News thread
10-14-2023, 06:56 AM
#271
Gets Weekends Off
Joined APC: Mar 2019
Posts: 427
We’ve been having higher oil prices for almost two years now. How’s it been going?
Now we’re flexing how well our model does in a recession? Gimmie a break. Nobody wants a recession. Nobody. Including ULCC.
10-14-2023, 08:39 AM
#272
Gets Weekends Off
Joined APC: Aug 2021
Posts: 331
Ask yourself this: Who’s making those statements? It ain’t the economists or the experts. It’s the management of said companies. Do you think there may be some potential bs in those unsubstantiated claims?
10-14-2023, 10:33 AM
#273
Almost there
Thread Starter
Joined APC: Apr 2021
Posts: 1,285
I think it’s the difference in customer bases. I think our customers are essentially in a “recession”. They are the first ones that will be hit by an economic hardship. Higher interest rates, credit card debt, and student loan repayment restarts unquestionably will have a larger affect on our customers than Delta’s. The Delta customer is a higher net-worth customer who isn’t as quick to be impacted.
10-15-2023, 05:35 AM
#274
Last To Know First To Go
Joined APC: Sep 2016
Posts: 609
Yeah a certain chief pilot also said repeatedly we’d love to compete with higher oil prices. We have the greenest fleet, most fuel efficient compared to everyone else. Blah blah blah.
We’ve been having higher oil prices for almost two years now. How’s it been going?
Now we’re flexing how well our model does in a recession? Gimmie a break. Nobody wants a recession. Nobody. Including ULCC.
We’ve been having higher oil prices for almost two years now. How’s it been going?
Now we’re flexing how well our model does in a recession? Gimmie a break. Nobody wants a recession. Nobody. Including ULCC.
10-15-2023, 05:51 AM
#275
Gets Weekends Off
Joined APC: Mar 2019
Posts: 427
But like most things, it’s probably more complicated of an answer than most people would understand. Or have access to the information to understand.
10-15-2023, 02:41 PM
#276
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Joined APC: Mar 2021
Posts: 1,315
10-24-2023, 02:25 PM
#277
Moderator
Joined APC: Sep 2011
Posts: 4,813
Last quarter the refinery made $119 Million, YTD is $384 million.
Look at Section 9 of the 10-Q of the SEC Filiing.
11-08-2023, 03:25 PM
#278
Almost there
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Joined APC: Apr 2021
Posts: 1,285
11-15-2023, 10:28 AM
#280
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Joined APC: Jun 2010
Position: seated - facing forward
Posts: 1,070
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