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Old 05-25-2010, 03:56 AM
  #38871  
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Originally Posted by forgot to bid
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SINGAPORE (AP) - World stock markets tumbled Tuesday, extending Wall Street's sell-off as the sliding euro fueled a new wave of pessimism about the global economy's health.
Renewed worries about Europe's debt problems rattled already anxious investors, who grew more uncertain about the outlook for the U.S. and global economies.
It is the correction I thought would have occurred a few months ago.
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Old 05-25-2010, 04:01 AM
  #38872  
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The Stephen King version of the story of our CVG hub:

Why CVG lost half of all flights | cincinnati.com | Cincinnati.Com

Comair's moving a base to DTW. It will still staff LGA flying from CVG for now. Different rumors have Delta pulling the plug on Mesa / Freedom between June 1 and August 1. Right now they do a majority of their flying feeding CVG. Without feed, CVG will cease to be a "hub," and will become an origin and destination airport.
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Old 05-25-2010, 04:20 AM
  #38873  
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Originally Posted by iaflyer
All I could find on DeltaNet about a $75 fee was for parents on "a trans-oceanic flight day", so I can't see why you'd get charged for a flight from Canada. There are taxes and fees for many international destinations so those might be the charges. What does it say under "View Pass Charges"?

You can search DeltaNet for "Mom and Dad Have the TravelBug" for a complete explanation of Parents travel.

Parents don't get S2s unless you don't have a spouse/travel companion.
when you book from Canada in travelnet, it gives a little warning that all S3b and S3c travelers on international flights will be charged the $75 per day.... that's why I was wondering... hopefully that is an error on travelnet.
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Old 05-25-2010, 04:24 AM
  #38874  
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Best way to find out is to call or e-mail the contract information on there.

My parents always use the "Fly Confirmed for Less" and they seem to work out really well. Confirmed seat and no hassle. Yep, it is a little more expensive, but it is the best way to travel in the summer or around holidays.
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Old 05-25-2010, 04:27 AM
  #38875  
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Originally Posted by Bucking Bar
The Stephen King version of the story of our CVG hub:

Why CVG lost half of all flights | cincinnati.com | Cincinnati.Com

Comair's moving a base to DTW. It will still staff LGA flying from CVG for now. Different rumors have Delta pulling the plug on Mesa / Freedom between June 1 and August 1. Right now they do a majority of their flying feeding CVG. Without feed, CVG will cease to be a "hub," and will become an origin and destination airport.
From the article:

The reasons for the drastic downsizing include business decisions, geographic factors and economic conditions beyond anyone's control, according to dozens of interviews with current and former Delta officials, industry experts and airport representatives.

Even though Cincinnati fliers paid the nation's highest fares, ticket revenues were insufficient to sustain the heavy flight schedules usually found in much larger cities.

The modern regional jet that Comair pioneered to replace noisy, slow turboprops gave CVG an early competitive edge for business travel. But other airlines soon caught up, lowering fares at the same time that rising fuel costs were making the inefficient, small jets unprofitable.

The airport also faced a unique problem among major U.S. airports: It's ringed by five other airports within easy driving distance. They were building successful schedules with low-cost carriers that Delta kept out of CVG with aggressive, temporary price cuts.
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Old 05-25-2010, 05:36 AM
  #38876  
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I think it needs to wither on the vine. Go forward with DTW crushing the other midwest hubs. It always seemed ATC wise we had to play second fiddle to traffic going into DTW, and a lesser extent ORD anyway. Hate to see it as it was a good base with good people but it's reality.
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Old 05-25-2010, 05:38 AM
  #38877  
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Originally Posted by forgot to bid
SINGAPORE (AP) - World stock markets tumbled Tuesday, extending Wall Street's sell-off as the sliding euro fueled a new wave of pessimism about the global economy's health.
Renewed worries about Europe's debt problems rattled already anxious investors, who grew more uncertain about the outlook for the U.S. and global economies.
May 25 (Bloomberg) -- U.S. stock futures fell, indicating the Standard & Poor’s 500 Index may slip to 2010’s lowest level, as bank borrowing costs rose and a report said North Korean leader Kim Jong Il ordered his military to prepare for combat.

Dow Jones Industrial Average futures retreated 213 points, or 2.1 percent, to 9,830.

“We’re back in uncharted territory,” said Art Hogan, chief market analyst at New York-based Jefferies Group Inc.

“The troubles that we have are big enough to keep this downtrend going for quite some time,” said Philippe Gijsels, head of research at BNP Paribas Fortis Global Markets in Brussels. “Everybody realizes this is going to put severe stress on economic growth. Tension between South and North Korea is another additional negative that is spooking markets.”

Energy and raw-materials producers sank on concern that demand will slow. Exxon slumped 2 percent to $59, while Alcoa slid 4.1 percent to $10.63.

Crude oil declined before a report forecast to show U.S. supplies are growing, while concern Europe’s debt crisis will spread prompted investors to sell riskier assets. Crude oil for July delivery fell as much as 4.4 percent to $67.15 a barrel in New York. Copper, aluminum, nickel and zinc fell in London as investors shied away from risky assets on concern that Europe’s sovereign-debt crisis may spread and China might take more steps to cool its economy.

The Dollar Index, which measures the U.S. currency against the euro, yen, pound, Canadian dollar, Swedish krona and Swiss franc, climbed for a second day.
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Old 05-25-2010, 05:48 AM
  #38878  
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Darn Double Dip.

It has quickly broke 10K today, we will see if there is a resistance at this level or it continues to break as most of the charting supports.
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Old 05-25-2010, 05:57 AM
  #38879  
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Originally Posted by acl65pilot
Darn Double Dip.

It has quickly broke 10K today, we will see if there is a resistance at this level or it continues to break as most of the charting supports.
I saw a week or so ago, and I think I posted it, that a good number of analyst predict 5000.
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Old 05-25-2010, 06:13 AM
  #38880  
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So will this effect the 300 being hired? It seems to me that they are needed, but I've been wrong before. Do people think a double dip would put us right back where we were last year?

Of course we now are able to realize the synergies of the merger so maybe that'll help.
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