Bravo trade days

[Mcstealth]

Interesting comparison on Bravo's for sale on this website.  I am not searching other Bravo's, just thought that the price comparison for the three on the site was interesting.

[carusoam]

David,

How are things in the restaurant business in TX?

I was wondering if the lower price of gasoline is improving the traffic of people flowing into the steakhouse.

1) More traffic is good.  

2) Lower 100LL price is good.

3) Bravos and other Mooneys changing hands all over the place this spring is good.

Hope things are going well in your area.

Best regards,

-a-

[Mcstealth]

On ‎3‎/‎8‎/‎2016 at 2:22 PM, carusoam said:

David,

How are things in the restaurant business in TX?

I was wondering if the lower price of gasoline is improving the traffic of people flowing into the steakhouse.

1) More traffic is good.  

2) Lower 100LL price is good.

3) Bravos and other Mooneys changing hands all over the place this spring is good.

Hope things are going well in your area.

Best regards,

-a-

Low gasoline prices is/are actually a double edged sword. When the barrel price of oil falls below $50 per, then the majority of the oil field workers (USA) are layed off from their oil jobs. All of the oil workers go from making a high wage to a low wage after they are through with their unemployment benefits. The oilfield areas lose a huge portion of consumers and the domino effect takes place. The down turn happens, the low gas prices help keep people (consumers) moving and buying up to a point. Soon enough the glut of oil will be consumed or the prices will be raised by OPEC, and gas prices will go back up to previous levels.

All that being said the current generation does not "cook" as we all did in the past. That is a good thing for restaurants. As long as I keep my store clean, with a good product, I will stay busy and make a little profit. I said little.  Not going to be able to take the 'O3 from Lance anytime soon.

 

Ps, sorry for the late reply and TMI reply.

[jetdriven]

i think we are better off as a whole with lower oil prices than higher. Look what 100$ oil has done to airlines and to GA.

[Yetti]

Talking to one of the airport managers in Houston, a fair amount of people are having to sell their planes and continue to lower the price....

[jetdriven]

IDK what it is about Houston, but most of the planes for sale here are in really poor condition and underflown, if flown at all.  This is a humid coastal climate and its not the best plane for an airplane to begin with.

[Mcstealth]

22 hours ago, jetdriven said:

i think we are better off as a whole with lower oil prices than higher. Look what 100$ oil has done to airlines and to GA.

Certainly agree. The oil patches in the US, not just TX, are all effected with a down turn, but that is a small sample of America compared to the big picture of GDP and the economy. 

Df