Frontier to cease Republic ops......

[T-prop]

It's not Oil Companies that are the bad guys here. The weak dollar is sending prices skyrocketing. Same thing happened in the '70's. If you adjust for inflation, the 70's had the same situation. Hopefully we'll see the dollar get stronger soon (feds need to quit lowering rates), and we'll see a strong recovery. I predict by the end of '08 we'll start seeing signs of recovery. For now, just more bad news.

Trojan

Not only the dollar...

Fear and speculation have not helped either. Investors are buying a lot into oil futures as they are "safe" investments. A bubble is building.

Consumption has decreased, there is excess supply.

Analysts are saying fear and speculation have created a bubble. They say when the bubble bursts gas could drop as much as 80 cents a gallon.

Lets keep our fingers crossed.

 

[USCtrojan]

Not only the dollar...

Fear and speculation have not helped either. Investors are buying a lot into oil futures as they are "safe" investments. A bubble is building.

Consumption has decreased, there is excess supply.

Analysts are saying fear and speculation have created a bubble. They say when the bubble bursts gas could drop as much as 80 cents a gallon.

Lets keep our fingers crossed.

I agree with you totally. I believe it's three prong. Weak dollar, speculators, fear. Once news breaks out, it spreads. I still think it will bounce back and forth until hopefully the banks recover, then the housing sector. Transportation will be last to recover as it will depend on energy. I believe once the dollar strengthens (and it will), transportation will be fine. Cash is king, you have to bleed to stay alive if you're running an airline.

Right now Boeing showed some strong 1Q earnings. It's helping the market. Oil is down. Dow is nearing 13000. A little strange if we're in a recession.
Trojan

 

[TAWS]

Frontier won't last beyond the summer (unfortunately).
UAL will accelerate the removal of MESA, along with mainline 737s.
BB has already been approached by UAL about increasing the number of 170s at UAL.
We are in contract talks. Bad news is good news for mngt, so we will take a beating in negotiations and finish up with some pos of a contract. All in the name of showing stability to our partners.

Hopefully the oil bubble will burst (I don't know if this is a good or bad thing) and we will start back down the other side of this.

 

[SilverandSore]

I think it's time for the Rock to layuth the smack down on these idiot oil tycoons. They are continuing to send our economy further and further into a depression. My thoughts and prayers go out to us all.

Come on people, are you getting your 'facts' from the DNC? This is right there with the 'widening' gap between the rich and the poor, carbon credits and global warming. Take all the profits from the evil oil companies and the price of gas goes down $0.27. As others have pointed out, there are other significant factors that play into the price of oil, the weak dollar chief among them.

 

[labbats]

Not only the dollar...

Fear and speculation have not helped either. Investors are buying a lot into oil futures as they are "safe" investments. A bubble is building.

Consumption has decreased, there is excess supply.

Analysts are saying fear and speculation have created a bubble. They say when the bubble bursts gas could drop as much as 80 cents a gallon.

Lets keep our fingers crossed.

This is easily fixed. Simply force anyone trading in oil commodities to front the full amount, rather than the 10% down payment needed now.

 

[BoilerUP]

Come on people, are you getting your 'facts' from the DNC? This is right there with the 'widening' gap between the rich and the poor, carbon credits and global warming. Take all the profits from the evil oil companies and the price of gas goes down $0.27. As others have pointed out, there are other significant factors that play into the price of oil, the weak dollar chief among them.

Just wait until President Obama slaps a 40% "windfall profits" tax on the oil companies....

 

[SilverandSore]

Just wait until President Obama slaps a 40% "windfall profits" tax on the oil companies....

That's better than Hillary's option..."I will take those profits..."

 

[DOVPILOT]

RAH just cx'd all of S5, RW, CHQ new hire and upgarde classes, it's going to worst before it gets better.

 

[Mr Biggelsworth]

I'm really going to miss the flying out here. The best group of pilots (F9) I've ever worked with.

 

[ReverseSensing]

We are in contract talks. Bad news is good news for mngt, so we will take a beating in negotiations and finish up with some pos of a contract. All in the name of showing stability to our partners.

Why the defeatist rhetoric? If you end up with a POS contract, you'll have no one to blame but yourselves.

Bedford's got no leverage over you outside of bankruptcy and how likely do you think that is?

WTF does the pilot group care about showing stability for your airline's "partners"? You're just a commodity to them; they're just a paycheck to you.

I'm really surprised at your attitude. You guys might need to listen to your lady business agent a little less.