices.
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Originally Posted by clambakejoe
(Post 939395)
Can only hope the Middle East crisis settles down.:confused: It might be time to raise ticket prices.
How can you give a flying flip what fuel and ticket prices do? My job is to fly the aircraft from A to B. It's smilton's job to worry about how much fuel costs and what passengers are paying for their seat/ticket. The cost of a pilot is the cost of a pilot. FUPM!!!!!!!!!!!! |
:confused:Obviously the cost of fuel reflects a profit or no profit!:(
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Originally Posted by EWR73FO
(Post 939489)
How can you give a flying flip what fuel and ticket prices do? My job is to fly the aircraft from A to B. It's smilton's job to worry about how much fuel costs and what passengers are paying for their seat/ticket. The cost of a pilot is the cost of a pilot. FUPM!!!!!!!!!!!!
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Originally Posted by clambakejoe
(Post 939498)
:confused:Obviously the cost of fuel reflects a profit or no profit!:(
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Originally Posted by clambakejoe
(Post 939498)
:confused:Obviously the cost of fuel reflects a profit or no profit!:(
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Originally Posted by strfyr51
(Post 939505)
I don't mean to sound Trite but WHO is "SMILTON"?? Is that going to be a generic term for Senior managment, Jeff Smisek, Glenn Tilton and/or Pete McDonald??? or all in combination?? And after Glenn leaves will it then become "JeffyMac"?? or "McJeff" ??. just sayin'.. How About "McSmilton"?? That covers it all.
SMILTON. Aint no rocket science involved. |
The Donald disagrees...
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I wrote an email to Tilton when oil went to $36 a barrel, asking why we aren't hedging with every dollar we could borrow. His (or his secretary's) reply? I don't understand hedging.. that the futures were well above $36.
I looked them up... they were at $40-$49 depending on the length. I told this story to someone else that said we didn't have any money to hedge. I pointed out that we didn't have any money to hedge when oil was at $135 either, but somehow we managed to do it. Now I'm probably the dumbest person on the planet when it comes to financing. But my 2 year old nieces could have figured this out. Way to go, Glenn. Weren't you an oil guy? |
Never thought of him as an oil guy, just an ax man, can do what he does in any business.
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