Jetgirls.net - View Single Post - Changes we've been seeing in the past month or few

katbuad · 03-25-2008, 10:47 AM

Looks like some of the Delta grounded flights might be true. The article says 20 mainline and 20-25 regional jets.

Delta Grounds Several Bombardier Planes

The United grounding (or selling) planes seems like a possiblity too. CNN says as many as 20 737's.

United plans to shed at least 20 planes - Mar. 18, 2008

Frontier is selling 4 planes.

Frontier Airlines Media Room - News Releases

Most of these articles point to the rising cost of fuel. I heard on NPR a couple of weeks ago a discussion on the rising cost of fuel. And they said that supply and demand of fuel only accounts for oil up to about $89 a barrel that the increase above $89 is something else. In their discussion, they were talking about the subprime mortgage industry and other shaky financial industries (this was before Bear Stearns) making investors leery of parking their money there. So the investors start looking at other "safer" places to invest, ie oil.

Hear though a grapevine discussion that SWA was the best situated of all the airlines because they purchased huge quantities of fuel futures when the price first began to rise. But that is just grapevine speculation.

03-25-2008, 10:47 AM	#8 (permalink)
katbuad Jetgirls Plus Member Join Date: Jul 2007 Location: Nashville, TN USA Posts: 720 Recipes: Thanks: 11 Thanked 13 Times in 13 Posts	Re: Changes we've been seeing in the past month or few Looks like some of the Delta grounded flights might be true. The article says 20 mainline and 20-25 regional jets. Delta Grounds Several Bombardier Planes The United grounding (or selling) planes seems like a possiblity too. CNN says as many as 20 737's. United plans to shed at least 20 planes - Mar. 18, 2008 Frontier is selling 4 planes. Frontier Airlines Media Room - News Releases Most of these articles point to the rising cost of fuel. I heard on NPR a couple of weeks ago a discussion on the rising cost of fuel. And *they said* that supply and demand of fuel only accounts for oil up to about $89 a barrel that the increase above $89 is something else. In their discussion, they were talking about the subprime mortgage industry and other shaky financial industries (this was before Bear Stearns) making investors leery of parking their money there. So the investors start looking at other "safer" places to invest, ie oil. Hear though a grapevine discussion that SWA was the best situated of all the airlines because they purchased huge quantities of fuel futures when the price first began to rise. But that is just grapevine speculation. Last edited by katbuad; 03-25-2008 at 11:04 AM.