Kurt Thorup

Long-term horizon
Kurt Thorup
Long-term horizon
Contributor since: 2012
funny that Delta is so proud that they bought an old clapped out -200. Remember when they pulled that old northwest 74 out of the desert and they had smoke in the cabin on its first flight out of refurb?
On time performance surely isn't related to front or back end staffing or performance. Scheduling, tracking and deploying crews has been an ongoing issue though efforts are being made to improve this
yawning my way to retirement...
I'm banking on the fact that the summer months are slower and the BDI will rise into the fall. Time will tell if my thoughts are accurate, thanks for the comment
Thank you for the comments
Thanks Mark! Welcome to the site, hope you like it
Thank you for the comment, I agree that may have a small impact. What we're seeing today with the proliferation of onboard communication is that business aircraft are becoming more of a mobile office increasing productivity & efficiency while still allowing for invaluable face-to-face time.
Thank you for the comment Mitchell. You bring up a number of good points, some of which I had not even considered. I agree it's likely a very dynamic situation.
You could be right and perhaps that accounted for some of it, as I've been traveling to Teterboro since the winter of 2005 and don't recall any training taking place. Certainly isn't a perfect science but I thought the concept was worth introducing. Thank you for the comment
Thank you for the comment Aspire
That's great Matt! I'll shoot you a PM
QTR, really appreciate your articles. However, go back through the last 4 years and watch what the BDI does in late January and early February. Every year. I'd be really surprised to see the 2's in 2014... otherwise I agree with your analysis.
The Jan '16 calls are out and have very little time premium. They're starting to look good at these levels... and it gives DRYS two years to get their act together
Feel free to buy some puts but that was a better idea in the high $4's
Thank you for the response. If an investor understands and accepts the risks you mentioned, I believe there is a place for DRYS in many portfolios.
I always appreciated your comments on dry bulk, they obviously come from vast experience in this area. That being said, don't you agree that we're seeing positive signs, especially for DRYS? At somepoint the trend over the last couple years will have to end, right?
DryShips has 24 Panamax with almost all on spot pricing, and 10 Capesize with two of it's lowest rate period charters coming due in 2014 for redeployment. They have a larger fleet and more diverse earnings (read: safety net) in ORIG. These are positives in my eyes.
Investors and the flying public are ultra sensitive to any issues with the 787 right now. If you only knew how many mechanical writeups, deferrals, delays, diversions and precautionary landings happened daily on Airbus, Bombardier and Embraer equipment as well as Boeing, it may put this into perspective.
The main aircraft battery is located in the forward E&E bay, underneath and behind the cockpit. The APU (Aux Power Unit) battery is in the aft E&E bay, located approximately at the trailing edge of the wing. Hope this clears up the confusion
The APU batteries on the 787 are located farther forward than where this fire appears to have originated. I won't speculate on what caused this, but that area of the aircraft contains an overhead flight attendant rest area and lots of galley equipment.
Thank you for the comment Gators. I'm looking forward to providing updates on MPW in the future
I agree. I'm expecting to hold MPW for at least 2-3 years, though I'm up over 25% since last fall as well. Thank you for the comment
You did very well, good luck with future positions and thank you for the comment.
So goes the life of a landlord. Thank you for the comment.
Thanks for the note, I guess I was mistaken. Most supersonic aircraft need AB to get past the drag coefficient peak at high transonic/low supersonic speeds but can sustain cruise above ~mach 1.3 without them. The Concorde lit them for takeoff/climb and acceleration, but they were not used during cruise above 1.7 mach.
Either way the fuel burns will be very high, though I suspect people will still pay for it!
Thanks for the article, I'm really looking forward to seeing some progress on this front. But besides the noise reduction they'll have to sort the massive fuel burn issue. The Aerion plans to use older JT8D engines off the MD-80 series, and to get through mach 1 will need to install some sort of afterburner assembly. I'm guessing they'll see an average fuel flow in the range of 2,000 gallons per hour. Ouch!
I think you're right and wrong. I'll bet some of the technology in their aviation products will transfer over to create some amazing new consumer products that we haven't even thought of. They sell complete Attitude and Heading Reference Systems (AHRS), Synthetic Vision, Bluetooth GPS receivers, full autopilots and ADS-B receivers to name a few. They're priced competitively and excellent quality.
And if you have questions about customer support & satisfaction read this survey: http://bit.ly/Tv7wOu
Great article. Hmm, is it time to sell FEB $500 puts for $11.70? Maybe too rich for me, but tempting!
Thanks WW,
Something I didn't even mention is the retrofit market, and STC's to upgrade older aircraft with the G600 and G1000 panels are just piling up. Investors should keep an eye on the Auto/PND business but honestly, I think there will be a big revenue shift into aviation.
destroy them in the next 2 to 5 years? Well, thanks for that insight.
Thanks Matt,
I'm not familiar with TeleNav but I'll look into them. TomTom would have been good for a comparison, as they directly compete in the auto and portable segment. They don't have marine or aviation products however. Thanks!
Hi Robert,
I agree. Garmin did just raise its dividend in June, and has been slowly buying back shares. Perhaps you were just speaking generally. Thank you
I agree that the accelerated depreciation expense is vital not only for the sales of business jets, but the huge number of highly skilled aerospace employees that rely on those sales. Aircraft are one of our nations biggest exports and the 'anti-business jet' political jargon shows a complete lack of understanding of how the industry and corporate America actually work.
And regarding your question, these folks have been planning a supersonic jet for some time. Whether it actually gets built we'll see! http://aerioncorp.com