Thoughts regarding market's effects on airline travel?

[ACL65PILOT]

I agree, but NJA will fair better than the others. But yes, if this lasts they too will get theirs handed to them.

Big is good. It means you are harder to replace.

 

[Flopgut]

Big, new money is screwed. Old money types are going to be OK. There's a huge bailout in place and yet the sentiment is: It ain't enough! I wonder how this would be going if they were given the same bailout we [airline] got?

I think we are going to get to strike, merge or and run our airline careers how we need to.

I would like to see an index for Marquis Jet Card sales in the last week.

 

[Flopgut]

I disagree: Airlines have NOT been through anything like this before. Airlines have already has their respective poopers worn completely out with high oil, now they are about to get slammed by frzen credit markets. Any airline that files BK will liquidate-and fast!

To be clear: The market has lost @50% of its value. This hurts everyone. I am not a big enough idiot to cash out. I am personally dumping just as much in to retirement as always. The point is: the rich are as affected as the poor if not more so.

Which leads me to the following conclusion: The fractionals are going to get completely hammered. Everyone has always assumed NJA is invincible-they are not. Many of the "rich" own small businesses-which are now unable to get short-term credit. Many of these business will fail, and many of their owners will not be "rich" long.

I believe NJA is stronger than the others, but I think fractionals are going to have a very hard time, very soon. The markets get smacked down, and your 10 mil has suddenly turned to 2 mil-you ain't thinking about going to Acapulco for a couple of days-you are thinking about cashing the hell out of NJA.

I do agree that others are in weaker positions, but I would not want to be at the bottom of any frac list right now.

Airlines can't get much worse. Our costs just went down with fuel and the amount of money we need is small-ish.

NJA is going to be OK. They just aren't going to grow. Which I think is perfectly fine with them. There are probably a lot of super rich types who are tired of sharing their "royal barges" with so many others. The days of the 50 thousand dollar transcon occasionalist on a private jet are drawing to a close. They won't quit flying, they'll be back on the airline.

 

[ACL65PILOT]

That is the point.
Good for us. But it is all cyclical isn't it?

 

[climbhappy]

just a month ago, factory orders had risen for 5 straight months. this harbinger was pointing toward a strenthening. the market selloff has simply brought share prices in line with PE ratios. the underlying economic factors are still good. christmas willll suck though for many.

as 9/11 proved video conferencing has its limits. you still need to go see your best customers in person and that will never change. Hence, biz travel in 09 will be stable IMHO.

 

[Max Powers]

If you think our entire economy is based on the stock market, and what it does each day, then you may be the 'tard in the room.

Europe is in the suck just as deep-everyone is in for some suck, and when this socialist fool gets into office, you will find out just how bad things can get.

God I just love you Neoconservative folks...You hate Europeans so much why??? They are still capitalist like the USA. They just use their govt to do things that the private sector has trouble doing - ie Health care, public transportation etc.

And yes much of the economy is based on the Markets. Ever study the great depression and what happened then to the markets? The Markets usually react 6 months earlier than what the real economy is doing. We haven't seen nothing yet!!!!

 

[~~~^~~~]

Your the biggest tard ever.

Our biggest oil field is in our drive way! Average mpg is 22 in the USA in the UK it is 52 mpg........We need a gas tax on automotive gas this will keep demand down and prices low for aviation fuel....

Speaks for itself.

 

[Max Powers]

Speaks for itself.

Yes its called being practical and planning for the future. Adam Smith never worked, we need a happy medium and I say: pushing policies to get people to change their behaviors will save this country from its greed and arrogance.

That is why a man named OBAMA is winning. And yes I can't wait for that to happen...

So Fin what is wrong with Good gas mileage and being efficient? Seriously I'd like to know? Yes you are a tard.

 

[ACL65PILOT]

Nothing is wrong with it, just expecting it to happen with one person or another is.
I think that this country as a whole, republicans included have come to a realization that we as a whole need to change our ways.

No lets stop the political stuff.

 

[Max Powers]

Nothing is wrong with it, just expecting it to happen with one person or another is.
I think that this country as a whole, republicans included have come to a realization that we as a whole need to change our ways.

No lets stop the political stuff.

FINALLY!!!!!!!!!!!! The Dems have been saying that for decades but can't fight the political right to get the legislation past. Finally some Republicans are realizing - Jee by george if we try to become more efficient and pass laws to increase our gas mileages then hey we might reduce our dependence on foreign oil. WOW what a concept.

However, I'm a realist....there will always be a Palin around the corner who thinks Drill baby Drill is the answer and not the problem. I pick my battles and this is a good one. Time to fight the Palins of the world!!!!!!