'Nother one bites the dust
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Re: 'Nother one bites the dust
Next one is dba. The remaining aircrafts will be taken by mother company Air Berlin, the remaining pilots and FAs will be offered jobs at Air Berlin, but at much worse conditions. Anyway, the brand dba will be gone soon.
Wir sind dann mal oben !
Re: 'Nother one bites the dust
I actually wonder how long Air Berlin will be around for.Next one is dba. The remaining aircrafts will be taken by mother company Air Berlin, the remaining pilots and FAs will be offered jobs at Air Berlin, but at much worse conditions. Anyway, the brand dba will be gone soon.
Re: 'Nother one bites the dust
I hope at least for another 3 weeks, to get me to Teneriffa and back ...I actually wonder how long Air Berlin will be around for.
Wir sind dann mal oben !
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Re: 'Nother one bites the dust
Nicely done Frank, I understand dba ceased operations this weekend.Next one is dba. The remaining aircrafts will be taken by mother company Air Berlin, the remaining pilots and FAs will be offered jobs at Air Berlin, but at much worse conditions. Anyway, the brand dba will be gone soon.
Another one this past week has been Inter Express of Turkey.
Re: 'Nother one bites the dust
I heard the FAs went on strike to protest against the new work contracts which lead to a bunch of flight cancellations. Which in return lead AB to cease dba operations immediately instead of waiting till the end of the year or so. If I remember correctly, they were down to 9 aircrafts of which 3 will be returned to the leasing company soon. There are about 120 pilots and 180 FAs left.Nicely done Frank, I understand dba ceased operations this weekend.Next one is dba. The remaining aircrafts will be taken by mother company Air Berlin, the remaining pilots and FAs will be offered jobs at Air Berlin, but at much worse conditions. Anyway, the brand dba will be gone soon.
Other than that, I was on AB last week and have to say they clearly belong to the better ones.
Wir sind dann mal oben !
Re: 'Nother one bites the dust
EAL or better known as Europen Aviation ceased operating on the 1st of December was owned by Paul Stottard.
"We are running an airline not a circus," - Qantas spokeswoman
Re: 'Nother one bites the dust
Next one to go: SkyEurope. Supposedly they have defaulted on lease payments to Gecas and have only 1.3 million euro's in cash left after making a 60 million loss in the previous quarter.
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Re: 'Nother one bites the dust
So far we've only seen the early departures.
Wait till Jan. 1
That's when it's really going to get ugly.
Wait till Jan. 1
That's when it's really going to get ugly.
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Re: 'Nother one bites the dust
Rumour on the street is that UA and AA won't make it to the end of 2009:
http://www.aanegotiations.com/documents ... tions3.pdf
http://www.aanegotiations.com/documents ... tions3.pdf
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Re: 'Nother one bites the dust
I can't imagine anyone is capable of making intelligent predictions as far as the end of 2009 in today's world. Assuming continuation of current trends, I think both American and United, based on sub-$100 oil and on what they have already announced re: capacity cuts for this winter, have achieved a measure of stability which will allow them both to survive until the end of 2009. Given something unforeseen, such as a war, $250 oil or a much deeper recession/depression, then all bets are obviously off.Rumour on the street is that UA and AA won't make it to the end of 2009:
http://www.aanegotiations.com/documents ... tions3.pdf
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Re: 'Nother one bites the dust
Unforseen?Given something unforeseen, such as a war, $250 oil or a much deeper recession/depression, then all bets are obviously off.
I think all three are realities.
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Re: 'Nother one bites the dust
Oil prices are fantasy numbers
The oil big wigs saw the impending crash of the banks earlier in the year, and decided to bump up their bonuses in the summer, so that they could drop prices now and 'look good'.
When things stabilize, they will jack the oil prices up again to buy bigger silicone implants for their trophy wives.
Has nothing to do with supply and demand. The excuse will be "Oh dear, I see a hurricane in the pacific ocean. It might hit Texas".
