Archive | September, 2008

Don't compound one mistake by making another

Posted on 30 September 2008 by Chip

It is an old aviation axiom. Sit back anylize first then act. Whind the clock. Hasty action, not well thought out or executed, can not only make things worse; it can quickly make a situation un-fixable. Think! Look for secondaries and consequences. I’m reminded of an aircraft accident a few years back. A fire warning [...]

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Gone Fishing!

Posted on 29 September 2008 by Chip

I actually was gone fishing. I went on my annual “boys trip”, to the Lake of the Ozarks. For 23 years a bunch of guys I grew up with in Webster Groves Missouri head out for a week end Bass tourney and beverages. Being a once a year fisherman all I got was a sun [...]

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The cause of the AIG bailout

Posted on 17 September 2008 by Chip

As usual the cause of an econimic melt down is being ignored while all the pundits and politicions flail at the symptoms. Mis-management, yes; corruption, no doubt; greed, a given: but why does the US Fed care enough to cough up 85 billion dollars for a “small” bridge loan? Because the anti-trust laws of this [...]

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Airline Industry profitable in 2009

Posted on 10 September 2008 by Chip

I’ll go out on a limb, why not, I’m a fiction writer/aviator not an industry analyst. As the price of oil stabilizes lower, South West the industry bell weather for pricing, will be forced to raise revenue as the hedge spread narrows. This added revenue for the industry will be accompanied by drastically lower costs [...]

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Southwest Airlines fuel hedges

Posted on 10 September 2008 by Chip

Southwest Airline (LUV) has a very robust fuel hedge position. In fact it is responsible for their profit; a look at second quarter numbers show a 321 million dollar profit with a 511 million boost to the bottom line from fuel hedges. Paying approximately 80 cents a gallon less than AA and Delta for example [...]

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Wild ride at United

Posted on 09 September 2008 by Chip

Yesterday was a wild ride for UAUA investers and employees no doubt. An article claiming United Airlines was going into bankruptcy swept through the internet faster than a 24 hour bug sweeps through a grade school. Panic, bedlam and lot’s of selling followed. One small problem; apparently it was a six year old article and [...]

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November release for: Project Seven Alpha; American Airlines in Burma 1942

Posted on 08 September 2008 by Chip

My Novel is set for a November release in the UK with Pen and Sword Books LTD. P+S’s web site is www.pen-and-sword.co.uk just in time for Christmas. We are planning a book signing tour and I hope to get to some air shows as well. As soon as the cover is finalized I will post [...]

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Trailblazers; test pilots in action

Posted on 06 September 2008 by Chip

Christopher Hounsfield’s book about Test Pilots and their experiences will be released by Pen and Sword Books LTD, www.pen-and-sword.co.uk, very soon. I authored one of the chapters about flight testing a QF-4N Phantom II. Chris is a great author and no doubt this will be a must have book. chip

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Project Seven Alpha, American Airlines in Burma 1942: Galley copy complete!

Posted on 05 September 2008 by Chip

My book continues to track toward publication. The cover is also almost complete, looks great! A galley copy is the final copy that goes to the printer. Stand-by for a re-lease date. chip

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Project 7 Alpha Trailblazers

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