Price of oil and aviation

[ajet32]

Suncor has one (1) corporate jet and four(4) airliners. Upper management rides the airlines just like everyone else with the exception of the very odd occasion.
Suncor has been flying in something like 20,000 plus people a month for years.
The only buses are coming from Fort McMurray to sites not from any farther. If you think large numbers of workers are busing from Edmonton or Calgary you are mistaken.

[tbaylx]

In excess of 30,000 workers a month! Wow! I stand corrected. Out of curiosity, at 130 passengers per 737-300, less per 737-200 combi, (that's probably 250 fully loaded 737's a month), how many of those are honest to goodness, full blown oil sands charters? I don't doubt that a ton of Canadian North's passengers work in the oil sands and are commuting to Edmonton (to get on a bus, my guess) but for the sake of this thread, curious minds want to know, what percentage of those flights are true oil company charters?

All of them. We don't do any East/West scheduled flying other than the arctic. So all of those are chartered flights for the oil sands.

[tbaylx]

http://business.financialpost.com/2014/ ... =a980-212b

She thinks the low oil price is already oversold, and a 25% correction is due by late new year.

But who knows, could be earlier with high summer demands...

Analysts are no better than a coin toss. A quick look at the futures curve shows that $60 range oil is here to stay for awhile.

[Hipster Exterminator]

I know all to the major players are taking big steps to reduce road travel to and from the oil sands area.

My brother worked up there for a few years, they stopped letting guys drive in because these mandels would work a double shift and then insist on driving back to Edmonton or Calgary immediately and then straight into the ditch or oncoming traffic. In one accident the mandel had been awake for thirty hours.

[Donald]

There was a bus crash in about '05 that really got the fly in/fly out started. I think it was a bunch of electrical workers that were killed, and the IBEW insisted on flying over driving.

[palebird]

This is a pretty humorous thread. Nobody in this world knows where the price of oil is going or when. The price is tied to so many political footballs around the world it is virtually impossible to say what will happen next.Any cowboy who thinks he knows, well good luck with that. Do a little more informed reading and you may start to understand why it is so volatile.Lord please let there be another oil boom and I promise not to piss it all away this time.Yeah right.

[Independence]

If a plant is in production then companies think hard before shutting things down but if you are in the construction phase it may make sense to slash the budget and lay off workers. So, I would see less people being flown this year vs last year which will obviously have an impact on work available for pilots.
It could be a short term issue if prices go back up later in the year but there could also be a long term impact if oil stays in the $50-70 range for a couple of years.

[medi-whacked]

Someone said that Canadian North was not an active player in the oil patch. I guess their management sees it differently.

Canadian North to make staffing changes due to drop in charters.
http://www.cbc.ca/news/canada/north/can ... -1.2900278

Hope that everyone finds suitable jobs. Time to tighten the buckle, turbulent skies ahead.

[calgaryguy]

Someone said that Canadian North was not an active player in the oil patch. I guess their management sees it differently.

Canadian North to make staffing changes due to drop in charters.
http://www.cbc.ca/news/canada/north/can ... -1.2900278

Hope that everyone finds suitable jobs. Time to tighten the buckle, turbulent skies ahead.

Rumor is that one of their major oil field clients recently did an audit on them and wasn't very happy.

[tbaylx]

Someone said that Canadian North was not an active player in the oil patch. I guess their management sees it differently.

Canadian North to make staffing changes due to drop in charters.
http://www.cbc.ca/news/canada/north/can ... -1.2900278

Hope that everyone finds suitable jobs. Time to tighten the buckle, turbulent skies ahead.

Rumor is that one of their major oil field clients recently did an audit on them and wasn't very happy.

That is entirely false, thanks for trying though.

[dhc#]

So how are North Cariboo and Sunwest doing, now that CDN North is slowing down with the oil patch work?