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US Airlines Cutting Flights Over Rising Fuel Costs
Airlines in the U.S. are facing fuel costs that haven’t been seen since 2008, this is a consequence of the ongoing war between Russia and Ukraine. Fuel is one of an airlines biggest operating expense... (www.aviationweekly.org) Ещё...Sort type: [Top] [Newest]
There is plenty of $200/b oil but $50/b oil has run out. Fire up the Nuke plants.
Agree!
Which nuke plants in the US have been decommissioned in the last 5-10 years? In GA, there’s two more coming online. Coal plants are being decommissioned, but natural gas are still viable. Solar and wind are still minor factors, but are slowly better financially positioned as oil and natural gas prices surge.
I should have said "build the nuke plants" and I did not mean to imply that the US was shuttering viable nuclear power plants but to answer your question this is a list of nuclear plants that have been shut down.
San Onofre. Trojan. Rancho Seco. Crystal River 3. Connecticut Yankee. Vermont Yankee.
San Onofre. Trojan. Rancho Seco. Crystal River 3. Connecticut Yankee. Vermont Yankee.
Crystal River had to be closed. From what I've been told by folks who have worked there, the reactor containment building developed a crack that you could see daylight through!
Cuz airliners run will on nuclear power.
Most of the large airlines, at the more savvy ones, heavily invest in a series of fuel futures. Basically, each quarter in the future, they pre-price a certain amoutn of fuel at a fixed prices. It's a bet. If prices go up, you win. If prices go down, you lose. But you get predictable costs, which is important to business stability and schedule planning.
In the article, you see "Allegiant has said they would cut their Q2 schedules up to 10% as a result, Alaska Airlines has said they expected their capacity to be down 3-5% in the first half of the year ...". I would guess that they are under-invested in fuel futures for next couple of quarters.
And then "The big three, American, Delta and United Airlines have all said that they wouldn’t cut any flights or raise ticket prices." This is a good sign that they've done their homework and prepared with enough futures.
In the article, you see "Allegiant has said they would cut their Q2 schedules up to 10% as a result, Alaska Airlines has said they expected their capacity to be down 3-5% in the first half of the year ...". I would guess that they are under-invested in fuel futures for next couple of quarters.
And then "The big three, American, Delta and United Airlines have all said that they wouldn’t cut any flights or raise ticket prices." This is a good sign that they've done their homework and prepared with enough futures.