United to ground 64 more 737's
06-05-2008, 03:58 AM
#51
Gets Weekends Off
Joined APC: Mar 2007
Position: 88B - Loud Pipes Save Lives
Posts: 1,597
I think that this is one hell of a coincidence. And now today CAL announced a ton of cuts as well.
First I was guessing that Jet Blue was going to be bough. With Lufthansa buying a stake in Jet Blue a few months ago, it seemed to fit together yesterday. Both founding member of the Star Alliance and all. It would be easy for them to Front the money to UAL and get the deal dome quite quickly. Now with CAL cutting capacity, it makes me wonder if they are the other player with UAL. Either way, no airline just cuts 100 jets in six months unless something is up.
First I was guessing that Jet Blue was going to be bough. With Lufthansa buying a stake in Jet Blue a few months ago, it seemed to fit together yesterday. Both founding member of the Star Alliance and all. It would be easy for them to Front the money to UAL and get the deal dome quite quickly. Now with CAL cutting capacity, it makes me wonder if they are the other player with UAL. Either way, no airline just cuts 100 jets in six months unless something is up.
Gordon Gecko on airline mergers
06-05-2008, 04:26 AM
#52
Gets Weekends Off
Joined APC: Apr 2005
Position: 767ER capt
Posts: 1,190
A significant reduction in airframes is what we may all need to do to maintain profitability. If the price of fuel comes down later in the year, they may not have to actually park the planes. While the commodities markets are starting to indicate a deflation of the oil bubble, they aren't pricing in the possibility of a bad hurricane season, given that the last two seasons were so mild.
For now, though, Wall Street needs to see some response from the airlines' respective managements. Hoping that things improve is not much of a strategy. I expect DAL and NWA to make similar announcements. Hopefully ours won't be as bad, given the strong traffic results DAL/NWA have had lately.
For now, though, Wall Street needs to see some response from the airlines' respective managements. Hoping that things improve is not much of a strategy. I expect DAL and NWA to make similar announcements. Hopefully ours won't be as bad, given the strong traffic results DAL/NWA have had lately.
06-05-2008, 05:04 AM
#53
Banned
Joined APC: May 2006
Posts: 540
A significant reduction in airframes is what we may all need to do to maintain profitability. If the price of fuel comes down later in the year, they may not have to actually park the planes. While the commodities markets are starting to indicate a deflation of the oil bubble, they aren't pricing in the possibility of a bad hurricane season, given that the last two seasons were so mild.
For now, though, Wall Street needs to see some response from the airlines' respective managements. Hoping that things improve is not much of a strategy. I expect DAL and NWA to make similar announcements. Hopefully ours won't be as bad, given the strong traffic results DAL/NWA have had lately.
For now, though, Wall Street needs to see some response from the airlines' respective managements. Hoping that things improve is not much of a strategy. I expect DAL and NWA to make similar announcements. Hopefully ours won't be as bad, given the strong traffic results DAL/NWA have had lately.
06-05-2008, 05:42 AM
#54
Gets Weekends Off
Joined APC: Feb 2006
Position: JetRight, JetLeft
Posts: 760
I think that this is one hell of a coincidence. And now today CAL announced a ton of cuts as well.
First I was guessing that Jet Blue was going to be bough. With Lufthansa buying a stake in Jet Blue a few months ago, it seemed to fit together yesterday. Both founding member of the Star Alliance and all. It would be easy for them to Front the money to UAL and get the deal dome quite quickly. Now with CAL cutting capacity, it makes me wonder if they are the other player with UAL. Either way, no airline just cuts 100 jets in six months unless something is up.
First I was guessing that Jet Blue was going to be bough. With Lufthansa buying a stake in Jet Blue a few months ago, it seemed to fit together yesterday. Both founding member of the Star Alliance and all. It would be easy for them to Front the money to UAL and get the deal dome quite quickly. Now with CAL cutting capacity, it makes me wonder if they are the other player with UAL. Either way, no airline just cuts 100 jets in six months unless something is up.
GP
06-05-2008, 08:17 AM
#55
Indian Takeout Driver
Joined APC: Mar 2006
Position: FAR part 347 (91+121+135)
Posts: 1,566
guys, hate to say it but I think there is a fat woman taking out here tuning fork.
This is worse than post-9/11. Thanks to instability in the Middle East, we're now the latest casualties of this war.
This is worse than post-9/11. Thanks to instability in the Middle East, we're now the latest casualties of this war.
06-05-2008, 09:10 AM
#56
Recommend Retention
Joined APC: Jun 2007
Position: Bigfoot
Posts: 1,077
PRICELESS!
The point is, ladies and gentleman, that greed -- for lack of a better word -- is good.
Greed is right.
Greed is right.
Greed works.
Greed clarifies, cuts through, and captures the essence of the evolutionary spirit.
Greed clarifies, cuts through, and captures the essence of the evolutionary spirit.
Greed, in all of its forms -- greed for life, for money, for love, knowledge -- has marked the upward surge of mankind.
06-05-2008, 11:44 AM
#57
Gets Weekends Off
Joined APC: May 2006
Posts: 840
06-05-2008, 12:18 PM
#58
*********
Joined APC: Dec 2007
Posts: 1,068
I agree about the worst being yet to come, but I agree with reCAL that it is not entirely the war's fault. Anyone who thinks it is, is the type that blames someone else for all of their problems.
Oh, wait that's about 70% of the country and 90% of the democrats.
We will never see improvements to the country, or our industry until the majority of people quit being victims.
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