deltawatch
Veteran
- Aug 20, 2002
- 887
- 0
"we're still not fixed" said Parker
- Thread starter deltawatch
- Start date
nycbusdriver
Veteran
Doogie Parker said:
Well, Doogie, certain or not, we're about to find out in short order, aren't we?
nycbusdriver
Veteran
Yeah! That's the ticket. Invoke the Hemenway letter and bring the westies to parity with the easties.
sky high states: And, I'm NOT certain that where I am today, under the current contract, that I can afford filling my gas tank today at an average price of 3.01 per gallon. Or heating my home, where today, has increased 50% in six years. Or my water bill which today, has increased by $40.00 per quarter! Or continue to afford all the repairs to my vehicle which is over 10 years old.
FIX THAT, DOUG.
ONLY Stating opinions
robbedagain
Veteran
- Oct 13, 2003
- 11,125
- 2,676
3.01 fuel where u r sky high is cheaper than in the allentown area where it is 3.05 a gal and rising by about 2 to 3 times a day but id like to have half of doug's check to cover gas alone 
CynicalResAgent
Veteran
I guess Doug isn't prognasticating an upcoming merger with Anheuser-Busch?
3.01 fuel where u r sky high is cheaper than in the allentown area where it is 3.05 a gal and rising by about 2 to 3 times a day but id like to have half of doug's check to cover gas alone
sky high states: I believe that's the national average!
LINK: http://www.usatoday.com/money/industries/e...rs_N.htm?csp=34
only stating opinions
AP
Oil Rise Could Lead UAL to Ground Planes
Wednesday November 7, 4:50 pm ET
By Dave Carpenter, AP Business Writer
United Exec Says Oil Price Increase Could Cause It to Ground Planes
CHICAGO (AP) -- United Airlines could ground up to 100 or more of its airplanes if soaring fuel prices ultimately cause consumers to buy fewer tickets, a top executive said Wednesday.
As crude oil prices approach $100 a barrel, Chief Financial Officer Jake Brace said there has not yet been any evidence of a falloff in demand, which has been strong since the second quarter.
But he said United, a unit of UAL Corp., and other airlines eventually will have to deal with skyrocketing prices by either raising fares further or reducing capacity rather than flying with too many empty seats.
"Either the industry passes on the higher fuel prices or we're going to have to lower capacity, but you have to make the equation work," he said in comments to a Goldman Sachs conference in New York.
Brace said United has a little more than 100 aircraft unencumbered by debt, including 50 Boeing 737s, "that we could ground whenever we needed to if the demand environment were such that it didn't make sense to fly those planes."
The 100 planes would represent more than a fifth of United's mainline fleet of about 460 aircraft, as of Dec. 31.
It also has 13 narrow-body airplanes and one 757 coming off lease in 2008 that also could help it adjust capacity.
"We can adjust the domestic fleet by putting planes on the ground," Brace said.
United fully controls planes that are unencumbered by debt, and would not have to answer to creditors if there were grounded.
United executives had said they expected 2008 capacity to be flat to up 1 percent, by shrinking domestic capacity by 3 percent to 4 percent and growing international capacity to offset that.
Brace said those plans were made when oil cost $20 less per barrel than it does now. If fare increases don't stick, capacity cuts are likely, he indicated.
"We're taking it under advisement right now," he said. "It's hard to tell what's going to happen to fuel prices from here. But we're getting ready to react to it."
Besides its mainline fleet, United also had 290 aircraft operated by regional partners as of Dec. 31.
Oil Rise Could Lead UAL to Ground Planes
Wednesday November 7, 4:50 pm ET
By Dave Carpenter, AP Business Writer
United Exec Says Oil Price Increase Could Cause It to Ground Planes
CHICAGO (AP) -- United Airlines could ground up to 100 or more of its airplanes if soaring fuel prices ultimately cause consumers to buy fewer tickets, a top executive said Wednesday.
As crude oil prices approach $100 a barrel, Chief Financial Officer Jake Brace said there has not yet been any evidence of a falloff in demand, which has been strong since the second quarter.
But he said United, a unit of UAL Corp., and other airlines eventually will have to deal with skyrocketing prices by either raising fares further or reducing capacity rather than flying with too many empty seats.
"Either the industry passes on the higher fuel prices or we're going to have to lower capacity, but you have to make the equation work," he said in comments to a Goldman Sachs conference in New York.
Brace said United has a little more than 100 aircraft unencumbered by debt, including 50 Boeing 737s, "that we could ground whenever we needed to if the demand environment were such that it didn't make sense to fly those planes."
The 100 planes would represent more than a fifth of United's mainline fleet of about 460 aircraft, as of Dec. 31.
It also has 13 narrow-body airplanes and one 757 coming off lease in 2008 that also could help it adjust capacity.
"We can adjust the domestic fleet by putting planes on the ground," Brace said.
United fully controls planes that are unencumbered by debt, and would not have to answer to creditors if there were grounded.
United executives had said they expected 2008 capacity to be flat to up 1 percent, by shrinking domestic capacity by 3 percent to 4 percent and growing international capacity to offset that.
Brace said those plans were made when oil cost $20 less per barrel than it does now. If fare increases don't stick, capacity cuts are likely, he indicated.
"We're taking it under advisement right now," he said. "It's hard to tell what's going to happen to fuel prices from here. But we're getting ready to react to it."
Besides its mainline fleet, United also had 290 aircraft operated by regional partners as of Dec. 31.
wings396
Veteran
- Aug 20, 2002
- 3,672
- 1,122
Look for this fuel situation to get very ugly, very fast. If UAL does it, look for others to follow suit in a hurry. Ground A/C, cut flights, furlough a few thousand employees, then look for wage cuts to cover the rest. I hate to sound negative here, but I have gone thru it once already. :huh:
legacy-to-LCC
Veteran
- Feb 20, 2004
- 778
- 2
PB-you keep referencing this e-mail (which, on its face, is consistent with spineless dishrag ideology of the DoUgIe regime). could you possibly say more about the content and intent of this e-mail?
successful companies seek customer feedback; corrupt, inept, and hubris companies disregard the voice of their customer.
BoeingBoy
Veteran
- Nov 9, 2003
- 16,512
- 5,865
- Banned
- #15
While I generally agree with that, airlines like US have a problem that UA doesn't - no unencumbered aircraft. US can't stop least/debt payments on airplanes by just grounding them since it has no unencumbered aircraft. Unless it files for BK4, that is.
Without BK, all US could do is either talk the leasors into taking the planes back early, let them leave relatively slowly as leases expire combined with deferring new deliveries, or park them but continue to make lease/EETC payments (meaning bigger cuts somewhere else).
Jim