The oil big wigs saw the impending crash of the banks earlier in the year, and decided to bump up their bonuses in the summer, so that they could drop prices now and 'look good'.
When things stabilize, they will jack the oil prices up again to buy bigger silicone implants for their trophy wives.
Has nothing to do with supply and demand. The excuse will be "Oh dear, I see a hurricane in the pacific ocean. It might hit Texas".
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Re: 'Nother one bites the dust
Oil prices are fantasy numbers
The oil big wigs saw the impending crash of the banks earlier in the year, and decided to bump up their bonuses in the summer, so that they could drop prices now and 'look good'.
When things stabilize, they will jack the oil prices up again to buy bigger silicone implants for their trophy wives.
Has nothing to do with supply and demand. The excuse will be "Oh dear, I see a hurricane in the pacific ocean. It might hit Texas".
Indeed. I am paying $1.57 USD right now. I think these are mid 1980's prices. It's all a sham and shell game.
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Re: 'Nother one bites the dust
JPost.com » Iran news » Article
Dec 4, 2008 0:40 | Updated Dec 4, 2008 16:30
IDF preparing options for Iran strike
By YAAKOV KATZ
The IDF is drawing up options for a strike on Iranian nuclear facilities that do not include coordination with the United States, The Jerusalem Post has learned.
Slideshow: Pictures of the week While its preference is to coordinate with the US, defense officials have said Israel is preparing a wide range of options for such an operation.
"It is always better to coordinate," one top Defense Ministry official explained last week. "But we are also preparing options that do not include coordination."
Israeli officials have said it would be difficult, but not impossible, to launch a strike against Iran without receiving codes from the US Air Force, which controls Iraqi airspace. Israel also asked for the codes in 1991 during the First Gulf War, but the US refused.
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"There are a wide range of risks one takes when embarking on such an operation," a top Israeli official said.
Several news reports have claimed recently that US President George W. Bush has refused to give Israel a green light for an attack on Iranian facilities. One such report, published in September in Britain's Guardian newspaper, claimed that Prime Minister Ehud Olmert requested a green light to attack Iran in May but was refused by Bush.
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In September, a Defense News article on an early warning radar system the US recently sent to Israel quoted a US government source who said the X-band deployment and other bilateral alliance-bolstering activities send parallel messages: "First, we want to put Iran on notice that we're bolstering our capabilities throughout the region, and especially in Israel. But just as important, we're telling the Israelis, 'Calm down, behave. We're doing all we can to stand by your side and strengthen defenses, because at this time, we don't want you rushing into the military option.'"
The "US European Command (EUCOM) has deployed to Israel a high-powered X-band radar and the supporting people and equipment needed for coordinated defense against Iranian missile attack, marking the first permanent US military presence on Israeli soil," Defense News wrote. The radar will shave several precious minutes off Israel's reaction time to an Iranian missile launch.
In a related article at about the same time, TIME magazine raised the possibility that through the deployment of the radar, America wants to keep an eye on Israeli airspace, so that the US is not surprised if and when the IAF is sent to bomb Iran, a scenario Washington wants to avoid.
The US army sent 120 EUCOM personnel to Israel's Nevatim Air Base southeast of Beersheba to man the new radar.
Last week, Iran's nuclear chief Gholam Reza Aghazadeh revealed that the country was operating more than 5,000 centrifuges at its uranium enrichment plant in Natanz and would continue to install centrifuges and enrich uranium to produce nuclear fuel for the country's future nuclear power plants.
"At this point, more than 5,000 centrifuges are operating in Natanz," said Aghazadeh, who is also the head of the Atomic Energy Organization of Iran. This represents a significant increase from the 4,000 Iran had said were up and running in August at the plant.
The Islamic republic has said it plans to move toward large-scale uranium enrichment that will ultimately involve 54,000 centrifuges.
Israeli officials said last week that the drop in oil prices and the continued sanctions on Iran were having an effect, although they had yet to stop Teheran's nuclear program. The officials said that while Iran was making technological advancements, it would not have the necessary amount of highly-enriched uranium for a nuclear bomb until late 2009.
