Future price of oil will be $12,000 a barrel

[phasersonstun2]

OK, so this is an attempt to take a breather from all of the panic about airlnes and oil.

 

[delldude]

I got a hot tip from a pal on the 'street'.
They're looking into Adaptable Squirrel Powered Commercial Aircraft.(ASPCA)
We have an insider working incognito.

 

[nycbusdriver]

OK, so this is an attempt to take a breather from all of the panic about airlnes and oil.

Dateline, 15 July 2010:

The three surviving "legacy" airlines are now reeling from their efforts to remain in business in light of oil topping $12,000 per barrel yesterday. Only Dalla-based Southwest Airlines continues to show a profit as they continue to take advantage of their long-term fuel hedges at $1.27 per barrel for 90% of their fuel requirements. The remaining 10% is hedged from contracts purchased in 2008 at a mere $190 per barrel.

 

[JS]

Dateline, 15 July 2010:

The three surviving "legacy" airlines are now reeling from their efforts to remain in business in light of oil topping $12,000 per barrel yesterday. Only Dalla-based Southwest Airlines continues to show a profit as they continue to take advantage of their long-term fuel hedges at $1.27 per barrel for 90% of their fuel requirements. The remaining 10% is hedged from contracts purchased in 2008 at a mere $190 per barrel.

LOL

 

[tech2101]

Dateline, 15 July 2010:

USAir and America West have agreed to expedited negotiations to complete a seniority list.

Delta has hired a private investigator to look into the rash of red spray paint "tagging" on the tails of their aircraft.

The IBT has finally agreed to a new concessionary package with UAL for the remaining 92 AMT's left at the SFO maintenance facility.

A hedge fund group has purchased the name "Eastern Airlines" and has received DOT approval to begin service between Crawford, TX and Nairobi, Kenya with 2 factory refurbished Airbus A-380's ...

:blink: :blink: :blink:

 

[phasersonstun2]

Reuters

USAirways announces a re-engining program based on research into rubber band powered engines. The firt version, the RB 1- powered by 10,000 rubber bands, produced 120 pounds of thrust for eight seconds. "They asuured us the numbers will come up" an executive said anonymously.