DELTA Suspends Hiring

[atpcliff]

Hi!

So, DAL/NWA can't make money at $117/barrel.

How will they make money at $120?
$150?
$200?
$250?

Oil will be going to AT LEAST $250/barrel before it comes down again, UNLESS we do something DRASTIC, and REALLY SOON!

I don't see it happening. I see about $250, before we develop enough alternative energy to start bringing our daily demands for oil down fast enough to get the price of oil back down to $50/barrel or so, where it will stay after we quit using it as a transportation fuel.

If, as you, and many other pilots say, airlines can't make money with oil at $xx.xx/barrel, what will happen when the price goes up?

ALL airlines will go bankrupt, and there will be no more air travel on earth???

Seems highly unlikely to me.

cliff
YIP

 

[~~~^~~~]

Commodity prices are a bubble. OPEC and others worried about the bubble bursting. Iran and others will try to keep oil high by increasing the risk of supply disruptions (of other's not their's). Once we get past this banking crisis and oil is not such an attractive hedge for the dollar, prices will moderate.

 

[Rez O. Lewshun]

Just hope you don't furloughed Fins.....