Fuel Prices going up!
It might be time to raise ticket prices.
01-31-2011 | 12:12 PM
#2
Banned
Joined: Oct 2010
Posts: 690
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From: IAH 737 CA
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!!!!!!!!!!!!
01-31-2011 | 12:41 PM
#4
Gets Weekends Off
Joined: Feb 2010
Posts: 303
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From: A320/A319/B737 Sys Acft Maint Controller
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!!!!!!!!!!!!
01-31-2011 | 05:39 PM
#6
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Joined: Jan 2011
Posts: 36
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Pard, I think yer confused. The cost of a TICKET reflects a profit or no profit. If operating costs are where the profit is found then all you need to do is work for less (and less, and less...) and you'll be safe and secure. [BARF]
01-31-2011 | 05:43 PM
#7
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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.
01-31-2011 | 06:36 PM
#8
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Joined: Jan 2011
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From: DEN B737 Captain
02-01-2011 | 07:03 AM
#9
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Joined: Jun 2008
Posts: 2,282
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From: A320 Cap
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?
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?
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