Oil down to $55 a barrel. What an absolute grea
Post# of 41413
Low fuel costs are great. If the plane is not as filled as they would like it to be passenger wise the first few weeks, so what! With our cargo commitments what might have been red flights will still be green. High fuel prices could easily kill a start up airline. We have everything going for us. Eventually the plane will fill with people for daily flights, when words gets out and around about non stop flights compared to long layovers.
With lower prices of oil per barrel, people can argue both sides, how it can hurt and help an economy, and I see both sides. With an airline I just see it as the lower the cost of oil, the lower fuel prices are, the greater the profit on each flight. Some economists are saying oil may fall all the way to the 30s, many see the 40s, but most agree it hasn't stopped falling yet, nor will it have even had a strong rebound 6 months out.
Tomorrow should be a great day. Baltia's future is so bright! In my very humblest of opinions, I think tomorrow will be the last day for cheapy shares, and depending on ones terms of cheapy, and when you want to say the start gun was fired...but I think it is tomorrow on as soon as that Mini Evac PR is announced...
BANG to Infinity and beyond.....not too much resistance holding this PPS down, low floor keeps creeping, but the ceiling is going to go off very soon, and we will have to rework the charts....No chart is capable of showing what is going to happen to a penny stock/no debt/cross continental airline.
Inane, Aventador,Murcielago wanting, Library clerk from the sticks of Long Island
-Hootavoota Zoot