Will Oil Hit $70

[mrfish3726]

BEAR96

UniTED and most Legacy Carriers won't like it when they are trying to pay for fuel at $70 a barrel by the end of summer. It probably will put a few of the BIG boys completely out of business!

 

[Bear96]

BEAR96

UniTED and most Legacy Carriers won't like it when they are trying to pay for fuel at $70 a barrel by the end of summer. It probably will put a few of the BIG boys completely out of business!

[post="281122"][/post]​

And of course, Frontier is immune to the effects of high oil prices, right? 🙄

 

[mrfish3726]

BEAR96,

We aren't immune, but we aren't as vunerable as UniTED is though!!!!

 

[Bear96]

BEAR96,

We aren't immune, but we aren't as vunerable as UniTED is though!!!!

[post="281181"][/post]​

So?

 

[mrfish3726]

BEAR96,

UniTED has NO WIGGLE ROOM! Every increase, decreases the chance of an exit strategy from BK. But I wouldn't hold any hope of an exit plan by AUG, we've ALL heard that boast before and didn't see it materalize!

 

[Bear96]

Again, so?

 

[markkus757]

I thought this about WN, not the mine is better than yours argument(TED/F9). $70 will easily be hit by Thanksgiving. They'll blame it on all the traffic but will ignore the fact that production capacity is peaking. Anymore production is considered not worth the extra cost due to the extra refining needed to produce the same products. As far as NH/BB's little rant that his boy didn't win last fall, look up the net worth for the members of Congress as of last year. 7 of the top 10 were Democrats. So much for them just sticking up for the small guy. Bottom line is that EVERYONE is getting rich in Congress. Most of these guys would supposedly make more in the private sector; why would they be in Congress when you know damn-well they aren't doing the people's work? :down:

 

[uafa21]

Ua will stay in bk longer and ask for another paycut from employee groups to subsidize the fuel cost, when oil goes to $70.00.

That the way airlines make it today.

 

[Bizman]

What's going to happen to WN when their hedging business can't offset the loses from their transportation business, due to the increase in oil???

 

[KCFlyer]

What's going to happen to WN when their hedging business can't offset the loses from their transportation business, due to the increase in oil???

[post="281656"][/post]​

I dunno...we haven't been able to get the execs to stop high fiving over the current hedges... 🙄

 

[corl737]

I dunno...we haven't been able to get the execs to stop high fiving over the current hedges... 🙄

[post="281658"][/post]​

The execs may be high fiving (and deservedly so) but only during the breaks from their laborious efforts to find additional ways to increase efficiency. This is a tireless group of leaders who are fully aware that oil hedges are only temporary.

Bottom line, however, is that it always has been -- and still is -- up to the employees to make the company successful. Customer service is the product we sell, we just happen to do it on airplanes. If the employees get arrogant or greedy the company will fail regardless of the executive skills. The last thing we want to do is become a "real" airline.

 

[KCFlyer]

The execs may be high fiving (and deservedly so) but only during the breaks from their laborious efforts to find additional ways to increase efficiency. This is a tireless group of leaders who are fully aware that oil hedges are only temporary.

Bottom line, however, is that it always has been -- and still is -- up to the employees to make the company successful. Customer service is the product we sell, we just happen to do it on airplanes. If the employees get arrogant or greedy the company will fail regardless of the executive skills. The last thing we want to do is become a "real" airline.

[post="281722"][/post]​

corl - note the rolling eyes. I don't understand why some other jealous folk seem to think that SWA managment is sitting on their laurels, slapping high fives with one another over fuel hedges. One of the reasons SWA has remained profitable is because the managment AND employees have been proactive in looking for ways to trim costs during times where doing so is a "luxury" and not a necessity. Every other airline is reactive. And the first place those airlines look for cost cutting is thru wages and benefits. Fuel hedges are just a part of the reason for their profits - don't know why that's so hard to see.

 

[wnbubbleboy]

Bottom line, however, is that it always has been -- and still is -- up to the employees to make the company successful. Customer service is the product we sell, we just happen to do it on airplanes. If the employees get arrogant or greedy the company will fail regardless of the executive skills. The last thing we want to do is become a "real" airline.

[post="281722"][/post]​

Your forgetting if we become apathetic, lazy, and unwilling to accept change.

 

[uafa21]

Oil surpassed the $70 per barrel today before falling back below $70.

The better question is when will it go to $100.00 per barrel?

 

[SoftLanding]

Oil surpassed the $70 per barrel today before falling back below $70.

The better question is when will it go to $100.00 per barrel?

[post="294166"][/post]​

Don't think it'll hit $100, except for a direct hit to major oil installations in the Middle East.

Our economy will take a hit, and so will oil...


SoftLanding