Exploring Hydrocarbon Depletion
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Do you have any observations on the following:
a. How has the current situation affected the charter-type flying i.e. companies that want to charter planes to fly their people around? Do you have a sense of what is going on in that business?
Probably some of this is affected by the airlines' fare strategy at the moment (doing whatever they need to fill the seats).
b. Any noticeable effects on the amount of pleasure flying yet? I imagine anyone who is really into flying and has deep pockets will still be glad to pay a hundred or so for a weekend flight around town.
AirlinePilot wrote:For the last week of 08 things are still in the downward spiral.
Jetfuel is at a national average of 1.30 and is now in the zone of decent profitability for airlines. Good news for my industry, lets see how long it lasts!
Avgas is still coming down, but not as fast as most of us General Aviation types would like.
National average is 4.15 which is still a bit on the high side and continues to put a hurt on recreational type flying.
AirlinePilot wrote:Interesting that jet fuel has come back up even with the reduction in demand.
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