"There is still time and there is no need to rush into an operation right now," another Israeli official said. "The regime there is already falling apart and will likely no longer be in power 10 years from now."
The IAF was preparing for a wide range of options, OC Air Force Maj.-Gen. Ido Nehushtan recently said, adding that all it would take to launch an operation was a decision by the political echelon.
"The air force is a very robust and flexible force," he told Der Spiegel. "We are ready to do whatever is demanded of us."
On Monday, Teheran dismissed the possibility of an Israeli strike, saying it didn't take Israel seriously.
"We think that regional and international developments and the complicated situation faced by Israel itself will not allow it to launch military strikes against other countries," Iranian Foreign Ministry spokesman Hassan Qashqavi told reporters in Teheran, according to the Press TV Web site. "Israel makes threats to promote its psychological and media warfare," he said.
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Re: 'Nother one bites the dust
Can't agree with that, Ed. The price is ultimately driven by supply and demand factors. Does it mean that some people and interests try to manipulate the market ? Sure. Is there more speculative investment in oil these days ? Of course. Do markets over-react both on the way up and down and lose some touch with demand and supply ? Yes, to some extent. However, ultimately, the oil price is driven by supply and demand, whatever conspiracy factors may be in vogue.Oil prices are fantasy numbers..........Has nothing to do with supply and demand.
Right now, everyone is concentrating on demand factors. The supply constraints that people talked about in the recent past, however, still exist. When demand bottoms out, the supply factors will come to the fore again, and the price will rise. The lower it goes for now, the bigger will be the reaction back upwards in a year or two or three.
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Re: 'Nother one bites the dust
Anyone can dream up unlikely input factors which could bring down the airline industry, as I did in that previous post. That doesn't mean they're likely or realities.Unforseen?Given something unforeseen, such as a war, $250 oil or a much deeper recession/depression, then all bets are obviously off.
I think all three are realities.
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Re: 'Nother one bites the dust
The lower it goes for now, the bigger will be the reaction back upwards in a year or two or three.
Gee David, sounds like an economy out of control.
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Re: 'Nother one bites the dust
Missed this one last week : Lithuanian Airlines/flyLAL.
Re: 'Nother one bites the dust
http://www.search.asic.gov.au/cgi-bi...=ACN&srchsrc=1
Macair here in Australia have gone in administration as of last 2300 last night, flights are reported to be grounded today.
Macair here in Australia have gone in administration as of last 2300 last night, flights are reported to be grounded today.
"We are running an airline not a circus," - Qantas spokeswoman
Re: 'Nother one bites the dust
"We are running an airline not a circus," - Qantas spokeswoman
Re: 'Nother one bites the dust
Skyairworld here in Australia have gone into voluntary administration and their two E-190's left the country today from PER headed to KUL
"We are running an airline not a circus," - Qantas spokeswoman
Re: 'Nother one bites the dust
German carrier Blue Wings: http://www.flightglobal.com/articles/20 ... tions.html
Re: 'Nother one bites the dust
Ozjet finished all four B732's up for sale for around $700K AUS
http://www.thewest.com.au/default.aspx? ... tID=142961
http://www.thewest.com.au/default.aspx? ... tID=142961
"We are running an airline not a circus," - Qantas spokeswoman
Re: 'Nother one bites the dust
Took a bit longer than I thought. Telling people to contact their credit card companies is usually not a very good sign: http://www.skyeurope.com/en/skyeurope-s ... operationsNext one to go: SkyEurope. Supposedly they have defaulted on lease payments to Gecas and have only 1.3 million euro's in cash left after making a 60 million loss in the previous quarter.
At least they still have their Skytrax award up...
Source/full story: Wall Street JournalSkyEurope Files for Bankruptcy
PRAGUE -- SkyEurope Airlines AS suspended its operations Tuesday and said it has filed for bankruptcy.
...
Source/full story: FlightglobalCentral European budget carrier SkyEurope Airlines has suspended operations with immediate effect.
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