PPRuNe Forums - View Single Post - Growing Evidence That The Upturn Is Upon Us
Old 6th August 2008 | 15:42
  #160 (permalink)  
MIKECR
 
Joined: Dec 2005
Posts: 1,164
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From: UK
Speed Bird,

I would assume the purpose of this thread is to promote positive news, be it interest rates, oil price, price of fish....., flight training prospects....whatever. The similarly worded, arse about face other thread....is presumably to do the opposite. The declining price of oil is presumably good news...be it for many reasons eg. deisel for my car is now 10 pence per litre cheaper than last month. That for me is good news, I drive just over 2000 miles per month. Nobody is in any argument that the aviation industry is teetering on a knife edge just now. Undertaking flying training would most certainly be a foolish move just now. Todays good news however is that the oil price continues to decline and that expert opinion now appears to suggest sub $100 per barrel by year end. Ecomomies will slowly catch up, perhaps 2 - 3 years is a good ballpark.
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