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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 379.87+0.4%Nov 11 4:00 PM EST

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To: koan who wrote (43535)3/20/2009 3:40:41 AM
From: Snowshoe  Read Replies (2) of 217699
 
Hi Koan,

We are really starting to feel the effects of the global slowdown here. As the refueling point between Memphis and Hong Kong, Anchorage has the third-busiest air cargo hub in the world. But air traffic is down 30 percent, so the refinery in Fairbanks is cutting jet fuel production...

Flint Hills refinery closes processing unit
ALASKA RAILROAD: Fewer shipments may mean fewer trains.

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The refinery mainly manufactures jet fuel for sale at Fairbanks and Anchorage airports.

However, flights are down more than 30 percent at Ted Stevens Anchorage International Airport, Cook said.

Global market conditions have forced down demand for air cargo transportation at the busy hub, decreasing fuel needs, Binkley said.


Fairbanks International Airport spokeswoman Angie Spear said demand is fairly stable in the Interior.

A year ago, Flint Hills shipped jet fuel to Anchorage in about 80 cars per day on the Alaska Railroad, Cook said. Now, the refinery is down to about 40 cars per day of production.
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