Originally Posted by Astro14
Originally Posted by edyvw
Originally Posted by Astro14
It will be interesting to see their decisions - run the old gas hog with oil at $30/bbl? Or make the lease payments on a $100+ million machine to save fuel?
The economics may favor delaying delivery of the Max until the traffic returns. Most of the legacy airlines have already cut capacity by 50%. Within the 50% that remain in service are some very fuel efficient airplanes. So, why take delivery of the new airplane when you've got airplanes that are already paid for? It's like trading a good used 35MPG Corolla in on a Prius, when the Corolla is paid for and the Prius comes with lease payments...and gas is $.50/gallon (which is where Jet A just ended up today - $26.15/BBL).
Are you flying?
I go back to work on Tuesday, after a couple weeks off. I'm on reserve next week. No idea what to expect, but since I typically fly a mix of domestic, Europe, and South America, I would guess that it'll be mostly domestic with all of the travel bans imposed by various countries, if I go to work at all. Flying has been cut by 50%. Half the flights have been canceled, and those that are operating have few passengers.
I am deeply concerned about the industry.
The losses are huge. 70% drop in revenue, billions of losses in March alone, for each of the major carriers. This can't be sustained for more than a month or two without collapse of the companies and the industry. Naturally my personal situation is deeply tied to the situation of my company.
What's your take on the Max as far as do you think Boeing should have been made to submit this as a whole new model by the FAA due to the engines being more forward and higher? Could that have prevented this catastrophe, and pilots would have received proper training instead of a iPad tutorial?
Not a fan of the FAA, to many conflicts of interest.....as a majority of them magically end up in a high paying job for Boeing, or lobbying for them in Washington.
Originally Posted by edyvw
Originally Posted by Astro14
It will be interesting to see their decisions - run the old gas hog with oil at $30/bbl? Or make the lease payments on a $100+ million machine to save fuel?
The economics may favor delaying delivery of the Max until the traffic returns. Most of the legacy airlines have already cut capacity by 50%. Within the 50% that remain in service are some very fuel efficient airplanes. So, why take delivery of the new airplane when you've got airplanes that are already paid for? It's like trading a good used 35MPG Corolla in on a Prius, when the Corolla is paid for and the Prius comes with lease payments...and gas is $.50/gallon (which is where Jet A just ended up today - $26.15/BBL).
Are you flying?
I go back to work on Tuesday, after a couple weeks off. I'm on reserve next week. No idea what to expect, but since I typically fly a mix of domestic, Europe, and South America, I would guess that it'll be mostly domestic with all of the travel bans imposed by various countries, if I go to work at all. Flying has been cut by 50%. Half the flights have been canceled, and those that are operating have few passengers.
I am deeply concerned about the industry.
The losses are huge. 70% drop in revenue, billions of losses in March alone, for each of the major carriers. This can't be sustained for more than a month or two without collapse of the companies and the industry. Naturally my personal situation is deeply tied to the situation of my company.
What's your take on the Max as far as do you think Boeing should have been made to submit this as a whole new model by the FAA due to the engines being more forward and higher? Could that have prevented this catastrophe, and pilots would have received proper training instead of a iPad tutorial?
Not a fan of the FAA, to many conflicts of interest.....as a majority of them magically end up in a high paying job for Boeing, or lobbying for them in Washington.