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l : l29-list@matronics.com 8 February 2006 • 11:55AM -0500

Re: L29-List: L-29 GLUT
by colyergreg

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--> L29-List message posted by: colyergreg@aol....

I think it was the guy in the back who brought a smile to your face:) sorry you left the door open, so to speak....

-----Original Message-----
From: SD737@aol....
To: l29-list@matr...
Sent: Tue, 7 Feb 2006 20:53:04 EST
Subject: Re: L29-List: L-29 GLUT


--> L29-List message posted by: SD737@aol....

It looks like the guy that wrote about the lousy soft L-29 market  started
some good banter.
Unfortunately he is right on the mark!  The market has dropped about  $20K on
L-29's over the winter.  Example the L-29 that sold for $60K would  be
difficult to sell for $40K in today's market.  Good news however, the  oil
future
markets took a beating today saying there is a oil  surplus!   Hopefully that
will work its way down to a kerosene price  drop this summer.

Ya, kerosene used to be .80 a gallon and over the course of a year jumped  to
$2.75 a gallon out here in Reno, Nevada and that keeps me from flying much  
more than once a month.

There are  3 L-29 owners out here on the west coast that got  together a few
weeks ago and flew over the Golden Gate and Alcatraz and the  Marin Headlands
and we had a great time although it ended up being approximately  a$1,500.00
day for me which is a lot of money to blow out the  tail pipe.  I had a back
seater that threw $600.00 at the  cause.
I fly the 757/767 to Hawaii and flying the L-29 still brings a bigger smile  
to my face than landing a 767 Heavy in SFO!














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