Quote:
Originally Posted by Tim C
Mining industry is a very broad term. Not all the mining industry is suffering falling demand and tough times. Gold Companies are experiencing prices close to $900 US/oz + a 30% bonus (Roughly $1200AUD per ounce) with the Aussie dollar being around 68c compared to the almost $1 for a $1 we had recently. I fly Skippers once a week to the Goldfields for work. Their terminal is still chockers in the mornings when I fly. Skippers seems to have all if not most of the Gold companies under their belt therefore a pretty safe industry for them compared to Skywest and Alliance who have expensive Jets reliant on iron Demand to China.
I notice Network have had their ex US Airways jet sitting parked up for 6 months now still in its US Airways colours. In no hurry to commision that obviously.
Cheers
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Network I heard they were having trouble, snags with the introduction of FK100's to their fleet?